ABSTRACT This research focused on the effectiveness of VAT administration on revenue collection. The researcher observed during audit that revenue collected from VAT is continuously decreasing when the economy started to be unstable. VAT administration that was used when the economy was stable is still being used to the unstable economy and this has caused a lot of challenges in VAT administration. This has highly negatively affected revenue collection on VAT. Descriptive research design was...
ABSTRACT This paper examines the associations between diversity of board members and financial performance of State Owned Enterprises in Zimbabwe (SOEs). Three demographic characteristics of board members, gender, cultural/nationality, and age were used as the proxies for diversity. The study used a positivism philosophy was used and being anchored on the quantitative research design. A survey of 54 SOEs were sampled to include 114directors in the SOEs sector. This study found out that both ...
ABSTRACT The study investigated best practice of environmental accounting among companies currently operating in Chiadzwa Mutare specifically Marange Resources (Pvt) Ltd. Precisely, the study assessed the level of independence of tracking of costs impacting on the environment; level of efficiency and appropriateness of environmental costs and disclosure reporting.The study used research instruments such as primary data survey and secondary data elucidation. For this purpose, longitudinal con...
ABSTRACT The investigation of the challenges of implementing the RBIA in the ZNA was prompted by the growing calls for effective, efficient and economic utilisation of the finite audit resources to achieve the most impact in terms of IA service. The objectives of the study were to identify the key tenets of a RM framework, determine the role of IA within the risk management (RM) framework, determine the adequacy of the RM framework of the ZNA, identify areas of significant risk, and suggest ...
Abstract The Government of Zimbabwe launched the Zimbabwe Agenda for Sustainable Socio Economic Transformation in 2013.The government called upon all Ministries to mainstream Zim Asset into their sectors. The economic changes catch up with international and regional efforts to improve the education systems in ways that are relevant to pupils who in turn would drive economies. The improvements challenge the negative consequences of colonial education in Africa and Zimbabwe in particular. Thi...
ABSTRACT. This study focused on the impact of debt financing on the financial performance of SMEs. The study followed a descriptive research design using Statevice as a case study. Data was gathered through interviews and questionnaires from respondents which were selected through the purposive sampling technique. Analysis and presentation of data was done through the use of tables, pie charts and graphs. Results indicated that debt financing is associated with liquidity, agency cost, bankru...
ABSTRACT The Kingdom at Victoria Falls Hotel was suffering from adverse variances in its budgeted fixed and variable costs and EBITDA for the years between 2013 and 2015 in failure to meet the targets. These adverse budget variances were eroding the shareholders’ wealth. The existence and primary mandate for any business establishment is to maximize the shareholders’ wealth creation through adding value through effective and efficient use of the available scarce resources. Earlier schola...
ABSTRACT The researcher aimed at investigating on the effectiveness of cost control techniques on operational performance at Interfresh ltd (Mazoe Citrus Estate). The company has been associated with high repair and maintenance costs, wastage and spoilage cost, labour cost without a proportional increase in revenue and negative significant variance which arose time and again within the department thereby decreasing operational performance. This pointed out that cost control techniques emplo...
Abstract This research seeks to investigate the influence of tax knowledge on tax influence using Zimtile (Pvt) Ltd as a case study. Some researchers were of the view that tax knowledge has a significant positive influence on the tax compliance level of a company. However, others argued that there is a negative association between tax knowledge and tax compliance. Zimtile (Pvt) Limited failed to obtain a tax clearance certificate on time during the period between from 2014-2016. Therefore t...
ABSTRACT This study sought to analyze the implementation of risk based internal auditing by organizations in Zimbabwe, with particular reference to the National Railways of Zimbabwe. In this study the knowledge and opinions of NRZ managers and internal auditors was sought to establish how risk based internal auditing was being implemented. Attention was to be drawn on discovering whether the implementation was carried out correctly and if not, then make corrective recommendations. The resea...
ABSTRACT This study sought to analyze the effectiveness of risk based internal auditing in the Central Africa Building Society (CABS). Literature from different authors was reviewed to analyze and evaluate different insights on the risk based internal audit policy. Descriptive research design was used to assess the effectiveness of the risk based internal audit system. The researcher used stratified random sampling to determine the population and the sample size. A sample size of 20 responde...
ABSTRACT The objective of this study was to analyse the impact of funding gap on financial performance of SMEs in Zimbabwe focusing on Best Bake Foods (Pvt) Ltd as a case study within a period 2013-2015. The study was motivated by the deterioration of service provision, failure to pay outstanding bills and failing to maximise potential capacity which was caused by the funding gap. This has negatively impacted on the financial performance of the entity as shown in its financial statements. Th...
ABSTRACT Asset management is an area that is increasingly neglected by most central governments, the research investigates into the management of assets. The research was aimed at investigating the causes of poor asset management and to find ways of improving the management of assets. The quantitative descriptive case study was used as a methodology of research .The Ministry of Media, Information and Publicity was the targeted participant in this study. The collection of primary data was don...
ABSTRACT The research study sought to investigate on the factors leading to abnormal shrinkage percentages at branch and company level. A significant rise in the shrinkage percentages of OK Zimbabwe Limited especially the Bon Marche branches led to the initiation of the study. The main research objectives were to examine the drivers of shrinkage and to come up with strategies that may be employed to manage abnormal shrinkages. Accredited scholars and journals were used to gain explicit under...
ABSTRACT This study focused on the problems associated with the use of ICT as teaching media in Principles of Accounts at Ordinary Level in Buhera Central Mudanda Cluster. The study was motivated by the need to improve the need to improve use of ICT as media. The problem was that Principles of Accounts teachers’ were not fully integrating technology as media in teaching at Ordinary Level. The study therefore looked at the uses of technology and challenges faced by teachers in using techno...