This study examines the impact of local government account auditing on the financial management and accountability of councils, with a focus on Egbedore Local Government, Osun State. Auditing serves as a critical tool for promoting transparency, ensuring compliance with financial regulations, and curbing resource mismanagement. However, local governments often face challenges such as inadequate audit funding, lack of skilled personnel, and political interference, which hinder effective financ...
Abstract The Kenyan economy is becoming more and more open with international trading constantly increasing and as a result Kenyan firms become moreexposed to foreign exchange rate fluctuations. The relative price changes affect the firms’ competitive market position, leading to changes in cash flows and ultimately, in firms value. While it was observed that firms use a variety of instruments to manage financial risks, it was not clear whether the full potential of these instruments is bei...
Abstract MPesa is a mobile phone based money transfer system in Kenya which grew at a blistering pace following its inception in 2007. Its adoption is country wide; both in the urban and rural areas. Mpesa enables the users to send money in electronic form, store money on a mobile phone in an electronic account and deposit or withdraw money in the form of hard currency at any of the Mpesa agents, pay bills and purchase goods and services. The purpose of the study was to identify socio-econom...
Abstract: The main objective of the study was to investigate the effect of credit management techniques and lending practices on financial performances of commercial banks operating in Bahir Dar City. To address the research objective, a total of 258 respondents who are working in areas of credit management and lending were purposively selected. This study used mixed research approach and explanatory research designs to establish relationships between credit management technique, lending pra...
Abstract: This study was conducted with the aim of analyzing the factors that influence loan repayment performance of borrowers in Demba-Gofa Woreda of Omo microfinance institution. A total of 330 respondents were involved in this study, of this 314 were borrowers and 16 were managers and credit officers. In order to give due emphasis for the generalization of the study the sample size was determined by using probability confidence method to draw representative samples. Primarily data were c...
The study examined the nexus between exchange rate volatility and financial performance of manufacturing companies in Nigeria between 2014-2023. Exchange rate volatility which is the independent variable was measured by exchange rate volatility, interest rate and inflation rate while financial performance was measured by return on asset, return on equity and net profit margin. The study adopted ex-post facto research design using five manufacturing companies as sample size. The secondary sour...
This study attempts to review the extant literature on financial inclusion, financial development innovation and monetary policy. It surveys literature between 2007 and 2015 and identifies key themes in this field of study, methodologies adopted, geographical distribution of the studies and synthesizes these to identify relevant gaps and direction for future research. The study makes very interesting finding. Common areas of study can be categorized as determinants, effects and evaluation of ...
Abstract Audits are essential because of the separation of ownership and control in modern economies. Shareholders or owners delegate resources to management to enhance their wealth under this arrangement. Therefore, they want the agents to provide authentic, precise, and impeccable reports. Therefore, the research evaluated the effect of auditor independence on the performance and the moderating effect of firm size on the relationship between auditor independence and the performance of depo...
Abstract Financial inclusion is a poverty reduction tool and many economies have taken it up as a national agenda. To meet the expected levels of financial inclusion, governments have worked with financial intermediaries to reach the expected target group; the unbanked poor. As per financial intermediation theory, the role of financial intermediaries is to reduce information asymmetry in the financial system. To enhance financial inclusion, many countries and financial institutions have embr...
Abstract Environmental sustainability has become a major pillar of today’s business activities. One of the accounting information goals is to help users predict the returns on their investments. The main purpose of the study was to determine the effects of quantity environmental reporting disclosure on the financial performance of manufacturing firms listed on the Nairobi Securities Exchange. This study employed a survey research design to select manufacturing companies listed on the NSE. ...
Abstract The purpose of this study was to look at the impact of credit risk management on the financial performance of a few Kenyan microfinance firms. The study's approach was a descriptive survey research design and a panel data analysis technique. The study comprised credit managers from all 52 Kenyan microfinance institutions registered in the Association of Microfinance Institutions in Kenya (AMFI) database. The study included all of the institutions that were targeted. The questionnair...
Abstract The financial performance of Savings and Credit Cooperative Organizations (SACCOs) in Kenya has been a major concern in recent years, as they play a critical role in promoting financial inclusion and economic development in the country. SACCOs in Kenya have been criticized for making poor expansion decisions, leading to losses and declining financial performance. Several studies have explored the effects of expansion decisions on the financial performance of SACCOs. However, these s...
Abstract Even though manufacturing firms in Kenya are of great value, there are inadequacies in financial performance. Kenyan Manufacturing firms are reporting losses, as evidenced by audit committee shortcomings and low earnings. The objective of the study was to determine the effect of audit committee effectiveness on the financial performance of manufacturing firms in Kenya. This study adopted a mixed research design with a target population of eight manufacturing firms listed at the Nair...
Abstract Evidence-based planning and budgeting within the health sector are essential in strengthening the health system building blocks. Decentralization has presented opportunities for collecting local and reliable data to facilitate evidence-based planning and budgeting. Despite the increasing availability of routine health information at all levels of the health system, its effective utilization among health managers in lower and middle-income countries remains inadequate. This study, th...
Abstract The study sought to examine the effect of Accounting Information and Communication control on the financial performance of Sacco’s in Kenya. The study employed a mixed research design targeting 175 Sacco’s with 875 respondents. A purposive sampling technique was used to select the CEOs, Finance Managers, Risk Managers, ICT Managers and Internal auditors. Data were collected by the use of both primary and secondary techniques. Primary data collection was using questionnaires, whi...