Browsing by Author "Sunday, Arthur"

Now showing 1 - 6 of 6
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    Budget implementations in Local Governments in Uganda; Reflections from Kiruhura and Mbarara.
    (Kabale University, 2023) Eton, Marus; Sunday, Arthur; Nkamusiima, Dianah
    Purpose: This study focused on the extent of budget implementation in selected local governments in Uganda, focusing on the governance principles of budget implementation, which included participation, transparency, accountability, and gender equity. Research methodology: The research design used was descriptive and analytical to allow for a comprehensive description of budget implementation in the local governments of reference. Data were collected using a structured questionnaire and interview guide. The participants were chosen purposively because they were conversant with the variables under study. Results: The study findings indicated that budget participation increasingly varies from one local government to another due to the low level of awareness among less-educated citizens. There was also a reduction in revenues, a failure of the budget to meet citizens’ needs, and the lack of sufficient time to implement the budget variedly affected budget implementation. Limitations: The study was conducted in only two districts and one city in western Uganda, and their findings make it difficult to generalize the findings. Contribution: This study provides a solid basis for advocating more observation of good governance principles in budget implementation. The study showed that budgeting is a collective responsibility for all, and therefore, transparency and participation are important. It provides valuable insights into budget implementation challenges in Uganda and proposes a workable strategy to respond to the challenges established. It also adds literature on the role of governance, transparency, and participation in budget implementation.
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    Cost and Management Accounting Practices, ICT Usage and Performance of Secondary Schools in Uganda: A Case of South Western Uganda
    (Research Journal of Finance and Accounting, 2022) Abanis, Turyahebwa; Natwijuka, Crispus; Sunday, Arthur; Byamukama, Eliab Mpora
    This article accounts for the findings from a study conducted in secondary schools located in south western Uganda. The study was about Cost and Management Accounting Practices, ICT Usage and Financial Performance of Secondary Schools. This study adopted a cross-sectional and correlational design. Questionnaires were administered to 435 secondary schools. The Unit of analysis was secondary schools and the unit of inquiry was head teachers/their representatives.The findings indicate that the adjusted R² is 27.4% and the F-ratio (F = 9.122) is significant. This means that the total predictive power of cost and management accounting and ICT adoption account for 27.4% in financial performance of secondary schools. (R² = 0.274, p <0.01). The results supported the earlier set three (3) hypotheses in the literature review. The results emphasize that cost and management accounting practices highly influence financial performance of secondary schools.The study emphasized that Education is acute to the generation of strong, and enlightened countries, to which Uganda aspires to be. In recent years, Uganda Primary Education (UPE) has procreated large proliferations in the number of students yearning secondary education in Uganda. Private secondary schools have been established to encounter the superfluous demand. Without steadfast cost and management systems to guarantee stable financial performance, the secondary schools must, as any other enterprise throughout the world, become financially autonomous, their survival is in doubt.
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    Other proprietary brand assets and competitive advantage in beer products in Kabale District, South Western Uganda
    (Special Journal of Politics and Economic Sustainability, 2020) Moses, Agaba; Sunday, Arthur
    Background In the current business environment, firms are required to be more competitive and hostile. Other proprietary brand asset is used by business organizations to gain competitive advantage. This study adopted the resource based business model that provides a framework for identifying unique set of resources and shifts the approach of assessing competitive advantage from the external to the internal environment that is the resource power. Objectives This study, therefore, set out to determine the effect of Other Proprietary Brand Assets on competitive advantage in beer products in Kabale District. Materials and Methods This is a descriptive questionnaires-based survey of 1,783 wholesalers, retailers, customers, brand and marketing managers of Nile Special Lager, Eagle Lager, Senator Extra Lager, Club and Bell beer products sold in Kabale District of Uganda. Simple random sampling was used to select alcoholic beverages products and producers while purposive sampling was adopted to select shopping centers where consumer information was collected after pilot marketing investigation. Primary data were used and collected using questionnaires. Data generated were analyzed using multiple regression analysis and the t-statistic with the aid of the Statistical Package for Social Sciences (SPSS) version 26.0. Results The findings show that there was no significant effect of Other Proprietary Brand Assets on competitive advantage in beer products in Kabale District of Uganda Conclusion & Recommendation Other proprietary brand assets therefore had no significant effect on competitive advantage in beer products marketed in Kabale District of Uganda. Construction of meaningful brand names, colors, and logos are recommended.
