ABSTRACT Over the years, through the Institute of Certified Public Accountants of Kenya, practitioners have championed the adoption of Public sector accounting standard (IPSAS) in Kenya. However, much of this took place in boardrooms, conferences and seminars. It was not until 2014 when treasury, the auditor general and Ernest and Young teamed up to steer the IPSAS adoption in the central government, that the implementation actually commenced. This research assessed the impact of implementat...
ABSTRACT Estimates reveal that 1.2 billion (17%) of the world population is youth aged 15 to 24 years who constitute 40% of the world’s unemployed. While the developed world has some strategies to cushion youth against unemployment, the developing and underdeveloped world are struggling with this phenomenon. Approximately 36% of Kenya’s population are youths who remain marginalised and unable to contribute to their full potential in national development. Whereas numerous studies have bee...
ABSTRACT The past recent years have seen changes in the Kenyan economy and commercial banks have not been spared from the impact of these changes which includes: interest rate capping; increasing competition from financial technology companies and increased Consumer expectations as well as political interference. These challenges possess financial pressure to the bank hence losses and create risk to Kenya’s financial stability if allowed to persist in the long term. Majority of commercial ...
ABSTRACT The East African Community member states face challenges in mobilizing tax revenues to the required level which is suitable for economic growth enhancement and attaining fiscal sustainability. Tax reforms have been implemented in the region with the main objective of mobilizing more tax revenues. However, the tax revenue collections have been inadequate leading to persistent budget deficits which shows the inability of the tax system to generate sufficient revenues to finance public...
ABSTRACT This study examines micro entrepreneurial environment and profitability of micro small bar ventures in beverage industry in Kasarani Sub-county Nairobi Kenya. The study was motivated by the rapid changes that threaten to destabilize the industry if not checked. Further, the regulations in the beverage industry particularly in bar ventures have had a myriad of effects eminent among them being that which affect the operations of small bar ventures either directly or indirectly thus pu...
ABSTRACT The main mission of Kamiti Maximum prison is to rehabilitate its inmates in order to make good citizens once they are out of the facility. Contraband on the other hand finds their way into the prison via different means hence posing a great challenge to the process of rehabilitation. The aim of this study therefore was to find out how the contraband are smuggled into prison, why inmates use contraband and to examine the effect of contraband on inmates‟ rehabilitation. This qualita...
ABSTRACT The study sought to determine the relationship between mortgage financing and profitability of commercial banks in Kenya. Lending is one of the main activities of banks in Kenya and other parts of the world. Mortgage loans have become an important aspect of loan portfolio among commercial banks in Kenya, earning commercial banks‟ profits like other type of loans. Profitability, it is always associated with performance and productivity. Mortgage financing over the years has been a ...
ABSTRACT There have been numerous complaints by scholars, researchers, professionals and consultants that CDF projects are not performing. The speed at which the government deals with the grey areas of CDF funded projects management will determine the realization of the Kenya Vision 2030 whose main objective is to transform Kenya’s economy through the well-intended devolved CDF fund projects. Devolution of resources to the decentralized government is a national Government move. The issue i...
ABSTRACT Mobile banking is an administration given by commercial organizations in participation with cell phone administrators. Mobile banking is evolving as the new front on which banks can differentiate their service delivery as a form of financial innovations. Hence financial innovations have been largely adopted by local banks to enhance profitability. More and more banks are strategically launching newer and newer mobile banking platforms. At the same time, improved financial performanc...
ABSTRACT Small and Medium Enterprises play an important role towards economic growth and development in Kenya at large. Studies have indicated that there is a relationship between firm characteristics such as profitability, asset structure, firm size, age and capital structure of small enterprises. However, iinconsistencies have partly been traced on methodological issues majorly differences in measurement of variables and study designs. In addition, there is limited evidence on their capita...
ABSTRACT It is increasingly becoming difficult to sideline work life balance and the quality of services given by employees. Technological advancement coupled with new information, the inevitability of prompt response, the value attached to satisfactory customer service and its implications on employee commitment and availability, all require time and can be a source of pressure and conflict on employee and as a result the demands of work place begin to be dominant in life and a situation of...
Abstract The use of performance contracts has been acclaimed as an effective and promising means of improving the performance of public enterprises as well as government departments. The public sector in Kenya is faced with the challenge of poor and declining performance, which inhibits realization of sustainable economic growth. The Public sector had consistently fallen below expectations. A review of literature shows that several studies on performance contract have been carried out. Kobia...
ABSTRACT For many years now, boys have dominated many spheres of life including education. However, in recent past, girls have started outshining boys particularly in education. To be specific, between the years 2010 and 2013, girls have performed better than boys in Kenya Certificate of Secondary Education by a significant margin of 1.2% in schools in Changamwe Sub County. The study sought to determine the Influence of Guidance and Counseling services provided to boys at school on boys’ a...
ABSTRACT In Kenya the phenomenon of street children is a major human developmental problem. Government institutions such as the directorate of children's services in the ministry of gender and social services have been involved with programs targeting the street children. Undugu society, a Non - governmental organization established by Arnold in 1973 is arguably the most well established institution that Endeavors to address the plight of street children through non formal education and trai...
ABSTRACT Financial management deals with how to get and utilise the funds in a business in a judicial manner in order for the business enterprise to be profitable. This means proper and efficient use of current assets and it’s an integral part in decision making when a business enterprise or organisation decide on what kind of investment to deal with so that profit will be realised. Financial management practices are the way of doing things in dealing with finance in a business enterprise ...