ABSTRACT This study find out the financial performance of Queensland International School using some selected financial ratios. The specific objectives was to evaluate the financial stability, operational and solvency ratios. The quantitative approach and the descriptive research design were adopted for the study. The census sampling techniques was used to select the sample for the study while the descriptive approach was used to describe the results. It was found that, the current assets of ...
ABSTRACT The study was to examine the knowledge and utilization of e-banking facilities in Kaaseman Rural Bank in Ghana. The study used a quantitative and descriptive design of which customers and management of Kaaseman Rural Bank were targeted. Two hundred and eighty respondents were chosen with the aid of simple random sampling technique for selecting the customers while purposive sampling was used to select the managers of the four branches of Kaaseman Rural Bank. Questionnaire was the mai...
ABSTRACT Scholars argue that the low performance of SMEs partly results from their inability to keep proper accounting records. Yet, extant literature addressing the effect of accounting record keeping on the performance of SMEs in the Ghanaiancontext is scanty. To bridge this gap, the present study sought to assess the effect of accounting record keeping on the performance of SMEs in the Cape Coast Metropolis. The study employed the quantitative research approach, descriptiveexplanatory rese...
ABSTRACT Corporate governance, as an antidote to corruption, has received significant public and regulators attention in today’s global world and the internal audit has been identified as the most effective control mechanism to ensure good corporate governance in the public sector. This study, therefore, investigated into the effectiveness of the internal audit units in the public sector in promoting good corporate governance. It reviewed history of internal audit, corporate governance, int...
ABSTRACT The current economic trends have made it important for all institutions; both private and public to maintain effective internal control systems. Internal control has attracted intense debate and attention across industries in accounting and auditing literature over the past decades. The regulatory and institutional framework has improved significantly over the years yet still the Tema Development Corporation (TDC) in particular is faced with lots of challenges. It is against this bac...
ABSTRACT Credit creation process exposes banks to high default risk which could lead to financial distress including bankruptcy. The objective of the study is to identify the key determinants of credit risk faced by the banks in Ghana and to assess its impact on their financial performance in terms of profitability. The study is based on data from seven banks operating in Ghana for a 15-year period ranging 2001 to 2015. The study showed an inverse relationship between capital adequacy and cre...
ABSTRACT This study examines the credit appraisal process and repayment of Bank loans at Ecobank. Specifically, the study investigates the appropriateness of the credit appraisal process of Ecobank, the relationship between loan officers and customers and the effect of loan officer – customer relationship on the credit appraisal process. The study also identifies strategies to help improve the credit appraisal process of the Bank. A face-toface household-level survey of 142 respondents is...
ABSTRACT The main purpose of this study was to evaluate the effectiveness of internal control systems in tertiary institutions in Ghana. The specific objectives included: to review the types and effectiveness of the internal control systems in University of Education, Winneba (Kumasi Campus) (UEW-K); to examine the measures put in place to enhance the effectiveness of internal controls in UEW-K; and to recommend appropriate ways that will improve the effectiveness of internal control activit...
ABSTRACT Decentralization is assumed to bring about better efficiency in the distribution of public goods and services at the local level. Interestingly, this acclaimed position of decentralization depends largely on the belief that local governments will in practice exercise much fiscal discretion when it comes to the allocation of resources than the central government. However, to the shock of many, local assembly’s fiscal discretion appears to be very controlled in the sense that most l...
ABSTRACT Knowledge and utilisation of e-banking facilities by customers of financial institutions have attracted increasing attention in both the developed and developing world due to importance of e-banking in influencing faster business activities. This study examined the knowledge and utilisation of ebanking facilities in 3 branches of the National Investment Bank, Central Region of Ghana. The branches are Cape ...
ABSTRACT A former South African Minister of Finance, Trevor Manuel stated that the obligation to pay one’s fair share of taxes as and when they fall due is part of the new morality which democratic governance must inculcate in every South African. He accepted that tax evasion and fraud are among the most insidious forms of criminality that plague the South African society and that millions of Rand are diverted every day from the fiscus by tax criminals (Oberho...
ABSTRACT The evolution of accounting theory has led to the development of ways to improve corporate reporting with the aim to make corporate reports more transparent and user friendly to all stakeholders. The main objective of the study was to determine the development of Integrated Reporting (IR) in Ghana, among practicing accountants. The study adopted the qualitative research approac...
ABSTRACT Merger is where two or more companies decide to combine their activities and to organize a common control of the assets. This study focused on investigating whether mergers are viable options for raising capital for banks to finance their operations, improve their performance and expand their capacity into new areas. The main objective of this study is to assess merger as a financing option to develop the Rural and Communit...
ABSTRACT The role of SMEs in the development of any nation cannot be overemphasised. Yet their growth into bigger firms is often beset with many challenges. This study sought to examine the perception of business owners about the effect of bookkeeping on the growth of small and medium-scale enterprises (SMEs) in the Cape Coast Metropolis. The study employed the quantitative research metho...
ABSTRACT Tax planning is increasingly becoming an area of interest to many organizations including banks due to the potential benefits that firms and shareholders could derive from it. The problem militating against tax planning is the agency cost and other non-tax costs associated with it. To mitigate the agency problem between shareholders and managers, shareholders rely on corporate governance mechanisms in ensuring ...