MBA & MM Theses

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Browsing MBA & MM Theses by Keyword "Accounting"

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    Accountant’s’ perceptions of
    (2011-06-15) Slabbert, Valerie-Joan
    During the past decade there have been a number of high-profile corporate failures, both locally and internationally. This has led to numerous legislative and regulatory changes, both locally and internationally. In South Africa, the Auditing Profession Act was released for comment in October 2004 and this led to the Auditing Profession Act, Act No.26 of 2005, which was signed into legislation on 16 January 2006; this took effect on 1 April 2006, as did the Corporate Laws Amendment Act of 2006. The draft Companies Bill of 2007 was released for comment in February 2007 and will replace the Companies Act of 1973. The purpose of this study was to research accountants’ perceptions regarding the effectiveness of legislative changes to the audit profession in South Africa with regard to the prevention of audit failure. Quantitative, non-experimental research was conducted to test the propositions developed from the literature review through a questionnaire that was sent to chartered accountants within South Africa. The majority of chartered accountants surveyed agreed that the reputation of the audit profession in South Africa had been affected adversely by high-profile business failures internationally and nationally, and that this necessitated the legislative changes to the audit profession in this country. There are certain aspects of these legislative changes that will be efficient in the prevention of audit failure and in ensuring greater independence of the external auditor; this was the opinion of the chartered accountants surveyed, and included the functioning of the independent audit committee, legal backing to accounting standards and increased liability for directors and parties involved in the preparation of financial statements. Legislative changes that were not perceived to be efficient included increased liability for the external auditor, practice reviews and the mandatory rotation of audit partners
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    Obstacles to broad Electronic Bill Presentment and Payment (EBPP) adoption in South Africa
    (2011-04-01) Dawson, Hilton
    The current processes practised by numerous billers, in the creation and distribution of bills and the subsequent payment or query of these bills by customers, is costly and inefficient. With the continued strides being made in technology applications and electronic delivery mechanisms, the manual process around the distribution of bills to customers and subsequent payment or query dispute from customers, would lend itself to the adoption of technology. The introduction of Electronic Bill Presentment and Payment (EBPP) has been mooted to provide the biller and customer with huge cost savings, efficiencies, interaction and constant communication. South Africa, with its adoption of technology and sophisticated banking industry would appear to be ready for the adoption of an Electronic Bill and Presentment and Payment (EBPP) solution. The researcher was interested in identifying the obstacles to broad Electronic Bill Presentment and Payment (EBPP) in South Africa. After a review of the literature available, a number of obstacles where identified. The researcher purposely selected a number of interviewees who had the required experience in EBPP, to answer the research question. The obstacles identified by the interviewees were compared to those gleaned through the literature review, and the comments of the interviewees were analysed. It was determined that the majority of the obstacles identified in the literature review were recognised by the interviewees, plus a number of additional obstacles that could possibly be specific to the South African economy