Profile Variables Frequency Percentage%

Position
Auditor 15 30%
Accounting Assistant 15 30%
Store Manager 5 10%
Customer 15 30%
Gender
Male 40 80%
Female 10 20%
Age
21-29 years old 16 32%
30-39 years old 11 22%
40-49 years old 9 18%
50 years and above 14 28%
Length of Service in the organization
0-5 years 22 44%
6-10 years 2 4%
11-15 years 4 8%
16-20 years 9 18%
21 years and above 13 26%
 Position Tally
Auditor 15
Accounting Assistant 15
Store Manager 5
Customer 15

Gender
Male 40
Female 10

Age
21-29 years old 16
30-39 years old 11
40-49 years old 9
50 years and above 14

Length of Service in the organization

0-5 years 22
6-10 years 2
11-15 years 4
16-20 years 9
21 years and above 13

Very Great Extent Great Extent Moderate Extent

Q1 15 34
Q2 17 31 2
Q3 17 27 6
Q4 16 27 7
Q5 31 17 2
Q6 17 29 4
Q7 18 30 2
Q8 18 28 4
Q9 22 25 3
Very Effective Effective Moderately Effective
Q10 14 31 5
Q11 19 29 2
Q12 22 25 3
Q13 27 19 4
Q14 27 18 5
Q15 18 28 4
Q16 23 23 4
Q17 18 29 3
Q18 17 28 5
Q19 16 31 3
Very Effective Effective Moderately Effective
Q20 14 32 4
Q21 14 32 4
Q22 23 15 12
Q23 31 14 5
Q24 16 33 1
Q25 19 24 7
Q26 20 24 6
Very Effective Effective Moderately Effective
Q27 21 24 5
Q28 18 30 2
Q29 20 21 9
Q30 24 24 2
Q31 20 28 2
Q32 21 22 7
Q33 18 30 2
Q34 19 29 2
Q35 20 28 2
Q36 23 22 5
Q37 22 26 2
Q38 24 21 5
Q39 23 24 3
Very Effective Effective Moderately Effective
Q40 26 22 2
Q41 22 26 2
Q42 20 28 2
Q43 23 25 2
Q44 24 24 2
Greatly Decreased Decreasing Constant
Q45 22 26 2
Q46 24 24 2
Q47 22 26 2
Q48 23 25 2
Little Extent No Extent
1

