ABSTRACT This study sought to determine the impact of non-compliance on statutory obligations by employers to the financial performance of NSSA. In this study 20 employers, 10 inspectors and 3 Principal compliance inspectors and the Compliance Manager were used as research subjects. The researcher used questionnaires and interviews as research instruments. The study showed that the main causes of non-compliance by employers to their statutory obligations taking social security contributions t...
Abstract This research was carried out at Macro Construction a member of MCD Group of companies. The aim of the research was to investigate the cost management practices of the organization. The objectives of the study were to understand the organizational costing policy, Investigating the organizational policy implementation guidelines, to find out the capacity of personnel in policy implementation, to examine the challenges experienced in policy implementation, to find out which controls ...
Abstract The study is about an investigation of cost management practices at ZPC Kariba in Kariba. The study made an examination into the effectiveness of the measures as used at ZPC Kariba. This led to the researcher to analyse on the cost control measures. The researcher made use of case study design and questionnaires and interviews were used to gather data. The results showed that cost management practices were not reducing operational costs as anticipated due to various factors. However...
ABSTRACT The Zimbabwe newspaper industry has recently been suffering from financial challenges due to the economic crises and the rise in digital media. It is against this background that the study sought to investigate the impacts of digital media on financial performance of Newspaper Companies. Time series data for the period of January 2011 to December 2013 was regressed using a multi-regression technique the Ordinary Least Squares method (OLS). The e-views 4 software was adopted to make ...
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 paper examines the associations between diversity of board members and financial performance of State Owned Enterprises in Zimbabwe (SOEs). Three demographic characteristics of board members, gender, cultural/nationality, and age were used as the proxies for diversity. The study used a positivism philosophy was used and being anchored on the quantitative research design. A survey of 54 SOEs were sampled to include 114directors in the SOEs sector. This study found out that both ...
ABSTRACT The study investigated best practice of environmental accounting among companies currently operating in Chiadzwa Mutare specifically Marange Resources (Pvt) Ltd. Precisely, the study assessed the level of independence of tracking of costs impacting on the environment; level of efficiency and appropriateness of environmental costs and disclosure reporting.The study used research instruments such as primary data survey and secondary data elucidation. For this purpose, longitudinal con...
ABSTRACT The investigation of the challenges of implementing the RBIA in the ZNA was prompted by the growing calls for effective, efficient and economic utilisation of the finite audit resources to achieve the most impact in terms of IA service. The objectives of the study were to identify the key tenets of a RM framework, determine the role of IA within the risk management (RM) framework, determine the adequacy of the RM framework of the ZNA, identify areas of significant risk, and suggest ...
Abstract The Government of Zimbabwe launched the Zimbabwe Agenda for Sustainable Socio Economic Transformation in 2013.The government called upon all Ministries to mainstream Zim Asset into their sectors. The economic changes catch up with international and regional efforts to improve the education systems in ways that are relevant to pupils who in turn would drive economies. The improvements challenge the negative consequences of colonial education in Africa and Zimbabwe in particular. Thi...
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...