ABSTRACT Internal auditing plays a significant role in the management of most modern organizations. In the public sector of Ghana, internal auditing is meant to drive greater efficiency and help in the delivery of public services. Metropolitan, Municipal and District Assemblies (MMDAs) have Internal Audit Units (IAU) as independent appraisal functions to examine and evaluate their financial and operational activities. Despite the potential roles of IAUs in MMDAs, the 2013 Auditor General re...
ABSTRACT Dissatisfaction with appraisal performance systems abounds and systems are often viewed by employees as inaccurate and unfair. The study was to assess staff perception of Cal Bank performance appraisal system for improved performance. The study adopted a cross sectional descriptive survey on the employees of the bank. The lottery method of the simple random sampling technique was employed in selecting one out of four corridors of the Bank’s operational areas. Using questionnaires...
ABSTRACT Proper financial management is essential for business survival because firm’s inability to identify and implement relevant financial management practices can affect its performance. This study examines financial management practices and their relationship with performance of small and medium enterprises (SMEs) in the Sekondi-Takoradi Metropolis. The financial management practices covered financial records keeping, asset management, receivables management, cash management, inventor...
ABSTRACT Rural banks play enormous role in ensuring socio-economic development in Ghana. However, it is argued that rural banks have been facing some challenges that affect their sustainability. This study examined the sustainability of the Atwima Kwanwoma Rural Bank Limited, the Bosomtwe Rural Bank Limited and the Awabiagya Rural Bank Limited. The cross-sectional survey was used where questionnaires were designed to collect data. The selections of the respondents were done using the snow bal...
ABSTRACT Several studies have explored the impact of macroeconomic variables on economic growth. Such works have often established a significant relationship between these variables (Agyapong et‟al, 2016; Mensah and Okyere, 2015; Agalega and Antwi, 2013; Khan and Senhadji, 2011; Hausmann et‟al, 2005). The main purpose of this study is to find the effect of exchange rate, inflation, and interest rate on economic growth in Ghana. The general objective of the study is to determine if these t...
The aim of the study is to appraise the role of internal audit in the management of fraud with special emphasis on Zenith Bank Plc. The main objective of this study is to ascertain the role played by internal audit in the management of fraud. The specific objectives include; (1) to examine the role of internal audit in the detection of fraud, (2) to examine the role of internal audit in theprevention of fraud and (3) to examine the role of internal audit in the control of fraud. Thestudyused...
ABSTRACT Before the adoption of IFRS among firms, every country had its own reporting accounting standards which brought about challenges when it comes to comparing financial statements from different countries. The move of business into the global economy has brought a lot of difficulties in comparability, reliability and objectivity; this has therefore increased the need to move accounting standards into globalization. The study was conducted to know whether companies listed on Ghana stock ...
ABSTRACT Mobile money in recent times has become very essential in transferring money/carrying out a business. The introduction of Bank to Wallet transfers and mobile interoperability has enlarged the mobile money market. The purpose of the study is to find out how mobile money influences the growth of small and medium scale enterprises. Qualitative data was used to examine these questions: What is the level of adoption of Mobile Money by Small and Medium Scale Enterprises? What is the ration...
TABLE OF CONTENT Title page…………………………………………………………………...i Certification………………………………………………………………..ii Approval page……………………………………………………………..iii Dedication…………………………………………………………………iv Acknowledgement…………………………………………………………..v Table of Contents…………………�...
ABSTRACT This study examines the auditee’s perspective on internal audit; tension and challenges of Adentan Municipal Assembly in delivering institutional efficiency and effectiveness. The study adopts the qualitative research approach and a case study design was used to collect data. The respondents are purposefully sampled. Interviews was used for data collection and data gathering. The data collected was examined using thematic and content analysis method. The findings of the study sho...
ABSTRACT Managerial decision making requires quality, relevant, reliable and accurate accounting information. Accounting information plays a decision-facilitating role since it possesses value relevance capabilities to enhance decision making. Through the use of accounting information, managers are enabled to ascertain the meaning and significance of day-to-day activities of an entity. In this regard, the aim of this study is to examine the perceptions of managers on the usefulness of ac...
ABSTRACT The study aimed generally to determine the scope of financial literacy and personal financing by people in the Cape Coast Metropolis. Under subscription of questionnaires led to 436 respondents from the cluster sampling method being used in the analysis. This allowed the determination of the various components and factors of financial literacy and personal finance. Factor analysis determined which indicators from various scenarios responded to, described the relationship between fin...
ABSTRACT The study investigates the relationship between exchange rate volatility and economic growth in Ghana using quarterly data from 1990 to 2012, by means of the Autoregressive Distributed Lag (ARDL) approach and the Granger causality test. The study found a unique cointegrating relationship between economic growth and exchange rate volatility. The regression results show that exchange rate volatility exerts negative and statistically significant effects on economic growth both in the ...
ABSTRACT The idea that the self-employed have high income tax non-compliance behaviour is longstanding in tax compliance literature. Inappropriate application of tax enforcement strategies has been identified as one of the principal reasons for the high incidence of income tax non-compliance among the self-employed. Determining which regulatory enforcement strategy will be most effective has been a difficult task for tax authorities. There has been a longstanding debate between those who bel...
ABSTRACT Customers buy goods and services for value and utility (quality and satisfaction). Ghana Water Company Limited (GWCL) as a utility company is mandated to provide portable or quality water for human consumption in the urban areas of Ghana but it had been criticized over time for poor services. This study was therefore undertaken for the purpose of examining the relationship between service quality and customer satisfaction of GWCL in the Accra Metropolis. The design for the study was...