Does Monitoring Influence Financial Accountability? Answers from National Public Secondary Schools in Kenya

Omondi Margaret Atieno, Tobias Olweny, Julius Miroga


The general objective was to assess the effect of monitoring on financial accountability in national public secondary schools in Kenya.103 national public secondary schools in Kenya were used in the study. Agency theory, Fraud triangle theory and accountability theory guided the research. Survey research was used to collect data from a populace of; 103 principals, 103 bursars, 103 BOM chairs. Questionnaires and audited financial statements were used to obtain data. Reliability was tested through Cronbach’s Alpha.The association between monitoring and financial accountability was established through a bivariate simple linear regression model which was fitted to assess the influence of Monitoring on financial accountability.  The regression coefficient estimate of Monitoring was (β =0.616, t=5.020, p-value = 0.000). It was recommended that frequent external audits by county auditors be done. The principal and bursar should be allowed to evaluate the work done by the auditors and post to the central website.

Keywords:Monitoring, auditing, BOM oversight

DOI: 10.7176/RJFA/10-18-14

Publication date:September 30th 2019

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