Browsing Faculty of Economics and Management Sciences (FEMS) by Subject "Accounting Standards, Performance of Commercial Banks, Kabale Municipality, South Western Uganda"
(Special Journal of Banking, Finance, and Management., 2021) Mbabazi, Mannex; Moses, Agaba
Background : Accounting Standard practices and their relationships with the performance of commercial banks in Kabale Municipality in Uganda are not defined. Probing into the relationship between the two will unearth the key necessary to impact management capacity Objective: To determine the influence of accounting techniques, accountability, and transparency on the performance of selected representative commercial banks in Kabale Municipality, Uganda Methods : The cross-sectional retrospective study design adopted was quantitative and descriptive with a sample that comprised 118 respondents selected by both simple and purposive random sampling. The data were tested for reliability and analyzed using SPSS. Results: : The use of accounting techniques significantly affected the financial performance of studied commercial banks (p=.031<0.05) Accountability was found to have a significant (p<0.05) effect on the performance of studied commercial banks in Kabale Uganda. Transparency was also found to have a significant effect on the financial performance of selected commercial banks in Kabale Municipality (p=0.021 Conclusion and recommendations: Accounting techniques, accountability, and transparency have a significant effect on the financial performance of banks. Banks should have operational accounting techniques, accountability, and transparency mechanisms to impact better financial performance.