Integrated financial management system (IFMS) and financial reporting in local governments in Uganda: A case of Arua District Local Government

Abstract

The study was about integrated financial management system and financial reporting in local governments in Uganda focusing on Arua District Local Government. The study was guided by the following objectives: 1) To examine how IFMS has ensured accountability in handling and use of public resources in Arua District Local Government, 2) To establish how IFMS has ensured automation of financial reporting in Arua District Local Government, and 3)To analyze how IFMS has ensured value for money in service delivery in Arua District Local Government.. The study used a cross-sectional research design. The researcher embraced both positivism-phenomenological approaches called combination approach, using hypothesis testing and explaining, also using both quantitative and qualitative information. The study population was 108 people with a sample of 85 respondents. The study revealed that 68(85%) of the respondents generally agreed that there is improved recording of government financial transactions. 65(81.3%) generally agreed that the processing of government financial transactions has improved in Arua District Local Government. Results obtained also indicated that majority of the respondents 53(66.3%) generally agreed that processing through IFMS is done on real time.63(78.8%) generally agreed that IFMS automatically updates accounting and financial records of Arua District Local Government when required. The study further revealed that majority of the respondents 55(68.8%) generally agreed that IFMS has helped departments in Arua District Local Government to achieve their objectives. 36(45%) however, said that IFMS does not ensure compliance with internal laws and regulations of Arua District Local Government. 44(55%) said that IFMS has not ensured proper asset management in Arua District Local Government