ABSTRACT The aim of the study is to evaluate the effect of the funding gap on capital projects in state universities. The researcher was mainly focusing on the situation at MSU. The researcher used mixed research methodology which involves qualitative and quantitative methods in data gathering. Research information was gathered using questionnaire and interviews. Results indicated that funding gap do exists in state universities especial those in developing countries. At Midlands State Univer...
ABSTRACT The main objective of the study was to determine the impact of internal audit effectiveness on organizational performance of NGOs using a case study of local NGO in Zimbabwe: Case study of HIVOS .The major issue that gave rise and prompted the researcher to study across this area was increased level in project performance inefficiency and funding inefficiency which was the major reason for the organization’s stagnant growth as these two forms the major basis of the operations of no...
ABSTRACT The need to provide adequate and equitable housing has remained a major priority for every government while facilitating homeownership has always been a key component of housing policies generally. The study was aimed at investigating the impact of inadequate funding of Public Sector Investment Projects (PSIP), particularly staff houses using a case study of the Department of Agriculture Technical and Extension Services (Agritex). Evidence highlighted that Agritex started on some PSI...
ABSTRACT The Air Force of Zimbabwe (AFZ) like any other public sector companies is not spared from financial control irregularities in the form of fraud, unauthorised expenditure and misappropriation of funds. This has been evident during the audits by the Ministry of Defence internal audit and reports from the special investigations branch of the AFZ. Despite having an internal control system in place these practices continued to take place on an increasing scale. This has motivated the rese...
ABSTRACT The new value added withholding tax regime moved from the traditional VAT collection systems to tax deduction at source. Under the traditional VAT collection system, the registered VAT operator was the one who had the mandate of preparing the VAT schedule and remitting the whole tax amount. The new system however gave the mandate to remit some of the VAT to registered value added withholding tax agents, and that is to be remitted as a withholding tax. The value added withholding tax ...
ABSTRACT The research project is about bridging the fund gap in public construction projects, the case of Ministry of Local government, Public works and National Housing. The research was carried out concurrently with the final semester as a visiting student at the Midlands State University. The major objectives of the study were to establish the existence of the funding policy for construction projects, identifying policy implementation guidelines which are in place, determining controls in ...
ABSTRACT The study sought to investigate the impacts of internal audit on profitability of firms in the hospitality industry. Recent corporate scandals at global and local level in the presence of legislature and internal audit departments propelled the need to examine the impact of internal audit departments on profitability. The case study used was Chinhoyi University Hotel. A sample of 21 employees of Chinhoyi University of Technology was drawn from the population and stratified random sam...
Abstract The study established the relationship between the Fraud Triangle and the increase of fraud. It was prompted by the increase of repeated fraud cases in Seventh Day Adventist Secondary Schools in Central Zimbabwe Conference. The study adopted a quantitative descriptive research design to establish the relationship between the Fraud Triangle and the increase of fraud cases in Seventh Day Adventist Secondary Schools in Central Zimbabwe Conference. The population study considered was all...
ABSTRACT This research was aimed at investigating the effects of plastic money on profitability of banks. A mixed research approach was used to describe the phenomenon as it naturally happens (descriptive design). The data was collected from CBZ Bank Limited with a target population of forty seven (47) personnel. A sample was used were thirty three questionnaires and seven interviews were administered to the population. The key result of the study indicated that increased use of plastic money...
ABSTRACT The Computerized Accounting System (C.A.S) is of extreme importance in providing the financial information for decision making purposes within the organization. The research is about the impact that a Partially Non-Integrated Computerized Accounting System causes on Financial Reporting in Local authorities. For the past years Chiredzi Town Council has been facing challenges due to the operation of Non-Integrated CAS. The Local Authority used three different accounting packages which ...
ABSTRACT The purpose of this research was to assess the effectiveness of the internal audit function at Fabco Pvt Lt. The questioning of the necessity of internal audit by the major shareholder and recurrent increased stock write-offs without adequate explanations by management probed the researcher to carry out the study. The study involved internal audit personnel, management and accounts staff. The study sample composed of three internal audit personnel, five managers and four accounts per...
Abstract Tax non-compliance is an area of concern for all government and tax authorities and it will continue to be an important issue that must be addressed. From a tax administration point of view the, the rapid development of SMEs in the economy signifies a rapid increase in the number of ‘hard to tax’ tax payers. The objective of this study was to evaluate if lack of tax knowledge was contributing to the high levels of tax non-compliance amongst SMEs in Zimbabwe. To achieve this, a qu...
ABSTRACT The Zimbabwe Revenue Authority has been suffering from fraud and corruption challenges due to inadequate controls, discretional interface, lack of accountability and the network of accomplices. It is against this background that the study seeks to investigate the impact of fraud and corruption on the effectiveness of custom duties collection with specific emphasis on the relationship between fraud and revenue .The objectives of this study were to identify the causes of fraud and corr...
ABSTRACT The research seeks to assess the road fund policy used by ZINARA a case of Ministry of Transport and Infrastructural Development This was motivated by the fact that ZINARA is failing to receive enough revenue to meet its operations and obligations. In literature different sources reviewed different policies used in funding the maintenance and rehabilitation of roads. The best practices in road funding that can be implemented were also reviewed. A descriptive research design and strat...
ABSTRACT The study was carried out to analyse the effectiveness of cost cutting measures and problems hindering their effectiveness at The Victoria Falls Hotel. The need for the research emanated from the hotel increasing costs in the past years, there been variances between projected capital and operational costs and the actual costs. The research method used was a case study and questionnaires and interviews were used as primary data gathering instruments and financial statements were used ...