Browsing by Author "Mwosi, Fabian"

Now showing 1 - 4 of 4
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    Assessing the deterrents to quality financial reporting in corporate organizations
    (Research & Innovation Initiative, 2026-02-07) Eton, Marus; Mwosi, Fabian; Olupot, Simon Peter; Ogwel, Patrick Bernard; Aitaa, Sam Kilimvi
    Purpose: The study aims to assess the deterrents to quality financial reporting in corporate organizations and provide an acceptable solution to address the identified challenges. Methodology: The data were collected using self-administered questionnaires; the unit of analysis was corporate organizations based in Lira, Uganda, and the unit of inquiry was employees. The study assessed discriminant validity among the latent variables using the Heterotrait-Monotrait Ratio, and correlations among the latent variables were computed. To enhance validity and reliability, the study addressed common method bias. A structural equation model was also developed to assess its predictive value and the strength of relationships among the latent variables. Results: The study found that high-quality reporting is associated with good accounting standards. A positive change in financial reporting strategies improves the quality of financial reporting. It is also noted that the use of qualified staff and ICT would enhance the quality of financial reporting. Implications: Corporate organizations that apply sound accounting standards, integrate ICT, and empower boards to perform oversight roles in accordance with established policies will always grow faster. Originality: This study examined the often overlooked, yet significant aspects of quality financial reporting in most corporate organizations, whereas the existing literature focuses primarily on regulatory issues and compliance. The study focused on specificities and hindrances to accuracy and transparency in financial reporting.
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    Exploring the effect of digital finance on financial inclusion in Uganda, a reflection from Lira City
    (Emerald Publishing, 2025-03-18) Eton, Marus; Mwosi, Fabian; Amandu, Ishaq Yassin; Ocan, Johnson; Ogwel, Bernard Patrick
    Purpose—The study aims to discuss financial inclusion (FI) as a facilitator of digital financing, with the intention of solving challenges relating to financial exclusion. Design/methodology/approach—To understand the nexus between digital finance (DF) and FI, both descriptive and correlation research designs were used. The study collected data from 300 respondents, including vendors and dealers in agricultural produce, who were selected purposively and randomly. Findings—The study found a significant contribution of DF to FI and significant variations in FI due to mobile money (MM) and Internet banking. MM and smartphones are very often used in performing commercial transactions due to their easy accessibility compared to ATMs, the Internet, and agent banking, which are always restricted. Research limitations/implications—The study only focused on how the DF platform affects financial inclusiveness in Lira City and did not explore other financial services. Social implications—The quickest and widest adoption of MM by rural communities is mostly due to its user-friendliness, which seems to be lacking in other bank applications or products. Originality/value—The study offers significant insight into challenges related to financial inclusiveness, which is a global concern for many economies.
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    Financial accessibility and poverty reduction in Northern Uganda, Lango Sub-Region
    (Research Publish, 2019-04-01) Marus, Eton; Odubuker, Picho Epiphany; Ejang, Mary; Ogwel, Benard Patrick; Mwosi, Fabian
    Access to a well-functioning financial system can economically and socially empower individuals and in particular poor people, allowing them to better integrate into the economy of their countries and to actively contribute to their development and protect themselves against economic shocks. The paper examined the contributions of financial accessibility in supporting poverty reduction in northern Uganda. A cross sectional study design was adopted. The data was collected by use of structured and closed ended questionnaire. The findings revealed that financial institutions had not done much to reach the poor, which limits their productivity capacity and capacity to acquire productive assets. While there are isolated pockets of poverty reduction as expressed by participants’ ability to own personal assets and easily manage their dependency burdens, a few individuals have access to better health facilities. The strides to promote financial accessibility are highly commendable, though poverty remains problematic even among those who have access to financial resources. The paper therefore recommends that financial institutions should endeavor to offer financial management training to clients before extending credit to them, especially clients with some noticeable levels of illiteracy. There is also need for a comprehensive analysis on the current poverty reduction models and their impact on the very poor, in terms of production capacity, owning productive assets and living meaningful lives.
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    Working capital management, accounts receivable, and performance of Small and Medium Enterprises (SMEs)
    (Goodwood Publishing, 2025-12-05) Eton, Marus; Mwosi, Fabian; Ogwel, Bernard Patrick; Olupot, Simon Peter
    Purpose: This study examined how working capital management and accounts receivables influence the performance of SMEs in Uganda and proposes policy options to address the financial and managerial challenges identified. The study provides insights into how efficient financial practices can support SME sustainability in a competitive business environment. Research Methodology: A cross-sectional research design was adopted to assess the existing conditions of working capital management and accounts receivable practices. Data were collected through a self-administered questionnaire distributed to 180 SMEs selected for the study. Inferential statistical techniques were applied during data analysis to test the research hypotheses, and several hypothesis tests were conducted to form a sound basis for interpretation and conclusion. Results: The findings indicate that improvements in working capital management significantly enhance SME performance. Similarly, better accounts receivable practices—such as offering discounts and regularly reviewing credit policies—can contribute to improved financial outcomes. The results show that both working capital management and accounts receivables are significant predictors of SME performance. Conclusions: SMEs that adopt sound working capital and receivables management strategies can thrive even in challenging business environments. Effective financial management also reduces the need for borrowed capital, enabling SMEs to operate more efficiently and sustainably. Limitations: The study was geographically limited to Lira City, which may restrict the applicability of findings to broader contexts. Contribution: The study provides important guidance for SME owners and policymakers on how working capital and receivables management practices influence enterprise performance.