EFFECT OF MONITORING AND EVALUATION ON FINANCIAL PERFORMANCE: A SURVEY OF SELECTED PRIVATE SCHOOLS IN UASIN GISHU COUNTY, KENYA
Keywords:
Budgetary control, monitoring and evaluationAbstract
The aim of this study was to examine the effect of monitoring and evaluation on budgetary control: a survey of
selected Private schools in Uasin Gishu County, Kenya. The study was conducted through a descriptive
research design. The target population was the directors and employees of selected schools. For the purpose of
this study, the study used both primary and secondary data. Descriptive analysis was employed to analyse
qualitative data. Pearson correlation coefficients were constructed to test the relationship between the
dependent and independent variable. The findings were presented in the form of frequency distribution tables.
The findings of this study indicated that monitoring and evaluation (r=0.776, p=0.000) had a significant
relationship with financial performance. Based on the findings of this study, it was recommended that Private
schools in Uasin Gishu County should invest more in staff development, ensure effective budgeting process is
facilitated. Lastly the study recommended that further research be done on the same field but in other sectors or
organizations and should focus on other determinants of budget control.