ABSTRACT This study sough to investigate the assessment of parastatals funding, specified to the case study of National Museums and Monuments of Zimbabwe .The statement of the problem is that the company is facing financial problems as evidenced by recurring losses. This is as a result of continuous decline in government support in form of grants and poor performance of domestic revenue inflows against the background of rising recurrent expenditures which has been forecast to continue to cons...
ABSTRACT The research sought to investigate the funding operations of the Geological Survey Department, under Ministry of Mines and Mining Development. The study was motivated by the fact that the department has been experiencing an increasing operational funding deficit. There has been a trend of perpetual rise in costs while revenue has been decreasing between 2010 and 2013. The Geological Survey department is gradually losing capacity to generate new information. There has not been any fie...
Abstract This study investigated the effectiveness of budget benchmarks on the financial performance of local authorities, a case study of the Rural and Urban Local authorities in Zimbabwe. A hypothesis was developed to look at the relationship between budget benchmarking and financial performance. A descriptive research design was used in this research. The population of the study was 97 consisting of Directorate and senior officials from the Ministry of Local Government, Public Works and Na...
ABSTRACT This research investigates the effects of applying materiality under workload compression demands, on the quality of audited financial statements. Carrying out interviews and distributing questionnaires to the audit staff, research found that application of materiality under workload compression conditions is literal and audits are of lower quality when compared to audits performed under non-workload compression conditions. Evidence was also found indicating that workload compression...
BSTRACT Apart from their declared motives, related parties transactions (RPTs) can mask stakes related to the enrichment of one party at the expense of other parties that are not involved in the transaction. They may, thus, lead to the expropriation of minority shareholders, to the benefit of controlling shareholders, directors or administrators. These groups can make profits by selling to the firm (or buying from it), assets, goods or services, at prices higher (lower) than the market price....
ABSTRACT The general objective of this study was to establish the importance of Risk Based Internal Audit on the growth and sustainability of microfinance institutions. Literature from different authors was reviewed concerning objectives of the research project. Descriptive research design was used in this research, together with case study design and FMC Finance, Harare was used as a case study. The researcher used judgemental sampling to determine the population and sample size. The researc...
ABSTRACT Employing a dataset from multinational companies (MNCs) in Ghana, the study takes advantage of the ongoing issues concerning international transfer pricing as a platform to examine the impact of transfer pricing (TP) abuses on tax avoidance. The study again takes advantage of the new growing area of literature on earnings management (EM) to specifically examine the effect of earnings management on tax avoidance from the perspective of both financial non-financial MNCs. The study emp...
ABSTRACT This study was conducted aiming at understanding the emerging trends and factors determining export performances of livestock products in Tanzania for forty four years from 1970-2013, for meat and thirty years from 1985/86-1914/15 for hides and skins. Specifically the study examined the trend and performance of livestock products exports in Tanzania; to analyze factors that determine export of domestic animals products such as meat, skins and hides in Tanzania and identify the potent...
ABSTRACT The global demand for accountability has led to governments all over the world reforming their public sectors in order to comply with this global wave. When there is accountability in the public sector, the people to whom the accounts are rendered to will consider the institutions legitimate and will contribute their efforts for the overall success of the organizations. Despite the fact that there exist legislations for the ordinary citizens to hold public officials to account for th...
ABSTRACT Accountability and transparency have long remained an area of concern in public-private partnerships (PPP). In addition, there is a concern in the literature to examine accountability from a developing country’s perspective. This thesis responds to the call by drawing on the Shaoul et al’s (2012) governance-based reporting framework which has received little application in literature to examine the extent to which PPP delivers public accountability in water supply sector. The stu...
ABSTRACT The study examined the sustainability assurance practices of environmentally sensitive firms in Ghana. The study also explored firms’ preference for a sustainability assurance provider and the use of stakeholder panels in the assurance practice. A qualitative research approach was adopted for the study. The study employed interviews in collecting data from participants. Participants were drawn from environmentally sensitive firms in Ghana using the purposive sampling technique. The...
ABSTRACT This study examines the demand for tax disclosures from a psychosocial perspective. It draws on the concept of “stop and search”, heuristics and rational choice models to understand how tax officers form suspicion and demand disclosure from taxpayers. The study is an interpretive tax study, which views demand for taxation disclosure as an institutional, organizational and socio-cultural phenomenon. Data was purposively collected from senior tax officials and tax consultants and w...
ABSTRACT This study analyses IA effectiveness in State-Owned Enterprises in Ghana using the institutional and resource-based theories. The role of internal auditors has extended to ensuring value creation for their respective organisations. This has attracted the attention of both academicians and practitioners to assess the effectiveness of internal audit functions (IAFs) in achieving their objectives. However, there is no harmony among researchers about the antecedents of IA effectiveness. ...
ABSTRACT The purpose of the study is to assess the level of corporate environmental disclosures in the corporate annual reports of mining and manufacturing companies in Ghana and their environmental performance based on the industry. It further assesses the effect of environmental performance on environmental disclosures. Finally, the study evaluates the AKOBEN environmental performance rating tool as an evaluation tool. A content analysis of the corporate annual reports of 25 companies over ...
ABSTRACT The purpose of this study is to determine the roles of internal and external audits in corporate governance structure. This study was conducted in ten hotels in Ho, the Volta Regional Capital. In this research, the stratified sampling method was used in attaining the sample size by concentrating on the various units of the selected Hotels for the study. This enabled the researcher to highlight differences between groups in a population which ensured different views obtained on the su...