• Login
    View Item 
    •   UZ eScholar Home
    • Faculty of Business Management Sciences and Economics
    • Faculty of Business Management Sciences and Economics ETDs
    • Faculty of Business Management Sciences and Economics e-Theses Collection
    • View Item
    •   UZ eScholar Home
    • Faculty of Business Management Sciences and Economics
    • Faculty of Business Management Sciences and Economics ETDs
    • Faculty of Business Management Sciences and Economics e-Theses Collection
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    An evaluation of the use of accounting practices by small and medium enterprises in Zimbabwe and an assessment of their impact on business performance: A case study of the retail sector of Harare Metropolitan Province

    Thumbnail
    View/Open
    Moyo_An_evaluation_of_the_use_of_accounting_practices_by_small_and_medium_enterprises_in_Zimbabwe.pdf (805.1Kb)
    Date
    2018-03
    Author
    Moyo, Namatai
    Metadata
    Show full item record

    Abstract
    This study evaluated the use of accounting practices and then assessed their impact on business performance of retail SMEs within the Harare Metropolitan Province. There is little or non-application of accounting practices which therefore contributes to non-growth of these SMEs into large companies. The objectives of the study were to assess the extent to which proper accounting practices are being used by SMEs within the retail sector of Harare metropolitan province in Zimbabwe, to evaluate the impact of inadequate or improper use of accounting practices on business performance and to suggest ways in which small businesses can adapt or use accounting practices. The study adopted the triangulation research method where three data collection methods were used so as to increase reliability and validity of findings by obviating weaknesses of a single approach and thus balancing it with strengths of the other. These data collection methods included the survey method (whereby a questionnaire was designed and piloted), in-depth interviews and focus groups, where carried out using a purposively selected sample of owner-managers. The findings from this study show that SMEs keep some books of accounts and not all of the required books because lack of accounting expertise within their businesses. They are unable to hire or train their staff in the lacking skills because of lack of finance. A lot of the SMEs do not have filing systems which can be used in the assessment of business’ present and future performance. The study concluded that lack of proper accounting practices by SMEs in Zimbabwe is hindering the performance of their businesses’, thus, the lack of business expansions and continuity in many SMEs. Owner-managers running the business lack the accounting expertise and management skills. They also take the use of accounting practices for granted or as a burden. The study recommends there is a need for SME owner-managers to seek training in both management and financial skills so as to use accounting practices efficiently and effectively. Government of Zimbabwe should provide free trainings for all owner-managers on management and entrepreneurial skills so as to improve use of accounting practices.
    URI
    http://hdl.handle.net/10646/3782
    Additional Citation Information
    Moyo, N. (2012). An evaluation of the use of accounting practices by small and medium enterprises in Zimbabwe and an assessment of their impact on business performance: A case study of the retail sector of Harare Metropolitan Province (Unpublished master's thesis). University of Zimbabwe.
    Subject
    Small and medium enterprises
    Business performance
    Accounting practices
    Management skills
    Collections
    • Faculty of Business Management Sciences and Economics e-Theses Collection [496]

    University of Zimbabwe: Educating To Change Lives!
    DSpace software copyright © 2002-2020  DuraSpace | Contact Us | Send Feedback
     

     

    Browse

    All of UZ eScholarCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    Statistics

    View Usage StatisticsView Google Analytics Statistics

    University of Zimbabwe: Educating To Change Lives!
    DSpace software copyright © 2002-2020  DuraSpace | Contact Us | Send Feedback