ABSTRACT This research focused on the effectiveness of VAT administration on revenue collection. The researcher observed during audit that revenue collected from VAT is continuously decreasing when the economy started to be unstable. VAT administration that was used when the economy was stable is still being used to the unstable economy and this has caused a lot of challenges in VAT administration. This has highly negatively affected revenue collection on VAT. Descriptive research design was...
ABSTRACT. This study focused on the impact of debt financing on the financial performance of SMEs. The study followed a descriptive research design using Statevice as a case study. Data was gathered through interviews and questionnaires from respondents which were selected through the purposive sampling technique. Analysis and presentation of data was done through the use of tables, pie charts and graphs. Results indicated that debt financing is associated with liquidity, agency cost, bankru...
ABSTRACT The Kingdom at Victoria Falls Hotel was suffering from adverse variances in its budgeted fixed and variable costs and EBITDA for the years between 2013 and 2015 in failure to meet the targets. These adverse budget variances were eroding the shareholders’ wealth. The existence and primary mandate for any business establishment is to maximize the shareholders’ wealth creation through adding value through effective and efficient use of the available scarce resources. Earlier schola...
ABSTRACT The researcher aimed at investigating on the effectiveness of cost control techniques on operational performance at Interfresh ltd (Mazoe Citrus Estate). The company has been associated with high repair and maintenance costs, wastage and spoilage cost, labour cost without a proportional increase in revenue and negative significant variance which arose time and again within the department thereby decreasing operational performance. This pointed out that cost control techniques emplo...
Abstract This research seeks to investigate the influence of tax knowledge on tax influence using Zimtile (Pvt) Ltd as a case study. Some researchers were of the view that tax knowledge has a significant positive influence on the tax compliance level of a company. However, others argued that there is a negative association between tax knowledge and tax compliance. Zimtile (Pvt) Limited failed to obtain a tax clearance certificate on time during the period between from 2014-2016. Therefore t...
ABSTRACT This study sought to analyze the implementation of risk based internal auditing by organizations in Zimbabwe, with particular reference to the National Railways of Zimbabwe. In this study the knowledge and opinions of NRZ managers and internal auditors was sought to establish how risk based internal auditing was being implemented. Attention was to be drawn on discovering whether the implementation was carried out correctly and if not, then make corrective recommendations. The resea...
ABSTRACT This study sought to analyze the effectiveness of risk based internal auditing in the Central Africa Building Society (CABS). Literature from different authors was reviewed to analyze and evaluate different insights on the risk based internal audit policy. Descriptive research design was used to assess the effectiveness of the risk based internal audit system. The researcher used stratified random sampling to determine the population and the sample size. A sample size of 20 responde...
ABSTRACT The objective of this study was to analyse the impact of funding gap on financial performance of SMEs in Zimbabwe focusing on Best Bake Foods (Pvt) Ltd as a case study within a period 2013-2015. The study was motivated by the deterioration of service provision, failure to pay outstanding bills and failing to maximise potential capacity which was caused by the funding gap. This has negatively impacted on the financial performance of the entity as shown in its financial statements. Th...
ABSTRACT Asset management is an area that is increasingly neglected by most central governments, the research investigates into the management of assets. The research was aimed at investigating the causes of poor asset management and to find ways of improving the management of assets. The quantitative descriptive case study was used as a methodology of research .The Ministry of Media, Information and Publicity was the targeted participant in this study. The collection of primary data was don...
ABSTRACT The research study sought to investigate on the factors leading to abnormal shrinkage percentages at branch and company level. A significant rise in the shrinkage percentages of OK Zimbabwe Limited especially the Bon Marche branches led to the initiation of the study. The main research objectives were to examine the drivers of shrinkage and to come up with strategies that may be employed to manage abnormal shrinkages. Accredited scholars and journals were used to gain explicit under...
Abstract The purpose of this study was to investigate the nature and extent of record keeping in microfinance institutions and its effects to their sustainability. The research was influenced by underperformance of microfinance industry as 60% of the industry were not operating profitably while 30 institutions were reportedly shut down operations in 2017. The main objective of this study was to identify the nature of record keeping by microfinance institutions. To achieve the objectives of t...
ABSTRACT Turbulent working environment, increased costs, poor revenue generation and low shareholder wealth, resulted in many organizations ceasing their operation. It is against this background that management of TelOne (Pvt) Ltd decided to restructure the company. For the period 2015 to 2017, the performance of the company was quite low despite its adjustments to governance structure, organizational configuration and strategic reorientation. Most of these strategies could not work as emplo...
ABSTRACT Zimbabwe introduced its first tax amnesty provision in October 2014 with the objective of cultivating a culture of voluntary compliance and widen the tax base. However such a provision has caused a decline in tax compliance levels of NMC clients despite the fact that the main objective was to improve taxpayer compliance. As a result, it was the objective of this study to investigate on the relationship between tax amnesty and tax compliance of SMEs in the Manicaland province. Mixed ...
ABSTRACT The core aim of the study was to analyse the funding policy of ICSAZ. The research has been carried out against the background of financial constraints, widening funding gap and decrease in revenue which led to decreasing profits and failure to raise required capital for desired capital projects. The research used both qualitative and quantitative research methods. To collect data from respondents the researcher used questionnaires and interviews. This was facilitated principally wi...
ABSTRACT Revenue generation is the nucleus and bedrock for sound local authority sustainability. Thus this research examines the impact of income generating systems and performance at Chiredzi Town council. This is because local authorities as the third tier of government and closest to the people need revenue to provide basic social services to the citizens. However it is unfortunate that Chiredzi Town Council is failing to generate the much needed revenue despite the fact that the local au...