ABSTRACT This research was aimed at investigating the effects of plastic money on profitability of banks. A mixed research approach was used to describe the phenomenon as it naturally happens (descriptive design). The data was collected from CBZ Bank Limited with a target population of forty seven (47) personnel. A sample was used were thirty three questionnaires and seven interviews were administered to the population. The key result of the study indicated that increased use of plastic money...
ABSTRACT The Computerized Accounting System (C.A.S) is of extreme importance in providing the financial information for decision making purposes within the organization. The research is about the impact that a Partially Non-Integrated Computerized Accounting System causes on Financial Reporting in Local authorities. For the past years Chiredzi Town Council has been facing challenges due to the operation of Non-Integrated CAS. The Local Authority used three different accounting packages which ...
ABSTRACT The purpose of this research was to assess the effectiveness of the internal audit function at Fabco Pvt Lt. The questioning of the necessity of internal audit by the major shareholder and recurrent increased stock write-offs without adequate explanations by management probed the researcher to carry out the study. The study involved internal audit personnel, management and accounts staff. The study sample composed of three internal audit personnel, five managers and four accounts per...
Abstract Tax non-compliance is an area of concern for all government and tax authorities and it will continue to be an important issue that must be addressed. From a tax administration point of view the, the rapid development of SMEs in the economy signifies a rapid increase in the number of ‘hard to tax’ tax payers. The objective of this study was to evaluate if lack of tax knowledge was contributing to the high levels of tax non-compliance amongst SMEs in Zimbabwe. To achieve this, a qu...
ABSTRACT The Zimbabwe Revenue Authority has been suffering from fraud and corruption challenges due to inadequate controls, discretional interface, lack of accountability and the network of accomplices. It is against this background that the study seeks to investigate the impact of fraud and corruption on the effectiveness of custom duties collection with specific emphasis on the relationship between fraud and revenue .The objectives of this study were to identify the causes of fraud and corr...
ABSTRACT The research seeks to assess the road fund policy used by ZINARA a case of Ministry of Transport and Infrastructural Development This was motivated by the fact that ZINARA is failing to receive enough revenue to meet its operations and obligations. In literature different sources reviewed different policies used in funding the maintenance and rehabilitation of roads. The best practices in road funding that can be implemented were also reviewed. A descriptive research design and strat...
ABSTRACT The study was carried out to analyse the effectiveness of cost cutting measures and problems hindering their effectiveness at The Victoria Falls Hotel. The need for the research emanated from the hotel increasing costs in the past years, there been variances between projected capital and operational costs and the actual costs. The research method used was a case study and questionnaires and interviews were used as primary data gathering instruments and financial statements were used ...
ABSTRACT The study sought to investigate the impact of adopting International Public Sector accounting Standards on financial reporting at Tsholotsho District Hospital. In this study fourteen staff members were used as the research subjects. Questionnaires and interviews were used as research instruments. A descriptive research method was used. The sample size was composed of three members of top management, four members of middle management, five accounting staff and two administrative staff...
Abstract This research sought to unearth the role of financing in the sudden downturn in the operational cycle of Cool Ice Private Limited and its overall effect on SMEs’ viability in the manufacturing sector of Jaggers, Msasa, Harare Industrial Area. Literature was reviewed on the views of different writers on SME financing and linked to the Case study. The literature cited high borrowing costs, lack of collateral and high risk profile as the major constraints on SMEs financing. Various ef...
ABSTRACT The purpose of this study is to examine the link between the international accounting standards and the quality of financial reporting by the Zimbabwe National Statistical Agency. The study used quantitative methodology with self-administered questionnaires to obtain data from employees of the Zimbabwe National Statistical Agency. Structured interviews were also used to determine the relationship between international accounting standards and the quality of financial reporting. Limit...
ABSTRACT The research study was an evaluation of financial literacy’s impact on business performance, the Zimbabwean SMEs experience. The study was based on a survey of SME businesses across Zimbabwe who were reached for responses through structured questionnaires and interviews. The researcher used both primary and secondary data sources from a sample of 300 respondents. The sample was chosen from various value chain players across industries dominating the Zimbabwean SME landscape. The da...
ABSTRACT This study sought to analyze cost control measures and their impact on profitability of manufacturing companies. An increase in cost (operational and production costs) which added to reduced profitability in the manufacturing sector produced the need to address the problem through this research. The study was limited to cost control in manufacturing industry and as such it did not extend to other sectors of the economy. It was based on the assumption that all the responses from the c...
ABSTRACT The main objective of this project was to determine the impact of diversification on financial performance, so as toenhance the effective implementation of the diversification strategy. The central issue that gave rise to this research is the increased attention and growing popularity of diversification among Zimbabwean companies. This study adopted the descriptive research methodology to answer the research questions which were both qualitative and quantitative in nature. Both prima...
Abstract The main thrust of the study was to carry an analysis of e-banking as a costs reduction measure at CABS. The focus was on the analysis of the effectiveness of the e-banking model at CABS. A research was prompted as many authors castigated that e-banking present banks with a perfect opportunity to reduce costs and maximize profits but after having introduced e-banking at CABS costs did not reduce thereby creating a basis for researching into the reasons why. Empirical evidence was gat...
ABSTRACT There was an outcry in the past three years over the salaries that State Enterprises and Parastatals bosses were awarding themselves yet service delivery has been lacking. This was termed the “Salarygate” by the media and saw a number of executives being relieved of their duties. The government moved in and set a top salary cap of $6,000 for all heads of SEPs, including benefits. Albeit all the efforts by the government, the Executives continued to receive huge salaries against p...