Open Access Original Research Article

Causal Investigation of Corporate Social Responsibility to Environment on Employees’ Satisfaction and Commitment to the Organization in Construction Industry of UAE

Younis A. A. Hammouda, Mohd Zukime Bin Mat Junoh

Asian Journal of Economics, Business and Accounting, Page 1-9
DOI: 10.9734/AJEBA/2019/46317

As the dawn of industrialization and globalization has begun in 1950s’, the initial victims are society and environment. In addition, external social responsibility programs tend to create a much stronger organizational commitment, which will move employees to get better performance at work. However, CSR does not show up as strong in UAE as compared to many other Western nations. The aim of this particular academic research is to investigate the role corporate social responsibility to environment on the employees’ satisfaction and commitment among employees of construction industry of UAE. The model have three variables, CSR to environment, employees’ job satisfaction, and employees’ commitment to the organisation, and three direct relations to be assessed. The study designed as a scientific research that argues specific hypothesis and drive through to accept or reject it. The study is using quantitative approach, which has been applied on a collected primary dataset that collected by the researcher by using a well-defined questionnaire. The usable sample size, after data cleaning, is 457 cases, found to be reliable and valid based on a variety of SmartPLS assessments. The results shows that employees’ commitment and satisfaction are at below average level. CSR to environment found to be a strong cause of the low employees’ commitment and CSR to environment is found to be a strong cause of the low employees’ job satisfaction. Overall, the findings shows that CSR to environment in UAE is influencing the employees’ job satisfaction and commitment to the organisation, and it is for sure one of the causatives of the low employees’ commitment.Projected future research are to investigate other constructs of CSR.

Open Access Original Research Article

Users’ Perceptions on Auditors’ Responsibilities for Fraud Prevention, Detection and Audit Expectation GAP in Nigeria

Safiyanu Sule, Nor Zalina Mohamad Yusof, Ku Maisurah Ku Bahador

Asian Journal of Economics, Business and Accounting, Page 1-10
DOI: 10.9734/AJEBA/2019/46832

The role of auditors is highly important in today’s business environment as a result of the separation of ownership from control considering numerous shareholders in the companies. One of the areas that posed a challenge is where users of financial statements perceive the roles of auditors concerning fraud prevention and detection. This paper examined users’ perceptions of the auditors’ responsibility for fraud prevention, fraud detection and audit expectation gap (AEG) in Nigeria. The study adopts a survey research design in which 200 copies of the questionnaires were administered to academics, accountants, investors, stockbrokers and bankers in Kano and Jigawa States of Nigeria. In addition, three hypotheses were formulated and tested using One-way Analysis of Variance (ANOVA). The findings of this study revealed that AEG exists in the area of fraud prevention and detection in Nigeria. In view of this, the paper suggests that proper enlightenment to the public, investors and potential investors about the audit function and auditor’s responsibilities concerning fraud prevention and detection should be employed by the regulators, professional accounting bodies and other stakeholders as this could help in reducing the AEG in Nigeria.   

Open Access Original Research Article

Assessment of the Challenges and Opportunities of Women Entrepreneurs in Sodo Town, Wolaita Zone, SNNPR

Yesuneh Gizaw, Sintayehu Tsega, Kibrehewan Hailegiorgis

Asian Journal of Economics, Business and Accounting, Page 1-8
DOI: 10.9734/ajeba/2019/v10i130097

This study was aimed to assess the challenges that hinder the performance of women engaged in service enterprises. It also aimed to find out the main opportunities that women entrepreneurs might access to attain their goal. Accordingly, it identified lack of working place, shortage of working capital, shortage of training, lack of credit facility, burden of double responsibility and absence of husband support, and poor education back ground were major challenges that constrained the performance of women entrepreneurs. The various institutions providing support to women together with the current constitution were considered as opportunities for women entrepreneurs in the study area. The study utilized descriptive cross sectional statistics to analyze quantitative data and content analysis to compute qualitative data. Various points to tackle the challenges and to utilize the different opportunities available to improve the performance of women entrepreneurs were recommended.

Open Access Original Research Article

The Effect of Internal Control Systems on Financial Performance in the Kassena Nankana Municipality, Upper East Region

Benard Nicodemos Ayamga, Regina Wompakeah Bagina

Asian Journal of Economics, Business and Accounting, Page 1-13
DOI: 10.9734/ajeba/2019/v10i130098

The study aims at determining the effect of internal control systems on the financial performance of Kassena Nankana East Municipal Assembly, in the Upper East Region of Ghana. The study was cross sectional and adopted a case study approach. The data for the study was completely primary and was gathered through face- to -face interaction with respondents (the staff of the Kassena Nankana East Municipal Assembly). A purposive sampling technique was use to select sixty (60) respondents for the study, finally the data was analysed using central tendency, frequencies and percentages and the information represented with tables, charts and graphs. The findings of the study showed that, there is a strong relationship between internal control system and organizational financial performance of the Kassena Nankana East Municipal Assembly. It was concluded that organizations that had invested on effective internal control systems had more improved financial performance as compared to those organizations that had a weak internal control system. Base on the findings the study recommends that, the governing body, possibly supported by the audit committee, should ensure that the internal control system is periodically monitored and evaluated.

Open Access Original Research Article

Artificial Intelligence: Opportunities, Issues and Applications in Banking, Accounting, and Auditing in Nigeria

Eno Gregory Ukpong, Imeofon Idongesit Udoh, Iniabasi Thomas Essien

Asian Journal of Economics, Business and Accounting, Page 1-6
DOI: 10.9734/ajeba/2019/v10i130099

Artificial Intelligence (AI) could be a game-changer for business generally and  professional services in particular. With the rapid developments in machine learning, data mining and cognitive computing, the next decade promises to see huge leaps forward. While the excitement over the potential applications of AI is understandable, there are issues related to adaptation and application in developing countries, particularly Africa and indeed, Nigeria. This paper reviews the nature of accounting and auditing problems and the need for application of artificial intelligence (AI) technologies to the discipline. The discussion includes current accounting issues for which new AI development should be fruitful, particularly auditing. This research employed both a qualitative and quantitative research design. The study was carried out using a descriptive survey research design, employing secondary quantitative data. This study was conducted in Nigeria using stakeholders such as bank executives and university dons with majors in accounting and economics from Universities in Akwa Ibom State, Nigeria. Purposive sampling was used to select 45 stakeholders to form part of the sample. The researchers’ development instrument titled “Artificial Intelligence and the Future of Accounting in Africa Questionnaire” was used for data collection. The frequency and Mean were used to answer the research questions. This paper concludes with future roles of banks going forward and the impacts AI could have on auditing systems.