ABSTRACT The Attorney General (AG)‘s report on pre-university educational institutions for the years 2010 to 2014 indicates that there is increase in financial irregularities in secondary schools in Ghana. Hence, this study sought to establish the relationship between governance, financial controls, and financial irregularity in Senior High Schools in Ghana. The study employed correlational survey design. The study population consisted of 93 Senior High/ Technical Schools in the Eastern Reg...
ABSTRACT Electronic commerce is now thought to hold the promise of a new commercial revolution by offering an inexpensive and direct way to exchange information and sell or buy products or services. The purpose of this study was to access electronic payment systems; user accessibility and problems using Nzema East Municipality as a case study. A sample size of 380 respondents was selected from individuals and business owners in the municipality. Convenience sampling technique was adopted by t...
ABSTRACT The study investigated the influence of corporate governance on firm performance using listed financial institutions on the Ghana Stock Exchange. The study also investigated the influence of board composition on firm performance. Ex-post factor research design was adopted for the study and purposive sampling was used in selecting sample for the study which comprises all financial institutions listed on Ghana Stock Exchange. The study revealed that there is a positive and significant ...
ABSTRACT Working capital management is a very sensitive area in the field of financial management. The working capital management of a firm in part affects its profitability. A firm is required to maintain a balance between liquidity and profitability while conducting its daily operations. The aim of this study is to investigate the effect of working capital management practices on financial performance of Small and Micro Enterprise in Sokoban Wood Village in Ashanti region. This objective wa...
Introduction This chapter talks about the background and the motivation for the study, the statement of the problem, purpose of the study(objectives), research questions, significance of the study, limitation and delimitations of the study and organization of the study.
ABSTRACT A well performing internal audit function is one of the strongest means to the promotion of the good corporate governance system in an organisation. The study was conducted to evaluate the extent to which the internal audit function is positioned to contribute towards one of the major objectives of achieving good corporate governance in the banking institutions in Tamale for accountability and service improvement. The respondents of the study were drawn from banking institutions in T...
ABSTRACT The study aims to assess the financial management practices of Ghana Health Service. The specific objectives were to evaluate the effect of budgeting on healthcare delivery, to identify the effect of financial accountability on healthcare delivery and also determine the effect of financial controls on healthcare delivery. The study adopted the survey design. A sample size of 69 out of the population of 223 staff in Akim Oda Government Hospital was used. The instrument used for data c...
ABSTRACT This study examines the effectiveness of internal audit in the Keta Municipal Education office. The objectives of the study were to examine the effectiveness of internal auditors in identifying non-compliance activities in the Keta Municipal Education office, determine the extent of management support for internal auditors in the Keta Municipal Education office, examine the independence of internal auditors in the Keta Municipal Education office, to determine whether the Keta Municip...
ABSTRACT Trends in businesses today have made it essential for almost all organizations to maintain an effective Internal Control System. The regulatory and institutional framework has improved considerably, yet still Banks in Ghana are facing some challenges as the world deals with one of the deepest financial crisis in the history of the planet. The effects of the global financial meltdown are gradually being felt by developing countries of which Ghana is not an exception. The stud...
ABSTRACT Since the mandatory adoption of International Financial Reporting Standard (IFRS) in 2007 in Ghana, there have been little empirical studies focusing on value relevance of financial data using return-model. This study focused on value relevance of earnings after IFRS adoption in ECObank Ghana Limited, UT Bank Limited, Societe Generale Bank, Standard Chartered Bank Ghana Limited, GCB Bank, Agricultural Development Bank, National Investment Bank and HFC Bank Limited. The study used on...
ABSTRACT The globalization of the world‟s economy and markets led companies and nations to become world global players. Before the adoption of International Financial Reporting Standards (IFRS), different countries developed their own national accounting standards. However, movement of business toward global economy brought challenges in comparability, objectivity, reliability, understandability among others. In view of this, this paper attempts to assess the impact of International Financi...
ABSTRACT The purpose of this study was to examine the effectiveness of the internal audit in the MMDAs in the Ashanti Region. The motivation of the study was derived from the fact that, there has been an increased interest in the internal audit function in the MMDAs to enhance corporate governance. The data were collected through the use of questionnaire after the census sample had been employed. The study design was a quantitative survey. The study revealed that there is professional profici...
ABSTRACT Small and Medium-sized Enterprises constitute the majority of business ventures and significantly contribute to the employment and economic liberation of both developed and developing economies. Notwithstanding the huge contribution of SMEs to countries' economic development, they are faced with challenges of high tax rates, unfavourable tax policies that tend to affect their profits adversely and high tax compliance costs that accompany the filing of tax returns to revenue authorit...
ABSTRACT The purpose of the study was to examine the VAT flat rate scheme for retail businesses in Cape Coast Metropolis. Specifically, the study focused on the VAT flat rate scheme on sales of retail products. Again, the study dealt with the level of VAT flat rate compliance by the retailers. The study further identified the major challenges faced by both the retailers and the service in the implementation and the administration of the scheme in the Cape Coast Metropolis. The descriptive su...
ABSTRACT The level of tax knowledge is a key indicator of the level of tax compliance, which also affects the amount of the tax revenues available to support government projects and programmes. In Ghana, the level of compliance among the self-employed is low according to the Institute of Statistical Social and Economic Research (ISSER) and the Ghana Revenue Authority (GRA). It is believed that the level of compliance among these selfemployed will be improved with tax education. This study see...