Internal Auditing and Sustainability of Small and Medium Enterprises in Uganda

Authors

  • Linda Ismene Apon Lira University
  • Ismail Kintu Makerere University College of Business and Management Managerial Science
  • Geofrey Nuwagaba Makerere University College of Business and Management Managerial Science

DOI:

https://doi.org/10.62598/JVA.10.2.3.8

Keywords:

Internal auditing, SMEs, Sustainability, Uganda

Abstract

This study investigates the relationship between internal auditing and sustainability of small and medium enterprises in Uganda using institutional theory. This research was cross-sectional based on data collected from 361 enterprises. Data were analyzed using the Statistical Package for Social Sciences and Structural Equation Modelling. The results reveal a significant positive relationship between internal auditing (in terms of controls, procedures and practices) and sustainability of small and medium enterprises. Based on the findings, managers should adhere to strictly designed work procedures that possess minimum chances of incurring financial losses to ensure businesses survival in the current competitive business environment.

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Published

2024-12-31

How to Cite

Apon, L. I., Kintu, I. ., & Nuwagaba, G. . (2024). Internal Auditing and Sustainability of Small and Medium Enterprises in Uganda. Vallis Aurea, 10(2), 34–50. https://doi.org/10.62598/JVA.10.2.3.8

Issue

Section

Original scientific paper