Slightly Effective Ineffective

Slightly Effective Ineffective

Slightly Effective Ineffective

Slightly Effective Ineffective

Improved Greatly Improved

 Gender
Male Female

20%

80%

Length of Service in the organization

0-5 years 6-10 years 11-15 years 16-20 years 21 years and above

26%

44%

18%

8%
4%
n
years and above
Respondent 1 2 3 4 5 6 7 8
1 5 5 5 5 5 5 5 5
2 5 5 5 5 5 5 5 5
3 5 5 5 5 5 5 5 5
4 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5
6 5 5 5 5 5 5 5 5
7 5 5 5 5 5 5 5 5
8 5 5 5 5 5 5 5 5
9 5 5 5 5 5 5 5 5
10 5 5 5 5 5 5 5 5
11 5 5 5 5 5 5 5 5
12 5 5 5 5 5 5 5 5
13 5 5 5 5 5 5 5 5
14 5 5 5 5 5 5 5 5
15 5 5 5 5 5 5 5 5
16 4 5 5 5 5 5 5 5
17 4 5 5 4 5 5 5 5
18 4 4 4 4 5 4 5 5
19 4 4 4 4 5 4 4 4
20 4 4 4 4 5 4 4 4
21 4 4 4 4 5 4 4 4
22 4 4 4 4 5 4 4 4
23 4 4 4 4 5 4 4 4
24 4 4 4 4 5 4 4 4
25 4 4 4 4 5 4 4 4
26 4 4 4 4 5 4 4 4
27 4 4 4 4 5 4 4 4
28 4 4 4 4 5 4 4 4
29 4 4 4 4 5 4 4 4
30 4 4 4 4 5 4 4 4
31 4 4 4 4 5 4 4 4
32 4 4 4 4 4 4 4 4
33 4 4 4 4 4 4 4 4
34 4 4 4 4 4 4 4 4
35 4 4 4 4 4 4 4 4
36 4 4 4 4 4 4 4 4
37 4 4 4 4 4 4 4 4
38 4 4 4 4 4 4 4 4
39 4 4 4 4 4 4 4 4
40 4 4 4 4 4 4 4 4
41 4 4 4 4 4 4 4 4
42 4 4 4 4 4 4 4 4
43 4 4 4 4 4 4 4 4
44 4 4 4 3 4 4 4 4
45 4 4 3 3 4 4 4 4
46 4 4 3 3 4 4 4 4
47 4 4 3 3 4 3 4 3
48 4 4 3 3 4 3 4 3
49 4 3 3 3 3 3 3 3
50 2 3 3 3 3 3 3 3
4.26 4.3 4.22 4.18 4.58 4.26 4.32 4.28
9 10 11 12 13 14 15 16 17 18
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 4 5 5 5 5 5 5 5 5
5 4 5 5 5 5 5 5 5 5
5 4 5 5 5 5 5 5 5 5
5 4 5 5 5 5 5 5 5 4
5 4 5 5 5 5 4 5 4 4
5 4 4 5 5 5 4 5 4 4
5 4 4 5 5 5 4 5 4 4
5 4 4 5 5 5 4 5 4 4
4 4 4 4 5 5 4 5 4 4
4 4 4 4 5 5 4 4 4 4
4 4 4 4 5 5 4 4 4 4
4 4 4 4 5 5 4 4 4 4
4 4 4 4 5 5 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
 4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 3 4 4 4 3 4 4 4 3
4 3 4 4 3 3 3 3 4 3
3 3 4 3 3 3 3 3 3 3
3 3 3 3 3 3 3 3 3 3
3 3 3 3 3 3 3 3 3 3
4.38 4.18 4.34 4.38 4.46 4.44 4.28 4.38 4.3 4.24
19 20 21 22 23 24 25 26 27 28
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 4 4 5 5 4 4 4 5 4
5 4 4 5 5 5 5 4 4 5
4 4 4 5 5 4 4 5 4 4
4 4 4 5 5 4 4 5 4 4
4 4 4 5 5 4 5 5 5 4
4 4 4 5 5 4 4 5 5 5
4 4 4 5 5 4 5 4 4 4
4 4 4 5 5 4 4 5 5 5
4 4 4 5 5 4 5 5 5 4
4 4 4 4 5 4 4 4 5 4
4 4 4 4 5 4 4 4 5 5
4 4 4 4 5 4 4 4 4 4
4 4 4 4 5 4 4 4 4 4
4 4 4 4 5 4 4 4 4 4
4 4 4 4 5 4 4 4 4 4
4 4 4 4 5 4 5 4 4 4
4 4 4 4 5 5 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 3 4 4 4 4 4 4
4 4 4 3 4 4 4 4 3 4
4 4 4 3 4 4 4 4 4 4
4 4 4 3 4 4 3 3 4 4
4 4 4 3 4 4 3 4 4 4
 4 4 4 3 4 4 4 4 4 4
4 4 4 3 4 4 4 4 4 4
4 4 4 3 3 4 3 3 3 4
4 3 3 3 3 4 3 3 4 4
3 3 3 3 3 4 3 3 3 4
3 3 3 3 3 4 3 3 3 3
3 3 3 3 3 3 3 3 3 3
4.26 4.2 4.2 4.22 4.52 4.3 4.24 4.28 4.32 4.32
29 30 31 32 33 34 35 36 37 38
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 4 4 4 5 5 5
5 5 5 5 5 4 4 5 5 5
5 5 5 5 4 5 4 4 4 5
4 5 4 4 4 5 5 4 5 5
5 5 4 4 4 4 5 4 5 5
4 5 4 5 4 5 5 5 4 4
4 5 5 5 5 4 4 5 5 5
4 4 4 4 5 5 5 5 4 5
5 5 4 4 4 5 4 4 5 5
4 5 4 5 4 4 4 5 5 5
5 4 4 5 5 4 4 5 4 5
4 4 5 4 4 4 5 5 5 4
4 5 5 4 4 4 4 4 4 4
4 4 4 4 4 4 5 5 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
3 4 4 3 4 4 4 4 4 3
4 4 4 4 4 4 4 4 4 4
3 4 4 4 4 4 4 3 4 4
4 4 4 3 4 4 4 4 4 4
3 4 4 4 4 4 4 4 4 4
3 4 4 4 4 4 4 4 4 4
4 4 4 3 4 4 4 3 4 4
3 4 4 4 4 4 4 4 4 3
3 4 4 3 4 4 4 4 4 4
3 4 4 3 4 4 4 3 4 3
3 3 3 3 3 3 3 3 3 3
3 3 3 3 3 3 3 3 3 3
4.22 4.44 4.36 4.28 4.32 4.34 4.36 4.36 4.4 4.38
39 40 41 42 43 44 45 46 47 48
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 5 5 5 5 5 5 5 5
5 5 4 5 5 5 5 5 5 5
5 4 4 4 4 5 5 5 5 5
5 5 5 4 5 5 5 5 5 5
5 5 5 4 5 5 4 4 4 4
5 4 4 5 4 4 4 4 4 5
5 5 4 4 5 5 5 5 5 5
5 5 5 4 5 4 4 4 4 5
4 5 4 4 4 5 5 5 5 5
5 5 4 4 5 5 5 4 5 4
4 4 5 4 4 4 4 5 4 4
4 5 4 4 4 5 4 4 4 4
4 5 5 5 4 5 5 5 4 5
4 5 5 5 5 5 4 5 5 5
5 5 5 4 4 4 4 4 4 4
4 5 5 5 5 4 4 4 4 4
4 4 4 4 5 4 5 5 4 4
4 4 4 5 4 4 4 5 5 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
3 4 4 4 4 4 4 4 4 4
4 4 4 4 4 3 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
3 4 4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4 4 4
4 3 3 3 3 4 3 3 3 3
3 3 3 3 3 3 3 3 3 3
4.4 4.48 4.4 4.36 4.42 4.44 4.4 4.44 4.4 4.42
 Control Environment WM

