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The objectives of the research study presented in this book were; to examine the internal control activities related to cash management, to evaluate how risk assessment affects cash management and to establish how cash is managed in a business organization. The results of the study will help to identify gaps within the internal control systems in the organization. The study will help the organization to realize the importance of effective internal controls. The study will enable the researcher attain a wider perspective on internal controls and cash management. It will also be used by other researchers who might make use of it in future. The study is also to serve as a partial fulfillment of the requirements for the award of Bachelor of Management Science of Kyambogo University.