| dc.description.abstract | Purpose: The purpose of this study was to determine the effect of internal audit on the financial
management in the County Government of Marsabit.
Methodology: The study adopted descriptive survey was adopted for this study. The targeted
study population was 63 staff members who are Job group K and above from the department of
Finance in the directorate of Accounts, Revenue, Procurement and Internal Audit. The study
employed simple structured questionnaires to gather primary data which was analyzed using SPSS.
Results: The study revealed that internal audit function had a significant influence on financial
management at the county government of Marsabit (r=0.691, p=0.00)
Unique contribution to theory, policy and practice: Good financial management is very
essential in protecting the public funds. This study encourages good practices of accountability,
transparency and wealth creation with public funds. The study is beneficial to not only Marsabit
County but other counties in Kenya. The study concludes that the Marsabit County has a functional
internal audit committee and internal auditors perform their duties with great autonomy and
independence. The study further concludes that internal audit has strong positive effect on the
financial management in Marsabit County. The study recommends internal audit to be well staffed
and resourced so that it is able to carry out regular audits of the county government. This will
improve financial management of the County Government since it has been established that
internal audit has strong positive effect on the financial management. Additional research can be
conducted in the National government on factors influencing financial management and drawing
comparisons. | en_US |
