ABSTRACT The central point of this research is to investigate the efficiency of internal audit in risk management. Mutare City Council was used as the case in this research. This was necessitated by the fact that the council has been a victim of corrupt tendencies and theft, operational costs have increased and service delivery has declined leading to ratepayer dissatisfaction. The researcher in trying to come up with relevant information made a critical review on the relevant literature...
ABSTRACT Despite the reforms implemented to minimise non-compliance tourism, operators continue to be non-compliant in submitting levy due. Non-compliance reduces levy collected by Zimbabwe Tourism Authority (ZTA) and has thus created a gap between levy collected and the actual levy owed. The study looked at the strengths and weaknesses in the current system, reasons for non-compliance and the ways used by operators to evade levy payments and it sought to provide strategies that could be used...
ABSTRACT This paper analysis the Effects of the Audit Committees on the performance of State-Owned Enterprises in Zimbabwe (2011-2015). We examine the role of the audit committee in their oversight in the performances of the SOEs. This study examines whether the quality of the audit committee, captured by its independence, expertise, and diligence, is associated with improved SOEs performance. Using a sample of internal Audit Functions of 17 SOEs out of the 78 SOEs in Zimbabwe the study found...
Abstract This research is an investigation of the relationship between corporate governance and financial performance at Air Zimbabwe. The objectives of this research were to investigate the extent to which Air Zimbabwe has been implementing corporate governance principles and whether a relationship exists between corporate governance and financial performance. Literature reviewed corporate governance fundamental theories such as agency, resource dependency and stewardship to portray how corp...
ABSTRACT This research study is designed to make a sound investigation into the use of prepaid meters by Zimbabwe Electricity Transmission and Distribution Company as a revenue management tool. The nature of the research aimed in identifying and evaluating the revenue management policy of the company in place, the implementation guidelines and personnel capabilities, challenges being faced in the revenue management, controls that have been put in place over revenue management and coming up wi...
ABSTRACT The aim of this research was to investigate into causes of budget overruns in execution of audit assignments and to make relevant suggestions to mitigate them. Questionnaries and interviews were used as data collection instruments necessary for collection of data. Primary and Secondary sources were both used to obtain data. The Secondary sources used by the researcher included the use of text books, internet sources and Journals. The use of literature as well as the findings obt...
ABSTRACT This research was undertaken to investigate the impact of funding shortages on the operations using the case study of African Sun Ltd. The background to the study, research problems and objectives were identified which included the identification of possible sources of funding, determining the existence of a funding policy at African Sun Ltd and determining the best funding practices possible. Funding related literature was reviewed with major authors Dzirutwe (2015) asserting that t...
ABSTRACT This study was carried out to assess the effects of the existence of the funding gap in service provision at National Museums and Monuments of Zimbabwe (NMMZ). The statement of the problem entails that measured service delivery at NMMZ has been greatly undermined due to the progressive reduction in government grant to support NMMZ operations. Factors such as high labour turnover, lack of maintenance of key museum equipment and infrastructure and the NMMZ current revenue collecti...
Abstract The study aims to demonstrate the role of internal audit as a pillar of support for management in enterprise wide risk management . The performance of an internal audit department must function in a manner that is in accordance with applicable professional standards such as Standards for the Professional Practice of Internal Auditing (SPPIA, 2009) and the quality of the internal control systems. The involvement of internal audit in risk management has gained wide attention in the ye...
ABSTRACT The study sought to investigate the impact of funding gap on performance of Simukai Child Protection Programme. It is aligned with the background that funding gap has a significant influence on the corporate performance of NGOs focusing on Simukai Child Protection Programme since it incorporates expenditures as well efficiency and effectiveness of operating activities. The study’s statement of the problem revealed that lack of funds is a cause for concern that has resulted in ...
ABSTRACT The accounting information system (AIS) is of utmost important in providing the financial information for decision making purposes within the organisation. The research explores on the risks of using new integrated (AIS) and the effect of operating non- integrated accounting information systems. For the past years the ZIMSTAT has been facing challenges due to the operation of non- integrated (AIS), various departments operated stand- alone systems divorced from each other. The o...
ABSTRACT The research was conducted to identify whether Alternative Performance Measures (Non-IFRS Measures) could be used by external stakeholders to compare financial performance of corporate entities listed on the Zimbabwe Stock Exchange. The research was triggered by the prevalence of these additional measures of performance, which were deemed to be marring and driving away focus from the traditional financial information: the IFRS-complaint financial statements. It was perceived that the...
ABSTRACT The purpose of this study was to assess the effect of Integrated Reporting on company performance in the banking sector in Zimbabwe with CBZ, ZB and NMB as the cases of study. While Integrated reporting is the way of reporting being adopted by many companies since its inception by the Integrated Reporting Council in 2011, the link between the its adoption and the improvement of the performance of banks that adopted it still remains a grey area. Indeed many studies have predominantly ...
ABSTRACT The research was used for the analysis and the impact of purchasing and supply strategies implemented by Parracombe packaging and its effect on the financial performance of the firm.The tremendous decline in revenue, cash flow movements, the reduced financial performance and the financial position of the firm made a way for a research to be undertaken. The researcher was conducted with reference to literature that was already done. Closed ended questionnaires and interviews were used...
ABSTRACT This research study was triggered by the researcher’s experiences during Work Related Learning at Bulawayo City Council. The researcher observed that although information technology was making business easier for Bulawayo City Council, the impact of information technology on Bulawayo City Council’s audit department was not being addressed. The research made an in-depth review of the literature related to the impact of information technology on internal audit.This review aimed at ...