https://hdl.handle.net/10646/85 2026-04-09T17:21:41Z 2026-04-09T17:21:41Z Matamande, Wilson https://hdl.handle.net/10646/3615 2026-01-06T01:13:36Z 2016-12-01T00:00:00Z

Investigating factors influencing the performance of the Office of the Auditor General in Zimbabwe Matamande, Wilson The Office of the Auditor General’s (the OAG’s) primary mandate is to audit and ensure the best practices of financial management among public sector entities. However, despite this mandate being driven by the national constitution, significant deviations from the international best practices have been seen to be rife within the OAG. This study, therefore, sought, to determine the socio-factors that impact on the audit performance of the Office of the Auditor General. To help achieve this objective, a quantitative method approach was adopted. The population for the study comprised 16 senior management members of the OAG, 36 audit team leaders for each of the 36 Government Ministries, as well as the 25 Parliamentary Audit Committee (PAC) members. Convenient sampling was used. The results of the study provided invaluable insights into how the OAG can improve its effectiveness in achieving its mandate. Inadequate working tools, bureaucratic systems, statutes and legislation emerged as the most significant factors affecting the performance of the OAG. Regarding the economic factors, poor financing of auditing operations and poor staff remuneration were the most dominant ones. Overall, non-economic factors superseded the economic factors in influencing the performance of the audit office. Since the auditor was identified as a key player in this study, the researcher recommended that the welfare of the auditor be taken seriously in order to ostensibly address issues such as low staff morale, lack of motivation and poor remuneration. As a long-term solution, it is recommended that the Office of the Auditor General be commercialised so as to ideally address inadequate resource problems.

2016-12-01T00:00:00Z Jere, Farai Ndamba, Rodney Mupambireyi, Freddy Pakuromunhu https://hdl.handle.net/10646/3241 2025-11-15T02:54:25Z 2016-01-01T00:00:00Z

Corporate reporting in Zimbabwe: An investigation of the legitimacy of corporate disclosures by major public listed companies in 2014 Jere, Farai; Ndamba, Rodney; Mupambireyi, Freddy Pakuromunhu Corporate reporting practices by public listed companies in Zimbabwe have received little attention to warrant investigating the legitimacy of corporate disclosures by major listed companies. This paper presents findings of an investigation on corporate reporting by public listed companies on Zimbabwe Stock Exchange (ZSE). The research surveyed the top 10 capitalized companies to investigate the proportion of financial and non-financial information disclosure contents in company annual reports of 2014. Non-financial information reporting was considered from the perspective of sustainability reporting or environmental, social and governance reporting (ESG reporting.) The results showed that 86% of annual reports content by pages was predominantly financial information. The results confirmed the hypothetical assumption that corporate reporting by public listed companies on ZSE may not be legitimate due to corporate failings on balanced disclosure of financial and non-financial information as generally practiced internationally and mature corporate reporting. The research findings provide a business case for reform on corporate reporting on Zimbabwe Stock Exchange.

2016-01-01T00:00:00Z Ndamba, Rodney Matamande, Wilson https://hdl.handle.net/10646/3235 2026-01-06T01:07:50Z 2016-01-01T00:00:00Z

Regulating the Accountancy Profession: An Examination of the Regulatory framework for the Accountancy Profession in Zimbabwe Ndamba, Rodney; Matamande, Wilson The accountancy profession in Zimbabwe has been evolving for the past three decades. The past two decades witnessed regulatory framework changes leading to the setting of a regulatory body under the Public Accountants and Auditors Board (PAAB) through a statutory instrument of Parliament (PAA Act: 27:12). This research paper examines potential regulatory gaps that may exist in the framework, structural setting and legal instrument governing PAAB with the aim to establish evidence to support future developments in the accounting profession in Zimbabwe. The research conducted a desk review of legal instruments and organisational documents. Further, a narrative enquiry was explored with audit firms and professional accountants in Zimbabwe. The findings show that despite the progressive regulatory framework developments, there are gaps in the structural setting, framework and regulatory instruments governing the accounting profession in Zimbabwe. The findings show that the regulatory framework is predominantly private sector orientated and there is limited inclusion of the public sector and the no-for-profit sectors in framework and structural setting of PAAB.

2016-01-01T00:00:00Z Mkumbuzi, W.P https://hdl.handle.net/10646/2745 2025-12-14T01:11:08Z 2014-01-01T00:00:00Z

The voluntary disclosure of intellectual capital by listed companies in Zimbabwe Mkumbuzi, W.P This paper examines the cross-sectional effect of industry, listing status, company size, gearing, profitability and corporate governance mechanisms on the extent of voluntary disclosure of intellectual capital in 54 Zimbabwe Stock Exchange Companies for the year 2011/2012. The extent of voluntary disclosure is measured by a disclosure index based on intellectual capital attributes included in the narratives and illustrations of the annual reports. The paper predicts that agency costs may be minimised through voluntary disclosure and that the benefits of signalling may outweigh competitive costs that may be more prevalent in some industries. The results suggest that large companies operating in high-tech and innovative industries that are characterised by investment in employees and research and development processes have higher levels of hidden value. These companies, associated with reduced financial risk, the presence of financial expertise on their audit committees and higher levels of profitability, are characterised by higher levels of voluntary disclosure of intellectual capital. In contrast, multiple listing, proportion of non-executive directors and association with "big 5 auditors", are insignificant in explaining the variation in voluntary disclosure of intellectual capital in Zimbabwe.

2014-01-01T00:00:00Z