ABSTRACT The research focused on the impact of funding gap on profitably of SMEDCO, thus how the lack of working capital has affected the financial performance of the corporation.The research was inspired bythe failure of the corporation to fulfil its mandate of giving loans to small and medium enterprises due to lack of funds. SMEDCO has put a moratorium on disbursements as the corporation has no funds for disbursements. This has affected the financial performance of the corporation as SMEDC...
ABSTRACT This research was undertaken to investigate the effects of non-compliance to taxation and statutory regulations on financial performance of Jimat Development consultants. The management report (2017) of Jimat indicated a sharp decrease in profits which was triggered by a rise in costs associated with non-compliance to taxation and statutory regulations. Literature from different sources was reviewed to find out the reasons behind non-compliance, effects of non-compliance on the finan...
Abstract Corporate scandals have disturbed the business community world over in the past. The stakeholders now demand specific reports with improved disclosure and transparency to safeguard their interests in any organization. The companies listed on the Zimbabwe Stock Exchange (ZSE) are largely reporting on financial content in their annual reports. In-roads have been made to embrace integrated reporting which is a comprehensive financial reporting framework. Integrated reporting forms part ...
ABSTRACT The research was a feasibility study on the adoption of accrual based IPSAS and its effect on government financial reporting: A case of Attorney General‘s Office. In coming up with this paper, this researcher complied related literature from various scholars and also formulated research objectives which guided this researcher. The researcher focused on the technical staff of the Attorney General ‘Office who are the accounting and finance department personnel. The researcher compi...
ABSTRACT Tax is one of the major stream of revenue to the government of Zimbabwe and thus the Zimbabwe Revenue Authority must continuously assess and improve its operations to maximise revenue collections and efficiency in administering tax collection. The Revenue Authority was continually missing its revenue collection targets for period 2012 up to 2016 even though it was the same period SMEs were emerging and making enormous economic contributions to the national GDP and country’s budget....
ABSTRACT The study‟s intention was to investigate how financial management practices were impacting the operational performance of Elephant Lodge Private Limited. It looked at the overall financial management practices in the Small to Medium Size Enterprises (SME) sector but focusing on Elephant Lodge. The study‟s statement of the problem revealed that, the decrease in revenue and escalation of operating expenses resulting in losses in the entity is a cause for concern since it has crippl...
ABSTRACT The researcher investigated on why learners do not register for examinations in Principles of Accounts at Ordinary Level in Watershed Cluster in Marondera District. The background of the study highlighted a decline in the enrolment figures in Principles of Accounts and this prompted the researcher to investigate on the factors that influence learners not to register for examinations in Principles of Accounts. The researchers‟ hope is that the study will be of significance to variou...
ABSTRACT This research was prompted by the researcher’s observations and experience during his time at United Builders Merchants. The research was centred at investigating the payroll policies and its effects on the financial performance, a case study of UBM. The problem over emphasis on the outward looking on payroll policies and services the employees receive from the entity for the determination of their salaries and wages in relation to their production capacities. The focus was on the ...
Abstract Total Debtors increased from $462 409.67 to $536 009.80 which is an increase of 13.73% between the years 2012-2013 and also increased from $536 009.80 to $633 009.98 which translates to an increase of 15.3% between 2013-2014. Some debtor balances remained unchanged because services are no longer being offered to them since they failed to pay anything in 2012 thus there was no movement in their accounts up to end of 2014. This raised an alarm about the debt collection policy. This has...
ABSTRACT The aim of this study was to investigate the responsiveness by insurance companies to regulations affecting their financial performance. More specifically the study sought to investigate the effect of profitability, capital adequacy, return on assets, capital requirements and non- financial factors on the financial performance of insurance entities. Primary data was used in this study, where a census survey was preferred as the population of the study was small. A likert scale questi...
ABSTRACT The research project was carried out to investigate on the appropriateness of the prevailing presumptive tax rates levied on informal sector as some informal firms are not paying presumptive tax. The researcher was enticed to study the prevailing presumptive tax rates as presumptive tax head has been under-performing which results in ZIMRA missing the presumptive tax target for the past five years except in 2014. Results of the study revealed out that the presumptive tax rates levied...
ABSTRACT This study sought to determine the impact of non-compliance on statutory obligations by employers to the financial performance of NSSA. In this study 20 employers, 10 inspectors and 3 Principal compliance inspectors and the Compliance Manager were used as research subjects. The researcher used questionnaires and interviews as research instruments. The study showed that the main causes of non-compliance by employers to their statutory obligations taking social security contributions t...
Abstract This research was carried out at Macro Construction a member of MCD Group of companies. The aim of the research was to investigate the cost management practices of the organization. The objectives of the study were to understand the organizational costing policy, Investigating the organizational policy implementation guidelines, to find out the capacity of personnel in policy implementation, to examine the challenges experienced in policy implementation, to find out which controls ...
Abstract The study is about an investigation of cost management practices at ZPC Kariba in Kariba. The study made an examination into the effectiveness of the measures as used at ZPC Kariba. This led to the researcher to analyse on the cost control measures. The researcher made use of case study design and questionnaires and interviews were used to gather data. The results showed that cost management practices were not reducing operational costs as anticipated due to various factors. However...
ABSTRACT The Zimbabwe newspaper industry has recently been suffering from financial challenges due to the economic crises and the rise in digital media. It is against this background that the study sought to investigate the impacts of digital media on financial performance of Newspaper Companies. Time series data for the period of January 2011 to December 2013 was regressed using a multi-regression technique the Ordinary Least Squares method (OLS). The e-views 4 software was adopted to make ...