ABSTRACT The purpose of this study is to examine the effect of internal control practices on the performance of microfinance institutions in the Central Region of Ghana. Primary data was gathered using questionnaires on internal controls designed to meet the Committee of the Sponsoring Organizations of the Treadway Commission 1992 report for microfinance institutions.The study adopted a quantitative approach with a descriptive survey method. A primary data were collected using self-administer...
ABSTRACT By far a lot of research has been done but the outcome of this study will strengthen the systems of GRA by way of employing all the necessary strategies probably going beyond what they do to close the loop holes thereby reducing the rate of tax evasion. The main objective of the study was to examine tax evasion and its effects on the Ghanaian economy with evidence from Cape Coast Metropolis. The research was a case study which blended both qualitative and quantitative methods in data...
ABSTRACT The purpose of the study was to examine the tax compliance behavior of ownermanagers of Small and Medium-sized Enterprises (SMEs). The study employed the survey design underpinned by the quantitative approach to research. The sample comprised 150 owner-managers of SMEs in the Kumasi Metropolis selected from three major sectors – manufacturing, trading and services using the stratified sampling technique. Data was collected using a questionnaire and analyzed using mean scores and st...
ABSTRACT It is believed that the promulgation of the Public Procurement Act has assisted to deal with several problems of procurement in Ghana. Despite the achievements of the reform, it appears the implementation of the procurement Act is faced with many challenges. This study sought to examine the prospects and challenges of the public procurement Act in Ghana with much focus on the East Mamprusi District Assembly (EMDA). In conducting the study, the researcher adopted purposive sampling te...
ABSTRACT Rural banks have been vulnerable to high loan default, which led to 23 of them becoming distressed in 1999. It is for this reason that the research was conducted into the credit management practices of rural banks. The study explored the credit management practices of two rural banks in the Greater Accra Region to identify the inherent weaknesses in the credit delivery processes that contribute to repayment difficulties and recommend measures for improvement. A sample size of two hun...
ABSTRACT The study examined the financial performance of GCB Bank Limited from 2006 to 2015 using financial ratios and indicators. Annual data from financial reports and statements were employed from Ghana stock exchange on the internet to compute all performance indicators and ratios. The major financial ratios that was used to assess GCB Bank for the period was profitability and efficiency ratios, portfolio quality ratios, liquidity ratios, capital adequacy ratio. The results showed that GC...
ABSTRACT The purpose of the study was to assess the customer service practices in United Bank of Africa (UBA) using Tanoso Branch as a case study. A survey was used to gather information from a sample of 100 individuals analysed into 20 staff and 80 customers of UBA bank. The researcher used convenience sampling strategy to select members to be included in the sample frame. And collected primary data for the study through questionnaires and interviews. From the study, a link between satisfact...
ABSTRACT Given the growing levels of corporations through international trade and the significant changes global economies have seen over the last few years have resulted in significant changes in business operations world over. Prominent among such changes the financial sector has witness is the adoption of International Financial Reporting Standards (IFRS). The purpose of the study was to examine the extent of compliance with IFRS by Ghanaian companies, its association with auditor switchin...
ABSTRACT This research thesis sought to find out the factors influencing the stock prices in the Ghana Stock Exchange. The independent variables were gross domestic product, inflation, dividend policy, and trading volume. A descriptive survey method was used in this study. The target population was the 61 firms that are listed at the GSE. The study used secondary data obtained from annual reports and financial statements of the firms listed in GSE found at the Capital Markets Authority (CMA) ...
ABSTRACT This study sought to investigate the use of financial information in management decision making processes by SMEs in the Kumasi Metropolis. This study examines the existing literature to find the contribution of financial information in making organisational and managerial decisions. The literature review suggests that the use of financial information in decision making depends on the owners’ attitude and their level of financial literacy skills. A qualitative approach was ...
ABSTRACT Effective corporate Governance practices requires appropriate internal audit practices to enhance efficiency. The main purpose of this study was to ascertain the practices of internal audit and corporate governance at Ghana Water Company Limited at the Central Region in the Cape Coast Metropolis. The specific objectives were: identify the Internal Audit practices in Ghana Water Company Limited, assess the corporate governance framework of Ghana Water Company Limited, assess the role...
ABSTRACT This study aimed at examining professional accountants' perceptions of ethical issues, causes of unethical behaviour and ethics education using professional accountants in Kumasi as case study. The objectives of the study were to: examine the incidence, prevalence and forms of unethical behaviors among accounting professionals, examine the extent of accountants‟ professional behavior and the cause of unethical behaviors, examine the ethical orientation of professional accountants...
ABSTRACT The study sought to assess the internal control practices in areas of responsibilities of internal control setting, implementation and monitoring at St. Dominic Hospital (SDH). Good internal control practices positions an organization on high performance and boost the trust of both internal and external clients. St. Dominic Hospital is the biggest institution of Christian Health Association of Ghana (CHAG) and therefore selected for this study. The methodology employed in the study...
ABSTRACT Taxation is the major source of revenue to support the execution of government developmental projects. In Ghana, one major sector where more taxes could have collected is the Small and Medium Scale Enterprises (SMEs) of the informal sector. The sector contributes about 80% to the employment in the country (Ghana living Standard Survey - GLSS, 2010); but, its contribution in terms of tax revenue, relative to its size, is just a drop in the national coffers. The research, therefore, ...
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 method and survey design. The simple random sampling method was used to draw a sample of 100 enterprises from ...