ABSTRACT The aim of this study was to establish the effect of non-performing loans on profitability of four of the major banks listed on the Ghana Stock Exchange (GSE) as this could enhance profitability in banks and consequently contribute to a healthy financial system. Panel regression analysis was employed to establish the relationship between credit risk and profitability in order to account for heterogeneity among selected banks; Agriculture Development Bank (ADB), EcoBank Ghana (EBG), ...
ABSTRACT This study sought to investigate the use of financial information in management decision making processes by SMEs in the Kumasi Metropolis. This study examines the existing literature to find the contribution of financial information in making organisational and managerial decisions. The literature review suggests that the use of financial information in decision making depends on the owners’ attitude and their level of financial literacy skills. A qualitative approach was ...
ABSTRACT The study examines the effect of audit committee characteristics on risk disclosure in annual reports of listed firms in Ghana for the period 2003 - 2015. Using a sample of 30 listed firms, content analysis technique was employed to compute risk disclosure indexes for quantity and quality of risk disclosure while regression analysis was conducted to examine the effect of audit committee characteristics on risk disclosure. It was found that on average listed firms in Ghana disclo...
ABSTRACT The study of credit risk has become even more important in the wake of the recent near bankruptcy of two indigenous banks (UT Bank and Capital Bank), more especially among Credit Cooperatives where studies are limit in Ghana. A Credit Cooperative is a financial institution that is owned and controlled by its members and operated for the purposes of promoting thrift, providing credit at low interest rates and providing other financial services to its members. The primary objecti...
ABSTRACT Generally speaking, every investment decision contains a component of risk and a component of return. The relationship amongst risk and return exists as a risk-return trade off, by which it is implied that it is just conceivable to obtain higher returns by tolerating higher risk. This risk-return relationship is very key in investment assessment. Risk and Return are emphatically connected; an expansion in one is joined by an increment in the other. Hence this study assessed the ris...
ABSTRACT The study provides a comprehensive discussion on credit ration of Small and Medium Enterprises (SMEs), its effect on the growth of SMEs and subsequent effect on employment in Ghana. Access to finance has been noted as one of the major challenges upending the survival and growth of the SMEs sector in Ghana. The problems of access to finance, gaps and the reasons for the gaps in SMEs financing in Ghana are discussed. Gaps in SMEs financing were discussed in relation to credit ra...
ABSTRACT Effective corporate Governance practices requires appropriate internal audit practices to enhance efficiency. The main purpose of this study was to ascertain the practices of internal audit and corporate governance at Ghana Water Company Limited at the Central Region in the Cape Coast Metropolis. The specific objectives were: identify the Internal Audit practices in Ghana Water Company Limited, assess the corporate governance framework of Ghana Water Company Limited, assess the role...
ABSTRACT This study aimed at examining professional accountants' perceptions of ethical issues, causes of unethical behaviour and ethics education using professional accountants in Kumasi as case study. The objectives of the study were to: examine the incidence, prevalence and forms of unethical behaviors among accounting professionals, examine the extent of accountants‟ professional behavior and the cause of unethical behaviors, examine the ethical orientation of professional accountants...
ABSTRACT The study sought to assess the internal control practices in areas of responsibilities of internal control setting, implementation and monitoring at St. Dominic Hospital (SDH). Good internal control practices positions an organization on high performance and boost the trust of both internal and external clients. St. Dominic Hospital is the biggest institution of Christian Health Association of Ghana (CHAG) and therefore selected for this study. The methodology employed in the study...
ABSTRACT Small and medium-sized enterprises (SMEs) are regarded as the drivers of economic development across the world. Their reporting needs which were neglected for so long a time were finally given attention with the introduction of a simplified accounting standards (IFRS for SMEs). The introduction of this standalone accounting standards for SMEs was geared towards the objective of addressing SMEs financial reporting needs and improving the quality of their financial reporting. To this ...
ABSTRACT The main objective of this study will seek to investigate the effect of Accounting Software on financial Reporting Quality in delivering Financial Accounting information for making crucial organizational decisions by management. It also aims at assessing Accounting Software support to the production of Financial Statements in time, accurate recording transactions and also to ascertain the level at which accounting professionals in this field (utility) has adopted and applied inform...
ABSTRACT Taxation is the major source of revenue to support the execution of government developmental projects. In Ghana, one major sector where more taxes could have collected is the Small and Medium Scale Enterprises (SMEs) of the informal sector. The sector contributes about 80% to the employment in the country (Ghana living Standard Survey - GLSS, 2010); but, its contribution in terms of tax revenue, relative to its size, is just a drop in the national coffers. The research, therefore, ...
ABSTRACT The relevance of keeping proper books of accounts and sound accounting practices has been emphasized in achieving proper financial management in Small and Medium Scale Enterprises. In this study, we investigate the recording of proper books of account by SMEs in Kumasi (Ghana) through information based on responses to a close- ended questionnaire from 90 SMEs in Kumasi. We report that majority of SMEs’ owners were academic inclined, and also had at least an average level of accoun...
ABSTRACT The role of SMEs in the development of any nation cannot be overemphasised. Yet their growth into bigger firms is often beset with many challenges. This study sought to examine the perception of business owners about the effect of bookkeeping on the growth of small and medium-scale enterprises (SMEs) in the Cape Coast Metropolis. The study employed the quantitative research method and survey design. The simple random sampling method was used to draw a sample of 100 enterprises from ...
ABSTRACT Public financial management concerns the efficiency and effectiveness of the use of public resources based on approved budgets. The purpose of this study was to assess the influence of public financial management and service delivery at the local government level using Ejura Sekyedumase Municipal Assembly in the Ashanti region of Ghana as a case. The specific objectives were to establish the relationship between policy based budgeting and service delivery; determine the extent to whi...