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    The Effect of Risk Management on Financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District.
    (Kabale University, 2023) Kabweine, Bernard Mwesigwa; Eton, Marus; Sunday, Arthur; Ogwel, Bernard Patrick
    To examine the effect of risk management on financial performance in Uganda. We explored literature on risk management and the relationships with financial performance in public sector organizations. We designed a theoretical relationship between risk management and financial performance. A descriptive research design was adopted and a sample size of 169, which constituted council employees and beneficiaries was used. Data were collected through questionnaires and interviews. The study found a significant effect of risk management on financial performance. The study also established positive and significant relationships between risk management and financial performance at (r = .627; sig. <.05). Generally, risk management accounts for 39.3% of the total variations in the financial performance of Kabale municipality. The study shows that local governments in Uganda have strong risk management systems and are likely to register a 50% variation in their financial performance. The study recommends to both public and private organizations improve their risk management systems for high financial performance. The audit departments should strengthen risk management and control activities at the department level.
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    The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District.
    (Kabale University, 2023) Kabweine, Bernard Mwesigwa; Eton, Marus; Sunday, Arthur; Ogwel, Bernard Patrick
    To examine the effect of risk management on financial performance in Uganda. We explored literature on risk management and the relationships with financial performance in public sector organizations. We designed a theoretical relationship between risk management and financial performance. A descriptive research design was adopted and a sample size of 169, which constituted council employees and beneficiaries was used. Data were collected through questionnaires and interviews. The study found a significant effect of risk management on financial performance. The study also established positive and significant relationships between risk management and financial performance at (r = .627; sig. <.05). Generally, risk management accounts for 39.3% of the total variations in the financial performance of Kabale municipality. The study shows that local governments in Uganda have strong risk management systems and are likely to register a 50% variation in their financial performance. The study recommends to both public and private organizations improve their risk management systems for high financial performance. The audit departments should strengthen risk management and control activities at the department level.
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    Working Capital Management Practices and Performance of Small and Medium Enterprises in Western Uganda.
    (Kabale University, 2023) Sunday, Arthur; Turyahebwa, Abanis; Byamukama, Eliab Mpora
    Managing working capital involves making decisions on the investment of available cash, maintaining a certain level of inventories, managing account receivables and account payables. Whereas working capital management is important because of its influence on profitability of SMEs, working capital management practices are not given due attention in Uganda by the owner managers of SMEs. Small and medium Enterprises (SMEs) are the drivers of Ugandan economy; they are the engine of growth for the economic development, innovation, spur economic prosperity and wealth creation of Uganda. Small and medium Enterprises (SMEs) are seen as a driving force for the promotion of an economy and they contribute immensely to the economic development of any country. Despite the significant contribution of small and medium enterprises to the Ugandan economy, the potentials of the SMEs have not been exploited fully and this is a concern of all stakeholders in the economy. Therefore, the purpose of the study was to establish the relationship between Working Capital management practices and performance of SMEs in Uganda a view to establishing a coherent model directed at improving performance. The study also examined factors for efficient Working Capital management practices for SMEs in Uganda. The study adopted a positivist quantitative paradigm with cross sectional and correlational designs. The findings in respect of the main purpose of this study indicated that in Working Capital management practices accounted for 33.8% percent of the variance in performance of SMEs. The results also indicated that Cash Management Practices influence highly since it predicts over 22% of the variance in SMEs performance. The study accepted the hypothesis that Working Capital management practices are positively related with SMEs performance. The present study supported a multi-theoretic approach in explaining performance of SMEs in Uganda. The study supports the pecking order theory in explaining the financing of SMEs together with resource-based view as the theories that help in explaining performance of SMEs. The study confirmed efficient Working Capital management practices positively influence and affect performance of SMEs in Uganda. It was recommended that SMEs should consider Working Capital management practices as an integral part in achieving SMEs performance. They need to give priority to Cash Management since it was found to have a big influence on SMEs performance. Since cash is a component of working capital, then, SMEs owners need to separate business transactions from their personal transactions so as to have financial discipline which would ensure sustainable working capital thus meeting short term needs SMEs