Effect of Fund Accounting Practices on Accountability to Stakeholders

Effect of Fund Accounting Practices on Accountability to Stakeholders

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Two underlying factors guided this study, (1)NGOs practiced fund accounting as required by the Generally Accepted Accounting Principles (GAAP)governing NGOs(2) that all NGOs were accountable to all stakeholders. The study was conducted among NGOs in and around Kampala city in Uganda, and a correlation research design was used to establish if there existed a significant relationship between fund accounting practices and the level of accountability to stakeholders among the organizations surveyed. Primary data was collected by use of a questionnaire. The data was analyzed using descriptive stati...