Faculty of Commerce, Law and Management (ETDs)
Permanent URI for this community
Browse
Browsing Faculty of Commerce, Law and Management (ETDs) by Type "Dessirtation"
Now showing 1 - 2 of 2
Results Per Page
Sort Options
Item Blockchain technology: an examination of use-cases in the accounting profession(2020) Malinga, SibusisoThe accounting profession is one of the most sought-after professions. Worldwide, accountants are in high demand, making this a lucrative career. Most companies, nonprofit organisations and government departments need accountants and rely on accounting skills to ensure that finances are managed professionally and that there is accountability. However, the accounting profession demands a great deal of manual work, which takes up time. Manual tasks are also prone to errors. The primary objective of this study was to determine the current manual accounting tasks and the tasks that can be automated with blockchain technology. The secondary purpose was to determine how the automation of ongoing accounting tasks will affect the accounting profession. The study adopted a mixed method of research. The sample comprised 21 accountants representing two companies in South Africa, and the sampling techniques were chosen for convenience and were of a purposive nature. The results provided some valuable insights into current manual accounting tasks. These tasks can be automated by blockchain technology, the time spent on these manual accounting tasks, the frequency of the manual accounting tasks, and the anticipated impact of automating tasks in the accounting profession. The results showed that blockchain technology could save accountants a great deal of time that could be used on more valuable tasks in terms of financial analysis and reporting. The study will assist accountants in a leading logistics company with identifying manual tasks currently being undertaken. Recommendations regarding blockchain technology will be made available to the company, and this research will contribute to the optimisation of the accountant’s time and tasks. The study will add to the blockchain technology and the body of knowledge (BoK) in the accounting profession.Item A critical analysis of the international direct tax solutions for businesses in the digital economy(2019) Peres, Monique Helena AlfonsoTaxes are not paid where value is created when it comes to the digital economy. Current international tax laws were written before the digital economy started. The digital economy has changed our lives and how business is done. Value is created in different ways by digital businesses compared to traditional businesses. Digital businesses can do business in any jurisdiction in the world without a physical presence. The permanent establishment concept is still based on physical presence which is irrelevant to digital businesses. The permanent establishment concept and its irrelevance to the digital economy will be discussed in the report. Foreign digital businesses use the physical presence required by the permanent establishment concept in their tax planning to reduce their tax liability. The questions that will be answered in the report are how and where value is created and where should digital businesses pay direct taxes such as income tax, amongst other taxes. The purpose of this report is to critically analyse how digital businesses should be directly taxed when they have a significant digital presence with little or no physical presence in a jurisdiction. The report will critically analyse the direct tax solutions that have been proposed to tax businesses in the digital economy.