ABSTRACT Generally speaking, every investment decision contains a component of risk and a component of return. The relationship amongst risk and return exists as a risk-return trade off, by which it is implied that it is just conceivable to obtain higher returns by tolerating higher risk. This risk-return relationship is very key in investment assessment. Risk and Return are emphatically connected; an expansion in one is joined by an increment in the other. Hence this study assessed the ris...
ABSTRACT Small and medium-sized enterprises (SMEs) are regarded as the drivers of economic development across the world. Their reporting needs which were neglected for so long a time were finally given attention with the introduction of a simplified accounting standards (IFRS for SMEs). The introduction of this standalone accounting standards for SMEs was geared towards the objective of addressing SMEs financial reporting needs and improving the quality of their financial reporting. To this ...
ABSTRACT The main objective of this study will seek to investigate the effect of Accounting Software on financial Reporting Quality in delivering Financial Accounting information for making crucial organizational decisions by management. It also aims at assessing Accounting Software support to the production of Financial Statements in time, accurate recording transactions and also to ascertain the level at which accounting professionals in this field (utility) has adopted and applied inform...
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 service delivery; determine the extent to whi...
ABSTRACT The appalling financial management systems across all public organizations are the major setbacks influencing the economy. Ghana Integrated Financial Management Information System (GIFMIS) is an information system that monitors and summarizes financial information on financial transactions. This study sought to assess the implementation of GIFMIS on government financial operations in relation to the management of public funds in MMDAs and the vital role it plays on financial accounta...
ABSTRACT The main aim of this study is to investigate the effectiveness and efficiency of tax management using the Ghana Revenue Authority Asokwa office as a study area. The study was descriptive in nature and employed the quantitative method in data collection and analysis. The study population was Two Hundred (200) made up of the staff and management members of Ghana Revenue Authority (GRA) at the Asokwa office in Kumasi. The researcher also adopted the stratified random sampling to select...
ABSTRACT The performance and survival of any industry in a rapidly changing environment, among other factors, depends largely upon the internal control systems (ICS) put in place. Given the critical role that ICS play in every industry, the study sought to examine the effect of ICS on performance of companies in the Ghanaian insurance industry. The five variables of ICS developed by the Committee of Sponsoring Organisations (COSO) were used as independent variables whereas the dependent vari...
ABSTRACT With an upsurge of fraud in the current economic scenario experienced, fraud detection have received considerable attention from the investors, academic researchers, media, the financial community and regulators (Sharma & Panigrahi, 2012). This study therefore examines the factors that influence internal auditors‟ fraud detection capabilities in Ghana. To sample the respondents for the study, stratified random sampling technique was adopted and questionnaire was used to solicit in...
ABSTRACT This study investigated the level of financial literacy among business owners within the Kumasi Metropolitan Assembly. It also identified the factors affecting the level of financial literacy among small and medium businesses. Questionnaires were developed and administered to 100 selected business owners within the study area. Multiple Regression analysis was performed to test for the relationship between factors that affects people’s financial literacy. Results indicate that maj...
ABSTRACT The Attorney General (AG)‘s report on pre-university educational institutions for the years 2010 to 2014 indicates that there is increase in financial irregularities in secondary schools in Ghana. Hence, this study sought to establish the relationship between governance, financial controls, and financial irregularity in Senior High Schools in Ghana. The study employed correlational survey design. The study population consisted of 93 Senior High/ Technical Schools in the Eastern Reg...
Introduction This chapter talks about the background and the motivation for the study, the statement of the problem, purpose of the study(objectives), research questions, significance of the study, limitation and delimitations of the study and organization of the study.
ABSTRACT The purpose of this study was to examine the effectiveness of the internal audit in the MMDAs in the Ashanti Region. The motivation of the study was derived from the fact that, there has been an increased interest in the internal audit function in the MMDAs to enhance corporate governance. The data were collected through the use of questionnaire after the census sample had been employed. The study design was a quantitative survey. The study revealed that there is professional profici...
ABSTRACT The purpose of the study was to examine the VAT flat rate scheme for retail businesses in Cape Coast Metropolis. Specifically, the study focused on the VAT flat rate scheme on sales of retail products. Again, the study dealt with the level of VAT flat rate compliance by the retailers. The study further identified the major challenges faced by both the retailers and the service in the implementation and the administration of the scheme in the Cape Coast Metropolis. The descriptive su...
ABSTRACT The level of tax knowledge is a key indicator of the level of tax compliance, which also affects the amount of the tax revenues available to support government projects and programmes. In Ghana, the level of compliance among the self-employed is low according to the Institute of Statistical Social and Economic Research (ISSER) and the Ghana Revenue Authority (GRA). It is believed that the level of compliance among these selfemployed will be improved with tax education. This study see...
ABSTRACT Tax planning is increasingly becoming an area of interest to many organizations including banks due to the potential benefits that firms and shareholders could derive from it. The problem militating against tax planning is the agency cost and other non-tax costs associated with it. To mitigate the agency problem between shareholders and managers, shareholders rely on corporate governance mechanisms in ensuring ...