ABSTRACT This study was conducted on selected businesses in the Sekondi-Takoradi Metropolis of the Western Region of Ghana with the purpose of assessing the practices small and medium enterprises (SMEs) in the metropolis adopt in managing their working capital through the use of the descriptive research design. A sample of 300 respondents was chosen using the stratified random and purposive sampling techniques from a population consisting of entrepreneurs and their employees responsible for m...
ABSTRACT The aim of this study is to identify the extent to which listed banks in Ghana comply with International Financial Reporting Standards, with particular reference to financial instruments IFRS 7. It also seeks to identify the formal mechanism employed to monitor and enforce IFRS compliance in Ghana. In addition, it is further intended to identify the problems listed banks encounter in complying with IFRS. The level of mandatory compliance with IFRS 7 was measured using a mandatory dis...
ABSTRACT The continuous decline in female students’ enrolment in accounting courses in Ghana has been witnessed and attributed to various factors. It is in this light that, the study seeks to assess the factors that influence female students in pursuing a career in accounting among Senior High Schools within the Sekondi-Takoradi metropolis. The study employed the quantitative approach and descriptive research design due to its research objectives. A sample size of 136 respondents were rando...
ABSTRACT Corporate scandals have made stakeholders question the display of professional scepticism by auditors. This has prompted stakeholders to reassess the trust they place in the audit opinion. Research into professional scepticism has, therefore, caught the attention of practitioners and academia. There is a belief that: to win back the increasingly eroding trust of stakeholders, there is a need to understand the nature of the display of professional scepticism. The study, therefore, exa...
ABSTRACT Internal control systems are primarily established to enhance the reliability of financial performance directly or indirectly by increasing accountability among information providers in an organisation. As the credit unions in Ghana has existed over the past twenty years but their activities have not witnessed significant growth as compared to banks and financial services within the country. It therefore calls for a systematic approach to analyse the internal control system within cr...
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 (Oberholzer 2008). Limited research on...
ABSTRACT Over the years, attempts have been made by the public that universities should be funded fully by their Internally Generated Funds due to constrained on public funds and the huge financing of the universities. One of the major problems now facing the Ghanaian public universities is the problem of under-funding. Therefore it has recently become nationally referenced for building up public universities in Ghana. For these, an internally generated fund deserves the attention of policy- ...
ABSTRACT The purpose of the study was to evaluate the impact of the use of accounting software on the processing of financial information. An exploratory research design was used and the population was all the finance offices of Ghana Education service at New Juaben Municipality. A probability convenient sampling technique was used to select sample of 50 employees in the finance department across the New Juaben Municipality. Questionnaire was used to collect data and data analysed with Stati...
ABSTRACT The interest in financial literacy has increased globally because it enhances financial security, wealth creation and excellent portfolio choice for the individual. The study was set up to investigate financial literacy and the practice of saving and investment by public sector workers in the Ajumako Enyan Essiam district of the Central region of Ghana. Frequency distributions, percentage, contingency tables and bar charts have been employed to show the results in the study conduct...
ABSTRACT Over the past few decades, corporate governance has been a subject of mounting debate and has received considerable attention in the public domain of both developed and developing countries. Corporate governance is primarily due to the various past financial scandals, as well as, the major surprising collapse of corporate bodies across the globe. The study, therefore, assessed the relationship between corporate governance and the performance of Medium Enterprises in the Sekondi-Tako...
ABSTRACT The general objective of this study was to explore the perception of Micro, Small and Medium Scale Enterprises (MSMEs) about International Financial Reporting Standards (IFRS) and their preparedness to comply with IFRS requirements as it involves the preparation of accounts. The research approach follows both the positivist and the critical social research approaches since the adopted research design was the mixed method strategy and employed both quantitative and qualitative methods...
ABSTRACT This study sought to ascertain the type of leadership skills among heads of department and the satisfaction levels of faculty members in Cape Coast Polytechnic using the Multifactor Leadership Questionnaire (MLQ) and the Minnesota Satisfaction Questionnaire (MSQ) The study also sought to establish the relationship between transformational leadership style of heads of department and job satisfaction of faculty members of the institution. The simple random sampling technique was adop...
ABSTRACT For rapid economic growth, there is the need for small businesses and individuals to have access to loan facilities to expand their businesses. Commercial banks therefore come in handy by way of granting of credits to facilitate the growth of businesses. However, despite the significant impact of credit on small businesses, quite a large number of customers default in repayment of loans granted to them thereby threatening the stability of financial institutions in the country. In thi...
ABSTRACT The study evaluated the challenges and success of implementation of International Financial Reporting Standards (IFRS) in AngloGold Ashanti Ghana Ltd (Iduapriem Mine). The study employed the descriptive design and the quantitative approach. The targeted population was AngloGold Ashanti Ghana Ltd. The study conducted a census survey and primary data was collected through questionnaires. Furthermore, the data were analysed using tables and percentages. The study found that factors such...
ABSTRACT This study assessed the mobilisation and application of internally generated fund at Adansi-South District Assembly (ASDA). The study adopted quantitative research methodology as its research approach and used descriptive survey as its design. Questionnaires were self-designed and self-administered. Beside the primary data, secondary data was sourced from Composite Budget for 2016 as well as Medium Term Development Plan of ASDA for the period of 2010 to 2017. The data collected were ...