Abstract This study examined the role of the audit service in fighting corruption in public institutions in the Ashanti Region. The population for the study encompassed all audit workers in the audit department in the Kumasi Metropolis in the Ashanti Region. A sample of twenty auditors was selected for the study through convenience sampling technique. The findings from the study indicated that there was high level of corruption in public institutions in the Ashanti Region and that the role ...
ABSTRACT Well performing internal audit function has been argued as one of the strongest means of internal control to monitor and promote good governance system in an organization. While internal audit can be used in order to assist management in order to instill a strong ethical tone in the entire organization, a poor attitude by the management can make it hard for the internal auditor to uphold ethical behaviour. As a result, many countries have increased attention on internal audit as an i...
ABSTRACT The Auditor General of Ghana’s reports on the public accounts of Ghana takes a direction of consistently reporting of malpractices. The role of internal auditors in preventing these occurrences constantly comes into the spotlight. Other researchers found that internal auditors devoted less time to productive activities. The study therefore sought to evaluate the quality of internal audit in the quasi-public sector institutions in preventing mass financial malpractices. Specific att...
ABSTRACT The study aims to assess the financial management practices of Ghana Health Service. The specific objectives were to evaluate the effect of budgeting on healthcare delivery, to identify the effect of financial accountability on healthcare delivery and also determine the effect of financial controls on healthcare delivery. The study adopted the survey design. A sample size of 69 out of the population of 223 staff in Akim Oda Government Hospital was used. The instrument used for data c...
ABSTRACT The main objective of this study is to examine the effect of tax policy on growth of small and medium scale businesses. The study was carried out in the New Juaben municipality of the Eastern region of Ghana. In this study the researcher used questionnaires and interviews to collect data from the sample size of 200 out of 400 owners and managers of small and medium scale businesses. Both quantitative and qualitative methods were adapted to analyse data. The data collected was screen...
ABSTRACT Electronic commerce is now thought to hold the promise of a new commercial revolution by offering an inexpensive and direct way to exchange information and sell or buy products or services. The purpose of this study was to access electronic payment systems; user accessibility and problems using Nzema East Municipality as a case study. A sample size of 380 respondents was selected from individuals and business owners in the municipality. Convenience sampling technique was adopted by t...
ABSTRACT The study investigated the influence of corporate governance on firm performance using listed financial institutions on the Ghana Stock Exchange. The study also investigated the influence of board composition on firm performance. Ex-post factor research design was adopted for the study and purposive sampling was used in selecting sample for the study which comprises all financial institutions listed on Ghana Stock Exchange. The study revealed that there is a positive and significant ...
ABSTRACT Working capital management is a very sensitive area in the field of financial management. The working capital management of a firm in part affects its profitability. A firm is required to maintain a balance between liquidity and profitability while conducting its daily operations. The aim of this study is to investigate the effect of working capital management practices on financial performance of Small and Micro Enterprise in Sokoban Wood Village in Ashanti region. This objective wa...
ABSTRACT A well performing internal audit function is one of the strongest means to the promotion of the good corporate governance system in an organisation. The study was conducted to evaluate the extent to which the internal audit function is positioned to contribute towards one of the major objectives of achieving good corporate governance in the banking institutions in Tamale for accountability and service improvement. The respondents of the study were drawn from banking institutions in T...
ABSTRACT The study aims to assess the financial management practices of Ghana Health Service. The specific objectives were to evaluate the effect of budgeting on healthcare delivery, to identify the effect of financial accountability on healthcare delivery and also determine the effect of financial controls on healthcare delivery. The study adopted the survey design. A sample size of 69 out of the population of 223 staff in Akim Oda Government Hospital was used. The instrument used for data c...
ABSTRACT This study examines the effectiveness of internal audit in the Keta Municipal Education office. The objectives of the study were to examine the effectiveness of internal auditors in identifying non-compliance activities in the Keta Municipal Education office, determine the extent of management support for internal auditors in the Keta Municipal Education office, examine the independence of internal auditors in the Keta Municipal Education office, to determine whether the Keta Municip...
ABSTRACT Trends in businesses today have made it essential for almost all organizations to maintain an effective Internal Control System. The regulatory and institutional framework has improved considerably, yet still Banks in Ghana are facing some challenges as the world deals with one of the deepest financial crisis in the history of the planet. The effects of the global financial meltdown are gradually being felt by developing countries of which Ghana is not an exception. The stud...
ABSTRACT Since the mandatory adoption of International Financial Reporting Standard (IFRS) in 2007 in Ghana, there have been little empirical studies focusing on value relevance of financial data using return-model. This study focused on value relevance of earnings after IFRS adoption in ECObank Ghana Limited, UT Bank Limited, Societe Generale Bank, Standard Chartered Bank Ghana Limited, GCB Bank, Agricultural Development Bank, National Investment Bank and HFC Bank Limited. The study used on...
ABSTRACT Small and Medium-sized Enterprises constitute the majority of business ventures and significantly contribute to the employment and economic liberation of both developed and developing economies. Notwithstanding the huge contribution of SMEs to countries' economic development, they are faced with challenges of high tax rates, unfavourable tax policies that tend to affect their profits adversely and high tax compliance costs that accompany the filing of tax returns to revenue authorit...
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 ...