ABSTRACT The study‟s intention was to investigate how financial management practices were impacting the operational performance of Elephant Lodge Private Limited. It looked at the overall financial management practices in the Small to Medium Size Enterprises (SME) sector but focusing on Elephant Lodge. The study‟s statement of the problem revealed that, the decrease in revenue and escalation of operating expenses resulting in losses in the entity is a cause for concern since it has crippl...
ABSTRACT The researcher investigated on why learners do not register for examinations in Principles of Accounts at Ordinary Level in Watershed Cluster in Marondera District. The background of the study highlighted a decline in the enrolment figures in Principles of Accounts and this prompted the researcher to investigate on the factors that influence learners not to register for examinations in Principles of Accounts. The researchers‟ hope is that the study will be of significance to variou...
ABSTRACT This research was prompted by the researcher’s observations and experience during his time at United Builders Merchants. The research was centred at investigating the payroll policies and its effects on the financial performance, a case study of UBM. The problem over emphasis on the outward looking on payroll policies and services the employees receive from the entity for the determination of their salaries and wages in relation to their production capacities. The focus was on the ...
Abstract Total Debtors increased from $462 409.67 to $536 009.80 which is an increase of 13.73% between the years 2012-2013 and also increased from $536 009.80 to $633 009.98 which translates to an increase of 15.3% between 2013-2014. Some debtor balances remained unchanged because services are no longer being offered to them since they failed to pay anything in 2012 thus there was no movement in their accounts up to end of 2014. This raised an alarm about the debt collection policy. This has...
ABSTRACT The aim of this study was to investigate the responsiveness by insurance companies to regulations affecting their financial performance. More specifically the study sought to investigate the effect of profitability, capital adequacy, return on assets, capital requirements and non- financial factors on the financial performance of insurance entities. Primary data was used in this study, where a census survey was preferred as the population of the study was small. A likert scale questi...
ABSTRACT The research project was carried out to investigate on the appropriateness of the prevailing presumptive tax rates levied on informal sector as some informal firms are not paying presumptive tax. The researcher was enticed to study the prevailing presumptive tax rates as presumptive tax head has been under-performing which results in ZIMRA missing the presumptive tax target for the past five years except in 2014. Results of the study revealed out that the presumptive tax rates levied...
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...