Budgeting Effect on Financial Control Practices in Community Support Funds in Kenya: A Case of Maasai Mara Community Support Fund

Abstract

Studies conducted in Kenya reveal that weaknesses in financial control practices in community support funds have led to poor management of funds by officials, due to this, organizations risk losing funding from donors.  Therefore, the overall objective of this study was to determine the effect of budgeting on financial control practices of the Maasai Mara Community Support Fund. The study adopted a census survey design. The study targeted a population of 136 members. The study used a census because the population was manageable. Data was collected using questionnaires. The validity and reliability were tested to ensure that the questionnaires provide the data that was required for the study. The data was analyzed using descriptive statistics for frequency and percentages, Pearson correlation analysis, t- test and regression analysis. The study established that budgeting was key in the financial control of community supported fund (r = 0.965; p- value = 0.000). The findings of the study will assist in formulation of appropriate policies on financial control for not only community support funds but to all organizations seeking effective financial control. This study is expected to provide information on the factors affecting financial control practices of the Maasai Mara community support fund.