Abstract: The growing number of serious scandals and other anomalies affecting businesses, hospitals, and educational institutions is a direct result of the fact that interior controls are sometimes nonexistent or completely ineffective in these institutions. The Moi Teaching and Referral Hospital is the second-largest unrestricted referral hospital in the nation, after Kenyatta National Hospital. Being a public hospital, it receives enormous resources in the form of medical tools, pharmaceutical supplies, hospital infrastructure, and money, among other things. Being a public institution, this hospital has long been plagued by concerns about the potential exploitation of its resources, including the possibility of financial theft. Therefore, this study sought to investigate the influence of financial information reporting on performance of Kenyatta National Hospital in Kenya. A descriptive research design was employed. The unit of analysis was Kenyatta National Hospital. The respondents were 80 employees who were obtained from the finance/Accounting Department, HRM Personnel/ Department, ICT department and other staff. A census of 80 employees was done since the size of the sample population is small. Data collection was done using questionnaires. 8 questionnaires were piloted with respondents from the Kenyatta National Hospital and were not involved in the final research. Content validity was applied in this study to test the validity of the questionnaire. Determination of reliability was done using a test-retest technique. Descriptive statistics using mean and standard deviation were used in describing data in quantitative nature. The inferential analysis was applied in determining the level of association between variables by using correlation analysis and regressions analysis. The study found that that financial information reporting had a significant influence on financial performance of Kenyatta National Hospital in Kenya. The study arrived into a conclusion that the hospital had laid down proper measures in accessing data electronically, the records are properly maintained and data properly updated. The study recommended that the hospital should transparently consolidate information on financial reporting tools while providing guidance on the options best suited to different user roles and needs.
Keywords: Financial Reporting Information, Internal Audit Control Practice, Financial Performance.
Title: INFLUENCE OF FINANCIAL INFORMATION REPORTING ON PERFORMANCE OF KENYATTA NATIONAL HOSPITAL IN KENYA
Author: Cosmas Makau Maingi, Dr. Peter Ng’ang’a
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
Vol. 10, Issue 4, October 2022 - December 2022
Page No: 435-440
Research Publish Journals
Website: www.researchpublish.com
Published Date: 18-November-2022