Our organization has an accounting and

1 4.26
financial management system
Management is committed to the
2 4.30
operation
Management of the system
closely monitors
implementation of Internal control
3 4.22
systems in our institution
Management provides feedback to the
4 junior officersmeasures
Appropriate about theare taken to 4.18
operation of the
correct misfeasancesystem
in operation of
our Accounting & Finance Management
5 4.58
System
Management acts with a great degree of
6 integrity in execution of their 4.26
roles
Ethical values are upheld in all
7 4.32
management decisions
Our organization has an objective,
8 independent and active audit 4.28
committee
Our Board of governors and its
9 committees are independent of 4.38
Management
Overall Mean 4.31

Internal Audit WM
Reviews of individual systems and
1 4.18
processes
2 Provide Financial controls 4.34
3 Managerial controls 4.38
4 Operational policies controls 4.46
Control information within the
5 4.44
organization
Accounting Information and
6 4.28
communication
Assessment of internal control
7 4.38
framework
Methodical examination of business
8 4.30
processes and connected controls
Provision of independent verification of a
9 sufficient sample of transactions to 4.24
ensure integrity of the decision making
process
Ongoing and independent reconciliation
10 4.26
of all balances
 Overall Mean 4.33

Risk management WM
Management has defined appropriate
1 4.20
objectives for the organization
Management identifies risks that affect
2 4.20
achievement of the objectives

3 Management has a criteria for 4.22

ascertainment of which fraud related
risks to the organization are most critical
Management has put in place
4 mechanisms for mitigation of critical 4.52
risks that may result from fraud

5 Management provide assurance that the 4.30

risks are being appropriately managed
Assess ethics and values within the
6 4.24
organization
Unplanned and informal reviews of other
7 areas of concern, including 4.28
unacceptable levels of risk
Overall Mean 4.28

