Financial Management Practices and Sustainability of Non Governmental Organisations Projects in Juba, South Sudan
Loading...
Date
2017
Authors
Wandera, Tom Victor
Sang, Paul
Journal Title
Journal ISSN
Volume Title
Publisher
International Journal of Finance
Abstract
Purpose: The purpose of this study was to investigate the effect of financial management
challenges on financial sustainability of Non-Governmental Organizations in south Sudan.
Methodology: The study used descriptive research design. The target population of the study was
all the 112 NGO in South Sudan at July 31st 2015. A census of all the 112 key financial manager
personnel was taken since the population is small. Primary data was collected through the
administration of the questionnaires. This study generated both qualitative and quantitative data.
Data was analyzed mainly by use of descriptive and inferential statistics that is, graphical and
numerical methods, measures of central tendencies as well as measures of variability. The
particular inferential statistics were regression and correlation analysis. Multiple regression
equation was used to determine the strength and directions of the association between the
variables with the results.
Results: The study findings indicated that there is a significant and positive relationship between
budget control and the financial sustainability of NGOs in South Sudan. The results also
indicated that there is a significant and positive relationship between financial reporting and the
financial sustainability of NGOs in South Sudan. Also, results found out that there is a
significant and positive relationship between income source diversification and the financial
sustainability of NGOs in South Sudan. Further, the results indicated that there is a significant
and positive relationship between donor relationship management and the financial sustainability
of NGOs in South Sudan.
Unique contribution to theory, practice and policy: The study recommended that budget control
activities such as financial resources, competent human resource, and participation of both staff
and other stakeholders in the budgeting process, proper planning, evaluation, monitoring and
control of the budget process and staff motivation should be fully adopted by NGOs in order to
sustain their financials. The study also recommended that income source diversification activities
such as charitable donations from individuals and corporations, grants, fees, commission,
contracts for service, and sales of goods and should be adopted in order to enhance the financial
sustainability of NGOs.
Description
Article
Keywords
Donor relationship management, income source diversification, project sustainability, Financial reporting, Budgetary Controls
Citation
Wandera, T. V., & Sang, P. (2017). Financial Management Practices and Sustainability of Non Governmental Organisations Projects in Juba, South Sudan. International Journal of Finance, 2(4), 38-57.