A comparative analysis of the accounting practices of micro-business in Windhoek: A case study of micro-business in incubators and those outside the incubators
| dc.contributor.author | Nepaya, Paulina H. | |
| dc.date.accessioned | 2017-07-18T17:38:59Z | |
| dc.date.available | 2017-07-18T17:38:59Z | |
| dc.date.issued | 2017 | |
| dc.description | A thesis submitted in partial fulfilment of the requirements for the Degree of Master of Science in Accounting and Finance | en_US |
| dc.description.abstract | The micro-business sector in Namibia plays a major role towards job creation. Micro-businesses in Namibia contribute about 14% to the Gross Domestic Product (GDP) and also employ a significant number of youth. Though small in size, they impact the social lives of citizens and enhance national development. The study focused on comparing and analysing the bookkeeping and accounting practices inside and outside the Bokamoso Incubation Centre in Windhoek. The data collection instruments used were self-administered and key informant questionnaires. Quantitative data collected was analysed through One-Way Anova and qualitative data was analysed through the Creswell Model (2009). A mixed research methodology was applied to carry out the study. From the results of the study, it was evident that, if the sector is to grow, much needs to be done about the bookkeeping and accounting practices by micro-business enterprises. On the basis of the research findings and a comparison of information gained through the review of related literature, the major gaps identified were a lack of accounting skills and proper record keeping, as well as an inability to maintain bank accounts. Recommendations were made with the view of assisting the micro-business sector in Namibia. The major recommendations focus on the training of the owners/managers and staff members to equip them with adequate knowledge and skills. Hiring of competent consultants was viewed as critical to the micro-business enterprises as it was deemed to encourage organisations to have well-prepared financial statements and to gain advice derived from well-experienced business experts. As part of the recommendations, all cash received should be banked in order for micro-businesses to account properly for their cash operations. The growth of the sector was determined by financial discipline and accountability which was highly recommended in the study. | en_US |
| dc.identifier.uri | http://hdl.handle.net/11070/2039 | |
| dc.language.iso | en | en_US |
| dc.publisher | University of Namibia | en_US |
| dc.subject | Micro-business | en_US |
| dc.subject | Accounting practices | en_US |
| dc.subject.lcsh | Small business, Finance, Namibia | |
| dc.subject.lcsh | Small business, Namibia | |
| dc.subject.lcsh | Small business, Growt, Namibia | |
| dc.subject.lcsh | Bookkeeping, Namibia | |
| dc.title | A comparative analysis of the accounting practices of micro-business in Windhoek: A case study of micro-business in incubators and those outside the incubators | en_US |
| dc.type | Thesis | en_US |