INTERNAL CONTROL SYSTEM IN COOPERATIVE SOCIETIES: A CASE OF WAT HUMAN SETTLEMENT TRUST DAR ES SALAAM

dc.contributor.author	Simeon, Warioba
dc.date.accessioned	2020-04-27T22:23:42Z
dc.date.available	2020-04-27T22:23:42Z
dc.date.issued	2014
dc.identifier.uri	http://hdl.handle.net/11192/3048
dc.description	Dissertation Submitted to Mzumbe University, Dar es Salaam Campus College in Partial Fulfillment of the Requirements for Award of Degree of Master of Accounting and Finance (MSc. A &F) of Mzumbe University. 2014	en_US
dc.description.abstract	The research was conducted as a case study at WAT SACCOS. The primary purpose of this research is to assess the effectiveness of internal control system of saving and Credit Cooperative Society. There has been a trend for poor internal control system in most cooperative societies in Tanzania because management and staff of SACCOS tend to waste assets and practice poor management of members cash and miss use of members resources. The problem has been the major reason for collapse of the financial institutions in Tanzania including Cooperative Societies. In undertaking the study the researcher decided to use various techniques such as interview, observation and questionnaire as described in chapter three of collecting, analyzing and interpreting data collected. After analysis and interpretation as explained in chapter four, the researcher comes with the findings on results of the study which reveal that there were effective controls over cash since that the system did not allow the cash to be collected by unauthorized personnel, and that paid out were authorized by responsible personnel. There were physical controls over the assets of the organization as physical assets were maintained in a register and valuation was done every year. There were restriction to access to records and custody of the assets to unauthorized personnel. Keys of a safe were maintained by two persons, which prohibit embezzlements of society fund A society should look for the ways to employ competent personnel and give regular training to the current employees to equip them with skills and competence in performing their responsibility.	en_US
dc.language.iso	en	en_US
dc.publisher	Mzumbe University	en_US
dc.subject	INTERNAL-CONTROL-SYSTEM-COOPERATIVE-SOCIETIES	en_US
dc.title	INTERNAL CONTROL SYSTEM IN COOPERATIVE SOCIETIES: A CASE OF WAT HUMAN SETTLEMENT TRUST DAR ES SALAAM	en_US
dc.type	Thesis	en_US