Abstract This research seeks to examine the impact of owner management on the financial performance of a company using Hofstra Manacc Consultancy as a case study. Some scholars were of the view that ownership structure plays a significant role in determining the financial performance of a company. However, others argued that ownership and management structure of a company has nothing to do with the financial performance of a company. In conducting this research, the researcher used the mixed ...
ABSTRACT The aim of the research is to analyze the government policies on financial performance of Zimbabwe Motor industry. The literature on the research study constituted all the objectives of the research study and what other authors have said about the government policies on financial performance. Questionnaires were used as the main data collection instruments essential in the collection of data. Primary and Secondary sources were both used to obtain data. The targeted population size us...
ABSTRACT The research was carried out to evaluate the effectiveness of cutting down on employee related costs on the viability and performance of the organization as exercised by Damofalls Investments. This was lined with the background that the company was experiencing increasing costs and on the other hand declining profits. So this arose the need for the company to try and cut costs to maintain a standing ground in the construction industry. The research sought to evaluate the current empl...
ABSTRACT This study sough to investigate the assessment of parastatals funding, specified to the case study of National Museums and Monuments of Zimbabwe .The statement of the problem is that the company is facing financial problems as evidenced by recurring losses. This is as a result of continuous decline in government support in form of grants and poor performance of domestic revenue inflows against the background of rising recurrent expenditures which has been forecast to continue to cons...
ABSTRACT The research sought to investigate the funding operations of the Geological Survey Department, under Ministry of Mines and Mining Development. The study was motivated by the fact that the department has been experiencing an increasing operational funding deficit. There has been a trend of perpetual rise in costs while revenue has been decreasing between 2010 and 2013. The Geological Survey department is gradually losing capacity to generate new information. There has not been any fie...
Abstract This study investigated the effectiveness of budget benchmarks on the financial performance of local authorities, a case study of the Rural and Urban Local authorities in Zimbabwe. A hypothesis was developed to look at the relationship between budget benchmarking and financial performance. A descriptive research design was used in this research. The population of the study was 97 consisting of Directorate and senior officials from the Ministry of Local Government, Public Works and Na...
ABSTRACT This research investigates the effects of applying materiality under workload compression demands, on the quality of audited financial statements. Carrying out interviews and distributing questionnaires to the audit staff, research found that application of materiality under workload compression conditions is literal and audits are of lower quality when compared to audits performed under non-workload compression conditions. Evidence was also found indicating that workload compression...
BSTRACT Apart from their declared motives, related parties transactions (RPTs) can mask stakes related to the enrichment of one party at the expense of other parties that are not involved in the transaction. They may, thus, lead to the expropriation of minority shareholders, to the benefit of controlling shareholders, directors or administrators. These groups can make profits by selling to the firm (or buying from it), assets, goods or services, at prices higher (lower) than the market price....
ABSTRACT The general objective of this study was to establish the importance of Risk Based Internal Audit on the growth and sustainability of microfinance institutions. Literature from different authors was reviewed concerning objectives of the research project. Descriptive research design was used in this research, together with case study design and FMC Finance, Harare was used as a case study. The researcher used judgemental sampling to determine the population and sample size. The researc...
ABSTRACT This study was conducted aiming at understanding the emerging trends and factors determining export performances of livestock products in Tanzania for forty four years from 1970-2013, for meat and thirty years from 1985/86-1914/15 for hides and skins. Specifically the study examined the trend and performance of livestock products exports in Tanzania; to analyze factors that determine export of domestic animals products such as meat, skins and hides in Tanzania and identify the potent...
ABSTRACT The purpose of the study was to assess the effect of risk management practices on financial performance of Insurance Companies in Ghana. The study adopted a survey research design and the target population was various managers whose activities are related to risk management in the three life and three non-life insurance companies. The sample size was 60. Respondents were selected using purposive and convenience sampling technique. A structured questionnaire was used to collect the re...
ABSTRACT The concept of business ethics has become very topical over the years owing to significantly number of unethical decisions in the business world that have caused the collapse of many businesses around the World. Studies on business ethics awareness have focussed on professionals and university students. This study on business ethics awareness therefore investigates the awareness and knowledge of business ethics among second cycle accounting students and the extent to which their awar...
ABSTRACT The concept of financial inclusion has been gradually accepted in the global world since it is known as one of the key driver of economic growth and development. The Central Bank of Nigeria’s cashless policy introduced in Nigeria in the year 2011 has in its objective, the financial inclusion. In view of this, the researcher seeks to assess the impact of electronic banking on financial inclusion in Nigeria. The study utilized the total number of automated teller machines, point of s...
ABSTRACT This study investigated the barriers to women career advancement and progression in the accountancy profession in the Kumasi Metropolis. The study sampled 48 female accountants from various institutions who also occupy diverse positions in the Metropolis. Data was collection through questionnaire and were further analysed using descriptive statistics such as mean, frequency and percentages. The study revealed that most of the female accountants pursue a career in accounting due to th...
ABSTRACT This study sought to examine three main determinants of financial sustainability of the Presbyterian Church of Ghana (PCG) in view of the fact that the Church is grappling with serious financial challenges regarding funding administrative overheads, scholarships, and social services. The PCG is a major contributor to the socio-economic and spiritual development of Ghana since 1828 in areas like health, education, agriculture, etc. It was guided by three objective predictors of financ...