Abstract:
APRIL 2016
ABSTRACT
The study assessed the effects of internal control system on the financial performance of commercial banks in Narok County. The target population was 7 commercial banks in Narok County where 6 commercial banks responded. The study assessed: the effects of control environments on the performance of financial institutions, effects of risk assessment on the financial performance of the commercial banks, effects of control activities on the financial performance of the commercial banks, the effects of monitoring on the financial performance of commercial banks in Narok County. The study adopted the agency theory and the contingency theory. Primary data was collected from the study respondents using questionnaires. Data was analyzed descriptively and presented through figures, tables, percentages and tabulation to show differences in frequencies.
