Title:
THE IMPACT OF EFFECTIVE CONTROL SYSTEM ON REVENUE MOBILIZATION IN THE PUBLIC SECTOR: CASE OF GHANA REVENUE AUTHORITY

Authors:
GIDEON KWAKU AMPOFO

Volume - 2 Issue - 6, Pages - 3565-3574

Abstract:
The study sought to closely evaluate the impact effective internal controls have on revenue mobilization using Ghana Revenue Authority (GRA), the institution mandated for collection of all forms of Tax revenue as a case study. A sample size of 80 from each 3 divisions of GRA namely Customs, Domestic tax and Support Services divisions were used .Random sampling technique was used to select participants for the study. Data collection was also done through primarily by administering questionnaires, others through secondary sources and analyzed using the SPSS software. Results from the studies indicated a direct relationship between internal controls and level of revenue mobilization within the organization under review. This was evident from responses from participants in the study as well as a test confirmation from the variance analysis between the budgeted revenue and actual collections made and correlation analysis between efficiency of control system and achieving revenue targets. Findings from the study will help management of Ghana revenue authority to evaluate if the internal controls instituted have been successful and positively impacted on revenue mobilization or otherwise. Future researches can consider the impact internal control has on achieving the objective of rendering quality service to the public.

Cite this Article:

[AMPOFO, GIDEON KWAKU. "THE IMPACT OF EFFECTIVE CONTROL SYSTEM ON REVENUE MOBILIZATION IN THE PUBLIC SECTOR: CASE OF GHANA REVENUE AUTHORITY." International Journal of Social Science & Economic Research 2.6 (2017): 3565-574.]