Impact of Financial Accountability Practices on Grant Performance of Local NGOs: A Case of Arct Ruhuka

Nsengiyumva Jean Damascene & Wilson Bashaija
University of Kigali, Rwanda
Email: dadansenga@gmail.com
https://orcid.org/0009-0005-1074-4948

Abstract: The general objective of this research was to examine the effect of financial accountability practices on the grant performance of local NGOs in Rwanda. The research was supported by agency theory, resource-based view (RBV) and institutional theory. The researcher used descriptive case study. Research design was based on qualitative and quantitative approaches. The population of the study was 140 and sample of 140 respondents, sampling technique was used to pick all the respondents as the sample size of the population. The researcher used SPSS software application to analyse the data. Mean standard deviation and percentages were used for data analysis. The relationships between the variables were established by use of Pearson correlations. Basing on ANOVA p-value was 0.000 that was <0.05 and the significance level of 327.428. This means that there is no significance effect of financial reporting practices on the grant performance of Non-Governmental Organisations in Rwanda, was rejected and goes by other anticipation that means that financial reporting practices impact the grant performance organisations in Rwanda in terms of budget monitoring, policies & procedures and financial reporting. The studyconcluded that putting proper budget monitoring processes in terms of regular budget monitoring at ARCT Ruhuka influenced the achievement of project goals and objectives, regular budget monitoring have on the cost efficiency of grant-funded projects at ARCT Ruhuka in Rwanda. The researcher proposes further studies on impact of budget monitoring on economic development in rural areas in Rwanda.