Technical Skills & Financial Control Practices Of Maasai Mara Community Support Fund, Kenya

Abstract

Studies conducted in Kenya reveal that weaknesses in financial control practices in community support funds have led to poor management of funds by officials, due to this, organizations risk losing funding from donors. Therefore, the overall objective of this study was to determine technical skills effect on financial control practices of the Maasai Mara community support fund. The specific objectives of the study were: to determine the level of financial skills among community support fund officials; to determine the level of accounting skills among community support fund officials to establish the effect of financial management training on effectiveness of community support fund officials. The study adopted a census survey design to target the entire 136 members. Data was collected using questionnaires. The data was analyzed using descriptive statistics for frequency and percentages, Pearson correlation analysis and simple linear regression analysis. The study established that technical skills of community support fund officials was an important factor in enhancing financial control in the community support fund( r= 0.219, p- value = 0.009). The findings of the study will assist in formulation of appropriate policies on financial control for not only community support funds but to all organizations seeking effective financial control. This study is expected to provide information on the factors affecting financial control practices of the Maasai Mara community support fund.

Keywords: Technical Skills, Financial Control Practices, Community Support Funds