Control activities WM
1 Performance reviews 4.32
2 Information processing and sharing 4.32
3 Physical controls 4.22
4 Segregation of duties 4.44
5 System of approvals and authorizations 4.36
6 Follow-up on non- compliance 4.28
Checking for compliance with exposure
7 4.32
limits
8 System of verification on reconciliation 4.34
9 Supervisory activities 4.36
10 Assessment of risks 4.36
11 Monitoring procedures 4.40
12 Environmental management 4.38
13 Environmental monitoring 4.40
Overall Mean 4.35

Corporate Governance WM
 Our organization has a smaller board
1 size which contribute more and better in 4.48
the best interest of the organization
hence
Majority of board members are partners
in business This brings their personal
2 interest in the company‟s matters which 4.40
help to enhancement of firm‟s financial
performance
Presence of higher number of
independent directors in the board
3 4.36
enhance the decision credibility and
objectivity

4 Our organization has CEO and chairman 4.42

of the board with specific responsibilities

Board member constitutes of a well-

educated and experienced member who
are able to inspect the current situations
5 4.44
and take measures and decisions
accordingly pertaining to financial
performance of our organization

Overall Mean 4.42

WM
Organization performance
1 ROA 4.40
2 ROI 4.44
3 ROS 4.40
4 Profitability 4.42
Overall Mean 4.42
 Verbal
Interpretation

Very great Extent

5= Very great extent, 4= Great extent, 3 = Moderate extent, 2= Little extent a

Very great Extent

Very great Extent

Great extent

Very great Extent

Very great Extent

Very great Extent

Very great Extent

Very great Extent

Very great Extent

Verbal
Interpretation
Effective
Very Effective
Very Effective
Very Effective
Very Effective

Very Effective

Very Effective

Very Effective

Very Effective

Very Effective
5= very effective, 4= effective, 3 = moderately effective, 2= slightly effective and 1= ineff
Very Effective

Verbal
Interpretation
Very Effective

Very Effective

Very Effective
5= very effective, 4= effective, 3 = moderately effective, 2= slightly effective and 1= ineff

Very Effective

Very Effective

Very Effective

Very Effective

Very Effective

Verbal
Interpretation
Very Effective
Very Effective
Very Effective
Very Effective
Very Effective
Very Effective
Very Effective
Very Effective 5= very effective, 4= effective, 3 = moderately effective, 2= slightly effective and 1= ineff
Very Effective
Very Effective
Very Effective
Very Effective
Very Effective
Very Effective

Verbal
Interpretation
 Very Effective

Very Effective

Very Effective

Very Effective

Very Effective

5= very effective, 4= effective, 3 = moderately effective, 2= slightly effective and 1= ineff

Very Effective

Verbal Interpretation
Greatly Improved
Greatly Improved
Greatly Improved Use a scale of 1-5 where 1 is greatly decreased, 5 greatly improved.
Greatly Improved
Greatly Improved
e extent, 2= Little extent and 1= No extent

ghtly effective and 1= ineffective

ghtly effective and 1= ineffective

ghtly effective and 1= ineffective

ghtly effective and 1= ineffective
 Control EnvironmentInternal
Risk
Audit
management
Control
Corporate
activities
Organization
Governance
performance
4.26 4.18 4.2 4.32 4.48 4.4
4.3 4.34 4.2 4.32 4.4 4.44
4.22 4.38 4.22 4.22 4.36 4.4
4.18 4.46 4.52 4.44 4.42 4.42
4.58 4.44 4.3 4.36 4.44
4.26 4.28 4.24 4.28
4.32 4.38 4.28 4.32
4.28 4.3 4.34
4.38 4.24 4.36
4.26 4.36
4.4
4.38
4.4

Anova: Single Factor

SUMMARY
Groups Count Sum AverageVariance
Control Environment 9 38.8 4.3089 0.0136
Internal Audit 10 43.3 4.326 0.0081
Risk management 7 30 4.28 0.0127
Control activities 13 56.5 4.3462 0.0032
Corporate Governance 5 22.1 4.42 0.002
Organization performanc 4 17.7 4.415 0.0004

ANOVA
Source of Variation SS df MS F P-value F crit
Between Groups 0.091 5 0.018 2.496 0.046 2.438
Within Groups 0.306 42 0.007

Total 0.396 47