IMPACT OF FINANCIAL CONTROL MECHANISM ON REVENUE GENERATING EFFICIENCY OF OBAFEMI AWOLOWO TEACHING HOSPITAL ILE IFE, OSUN STATE
Abstract
ABSTRACT
This study examined the effect of financial control mechanisms on revenue generating efficiency in Obafemi Awolowo University, Ile Ife, Osun State. The specific objectives of the study were to investigate the effect of internal control system, budgetary control and treasury single account on revenue generating efficiency in Obafemi Awolowo University Teaching Hospital, Ile Ife, Osun State. Field survey research design and sixty-seven (67) staff of the case study were selected for sample size. Primary source of data was used with aid of questionnaire that were administered to the selected respondents. Descriptive statistics was used to analyse the data gathered from the respondents. The study found that budgetary control has effect on revenue generating efficiency. Also, it was discovered that internal control has effect on revenue generating efficiency. Finally, it was disclosed that treasury single account has effect on revenue generating efficiency. Hence, the study concluded that financial control mechanisms have effect on revenue generating efficiency. The study recommended that organizations need to continuously and properly update their internal control systems as a strategy for enhancing the efficiency of financial management.
Full-Text Access Notice
In accordance with the NERD Policy on promoting peer-reviewed publication, public access to the full text of a project, thesis or dissertation is restricted for three years, allowing the author and supervisors sufficient time to pursue peer-reviewed publication.
During this period, researchers with legitimate academic or research purposes may request authorisation directly from the author to enable NERD to release the indexed full texts of the work using the form below.