ABSTRACT The study was to examine the knowledge and utilization of e-banking facilities in Kaaseman Rural Bank in Ghana. The study used a quantitative and descriptive design of which customers and management of Kaaseman Rural Bank were targeted. Two hundred and eighty respondents were chosen with the aid of simple random sampling technique for selecting the customers while purposive sampling was used to select the managers of the four branches of Kaaseman Rural Bank. Questionnaire was the mai...
ABSTRACT Scholars argue that the low performance of SMEs partly results from their inability to keep proper accounting records. Yet, extant literature addressing the effect of accounting record keeping on the performance of SMEs in the Ghanaiancontext is scanty. To bridge this gap, the present study sought to assess the effect of accounting record keeping on the performance of SMEs in the Cape Coast Metropolis. The study employed the quantitative research approach, descriptiveexplanatory rese...
ABSTRACT Corporate governance, as an antidote to corruption, has received significant public and regulators attention in today’s global world and the internal audit has been identified as the most effective control mechanism to ensure good corporate governance in the public sector. This study, therefore, investigated into the effectiveness of the internal audit units in the public sector in promoting good corporate governance. It reviewed history of internal audit, corporate governance, int...
ABSTRACT The current economic trends have made it important for all institutions; both private and public to maintain effective internal control systems. Internal control has attracted intense debate and attention across industries in accounting and auditing literature over the past decades. The regulatory and institutional framework has improved significantly over the years yet still the Tema Development Corporation (TDC) in particular is faced with lots of challenges. It is against this bac...
ABSTRACT Credit creation process exposes banks to high default risk which could lead to financial distress including bankruptcy. The objective of the study is to identify the key determinants of credit risk faced by the banks in Ghana and to assess its impact on their financial performance in terms of profitability. The study is based on data from seven banks operating in Ghana for a 15-year period ranging 2001 to 2015. The study showed an inverse relationship between capital adequacy and cre...
ABSTRACT Knowledge and utilisation of e-banking facilities by customers of financial institutions have attracted increasing attention in both the developed and developing world due to importance of e-banking in influencing faster business activities. This study examined the knowledge and utilisation of ebanking facilities in 3 branches of the National Investment Bank, Central Region of Ghana. The branches are Cape ...
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 (Oberho...
ABSTRACT The evolution of accounting theory has led to the development of ways to improve corporate reporting with the aim to make corporate reports more transparent and user friendly to all stakeholders. The main objective of the study was to determine the development of Integrated Reporting (IR) in Ghana, among practicing accountants. The study adopted the qualitative research approac...
ABSTRACT Merger is where two or more companies decide to combine their activities and to organize a common control of the assets. This study focused on investigating whether mergers are viable options for raising capital for banks to finance their operations, improve their performance and expand their capacity into new areas. The main objective of this study is to assess merger as a financing option to develop the Rural and Communit...
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 metho...
ABSTRACT The study sought to assess the role of auditors in fraud detection and prevention focussing on Mutual Fund in the Kumasi Metropolis (MFs-K). The study, specifically, sought to achieve the following objectives, to identify the factors that cause fraud in the Mutual Funds, to determine the role of external and internal auditors in fraud detection and prevention in the Mutual Funds and to examine how auditors can detect and prevent fraud. Data was collected from respondents with a wel...
ABSTRACT Public financial management concerns the efficiency and effectiveness of the use of public resources based on approved budgets. The purpose of this study was to assess the influence of public financial management and service delivery at the local government level using Ejura Sekyedumase Municipal Assembly in the Ashanti region of Ghana as a case. The specific objectives were to establish the relationship between policy based budgeting and servic...
Abstract Cash is the most valuable and liquid asset to Deposit Money Banks used to earn profit by issuing out loans facilities to customers. Misuse of cash holding by majority shareholders led to deterioration in the financial performance of the Deposit Money Banks in Nigeria. This study assesses the impact of equity investor protection on the financial performance of Deposit Money Banks in Nigeria. The data for the study was extracted from annual reports and accounts of six sampled Deposit M...
ABSTRACTEffective corporate governance practices in an organization guaranteed that its resources are managed in a manner that will lead to a better performance. The management of working capital is such a resource that effective corporate governance has an effect since when a business does not manage its liquidity well; it will have cash shortages and as a result experience problems paying its obligations when they fall due. Towards this end, the research pursued to examines the impact of Co...
ABSTRACT The study examines the impact of financial performance on the executive compensation of listed firms in the Nigerian banking and construction industries using ex-post facto research design.10 years data were extracted from the annual reports and accounts of 8 banks and 7 construction firms. The data collected were analysed using descriptive statistics and regression analysis. The study found no significant link between financial performance and executive compensation of banks...