ABSTRACT
The collapse of two local banks namely Capital and Interfin which lead to NSSA losing out
significant volumes of money has probed a lot of questions to the entity’s major shareholders.
The most frequently asked question was whether management is giving adequate attention to
audit recommendations. This initiated the researcher to conduct a research to investigate the
impacts of management’s non-implementation of audit recommendations to risks. The study
prompted answers on sub-research questions of the research with the aim to highlight the reason
and effects of non-implementation of recommendations and highlight ways to get action on
recommendations. The study sample composed of directors, accounts clerks, accountants,
bookkeepers and administration staffs. Research instruments considered for the purposes of this
research are questionnaires which had 86% response rate and interviews which yielded 68%
response rate. Data accumulated was analysed and presented through graphs, tables and pie
charts and rational conclusions were drawn from this. Upon analysis of the accumulated data, the
results of the study audit recommendations are not being given adequate attention and because of
this the entity is at high overall business risk. The recommendations forwarded by the researcher
are envisaged to lead to effective implementation of recommendations at National Social
Security Authority.
SHUMBA, V (2021). Investigation into the impacts of management’s non-implementation of audit recommendations to risks: case of national social security authority (NSSA). Afribary. Retrieved from https://afribary.com/works/investigation-into-the-impacts-of-management-s-non-implementation-of-audit-recommendations-to-risks-case-of-national-social-security-authority-nssa
SHUMBA, VONAI "Investigation into the impacts of management’s non-implementation of audit recommendations to risks: case of national social security authority (NSSA)" Afribary. Afribary, 04 May. 2021, https://afribary.com/works/investigation-into-the-impacts-of-management-s-non-implementation-of-audit-recommendations-to-risks-case-of-national-social-security-authority-nssa. Accessed 26 Apr. 2024.
SHUMBA, VONAI . "Investigation into the impacts of management’s non-implementation of audit recommendations to risks: case of national social security authority (NSSA)". Afribary, Afribary, 04 May. 2021. Web. 26 Apr. 2024. < https://afribary.com/works/investigation-into-the-impacts-of-management-s-non-implementation-of-audit-recommendations-to-risks-case-of-national-social-security-authority-nssa >.
SHUMBA, VONAI . "Investigation into the impacts of management’s non-implementation of audit recommendations to risks: case of national social security authority (NSSA)" Afribary (2021). Accessed April 26, 2024. https://afribary.com/works/investigation-into-the-impacts-of-management-s-non-implementation-of-audit-recommendations-to-risks-case-of-national-social-security-authority-nssa