adopts a managerial accounting perspective to propose and empirically illustrate a research design for firm decision making based on performance feedback. In doing so, it operationalizes the theoretical frameworks based on resources and routines. Most importantly, by taking a best practice benchmarking approach to firm activity in dynamic environments, this study accounts for the endogenous components of a cross-firms heterogeneous routines. This approach is grounded in the managerial accounting task
THE FACTORS INFLUENCING CAPITAL BUDGETING DECISIONS IN THE MANUFACTURING SECTOR IN KENYA BY NCHOROKO KEVIN NYAMIAKA 636499 CHAPTER ONE 1.0 INTRODUCTION 1.1Research Background Capital budgeting is a required managerial tool. One duty of a financial manager is to choose investments with satisfactory cash flows and rates of return. Therefore, a financial manager must be able to decide whether an investment is worth undertaking and be able to choose intelligently between two or more alternatives
obtained and used effectively and efficiently in the accomplishment of the organisation’s objectivesThe purpose of the research paper is to highlight the management control systems of large companies and their stories on success and failures. The paper is been based on the previous research conducted. The management control systems had the study on the following parameters A way manager can document their organization's objectives A way manager can document their organizational
CHAPTER TWO LITERATURE REVIEW 2.1 Introduction Literature is quite diverge on the taxonomy and nature of fraud in organizations and specifically in banks, but quite converge on the occurrence of fraud and its telling repercussions on organizations. Indeed, Smith (2001:1) alludes to the endemic nature of fraud by contending that fraud would have been a major growth area of the economy if it were considered as an industry Olasanmi (2010:8) opined that because many fraud cases are difficult to detect
in a company without taking risks. If they are not properly managed and controlled, these risks can affect the ability of the company to achieve its objectives. Continuing to prevent and manage the risks, the risk management and internal control systems play a key role in the conduct and management of different activities. The overall ‘control’ in management roles are to secure the objectives of the company, enable leaders to have a comprehensive and shared vision of the main threats and missed opportunities
researchers, earnings management is believed still in the scope of the accounting standards. Poll (2004) found, “The practice of earnings management is facilitated in the flexibility of GAAP as well as the many possible interpretations of some of the principles put forward in GAAP” (p. 72). However, numerous publications have negatively interpreted this practice as the act of manipulating some accounting policies or accounting numbers which results in the less fair financial report. Earnings management
CHAPTER TWO: REVIEW OF RELATED LITERATURE This section presents a brief review of existing theoretical and empirical literature of tax and tax administration. This review of literature establishes the framework for the study and high lights the noticeable strength and weakness of previous studies, which in return help in clearly identifying the gap in the literature and formulating the research question for the study. 2.1. Definitions and Concepts of Tax Taxes are a portion of private wealth, exacted
Technology in her definition therefore includes the software of production – managerial and marketing skills, and extended to services – administration, health, education and finance. Smillie also, describes this broader definition of technology as” the science and art of getting things done through the application of skills and knowledge
modes of public management was a shift towards “accountingization” (a term coined by Power Laughlin, (1992). This development was part of a broader shift in received doctrines of public accountability and public administration at the same time, accounting changes formed an important part of the assault on the progressive-era models of public accountability (Hal & Wettenhall,
of the companies are lack of communication language especially English which is considered as international language. In order to solve the communication problem, the company will outsource customer support particularly phone support. Secondly, accounting is well-adapted from most of the companies because it involves a standardized methodology. Therefore the employee can use it for financial recording conveniently. Other than that, the company can focus on its core activities without worrying on