Financial Management and Church Investments in Masindi-Kitara Diocese, Uganda

Abstract

The study investigated the relationship between financial management and church investments in Masindi-Kitara Diocese, Uganda. The study specifically examined the planning/budgeting, funding and accountability in relation to investments of the church. Using a case study design, data were collected from a total of 96 clergy, heads of laity and top administrators of the diocese using self administered questionnaires and interviews, it was both qualitative and quantitative data. The finding of the study indicated a significant positive relationship between budgeting and church investments, also there is a positive significant relationship between funding and church investment and also there is a positive significant relationship between accountability and church investments. The study concluded that if proper financial management is in place there is improved investment in the church. The study recommends that Masindi-Kitara diocese should give more priority to improved financial management systems to build strength and trust from the church members through improved investment strategies in the diocese.