| dc.description.abstract | Donors provide funds to various organizations with a sole believe that the funds will be
utilized towards the achievement of organizational objective as laid out in the detailed
implementation plan and annual work plan. Financial monitoring systems are required in
the quest to maximize the efficient use of resources, create the highest level of
transparency and accountability in an organization’s finances and to ensure long-term
economic success. The study therefore attempts to find the effects of financial monitoring
on the programme performance for INGOs in Kenya.
This study employed multiple regressions to analyze the effect. The data collection
involved the use of both quantitative and qualitative research methodology. A sample of
50 INGOs was selected out of which, I successfully obtained data from 31 INGOs. This
represents 62% response rate which was significant for the study. The data was analyzed
using the Statistical Package for Social Scientist (SPSS). Before running the regression,
data testing was conducted. To obtain a good-fit estimation, some tests were carried out to
ensure statistical assumptions, such as linearity of variables, no correlation among
independent variables, and no omitted variable problem.
The result showed that financial monitoring positively contributes to INGOs’ programme
performance. INGOs that conducted frequent financial monitoring performed well in their
respective programme, other determinants constant. Therefore, concluded financial
monitoring techniques should be conducted frequently to enhance programme
performance. A recommendation was made that NGOs should strengthen their monitoring
through periodic review meetings, onsite and offsite financial monitoring .The leadership
of the NGOs should also ensure fund accountability is enhanced. | en |
