3.2020

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Browsing 3.2020 by Author "Ibrahim, Nurdin Abdi"

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    Effect of Internal Controls on Revenue Collection at Kenya Revenue Authority
    (KESRA/JKUAT - Unpublished research project, 2020) Ibrahim, Nurdin Abdi
    The collection of revenues by the Kenya Revenue Authority is key to the government being able to provide social amenities and support its expenditure from internally generated revenues. The lack of the Kenya Revenue Authority meeting its target leads to the Government of Kenya resorting to expensive loans to fund its activities. However, despite the importance of the Kenya Revenue Authority in meeting its revenue obligations, KRA has had challenges in meeting its revenue collection target. In the 2017/18 financial year, the KRA missed the tax collection targets by 25 billion through achieving 1.58 trillion in revenue collection compared to a target of 1.605 trillion shillings. One of the increasing focus of the KRA to achieve its tax targets is elimination of the tax evasion challenges The aim of the study was to examine the effect of internal control on revenue collection at Kenya Revenue Authority. The study was guided by the following specific objectives as follows:- to determine the effect of monitoring on revenue collection at Kenya Revenue Authority, to evaluate the effect of internal control on revenue collection at Kenya Revenue Authority and to find out the effect of records and control on revenue collection at Kenya Revenue Authority. The study adopted descriptive research design and 97 target population. The study target population was 97 and sample size was 78. The study adopted primary data and questionnaire as research instrument. The study collected data by use of inferential and descriptive statistics through SPSS version 4.0. The average overall standard deviation of 0.0.66 infers that 68% of the response was spread within one standard deviation of the overall mean. Further collinearity analysis was done and the results revealed that monitoring, internal audit and records control had a positive and significantly related to revenue collection with p-value=0.00<0.05). The study recommends that Kenya Revenue Authority should recognize contributions of internal control systems. Additionally, the study recommends that the Kenya Revenue Authority should apply internal control systems in their operation to effectively ensure that revenue collected meets the targets set.