Financial Reporting and Performance of Small-Scale Businesses in Buyanja Town Council Rukungiri District.

This study examined the relationship between financial reporting and the performance of small-scale businesses in Buyanja Town Council. The study aimed to elucidate the benefits of financial reporting, examine the various types of reports utilized by these businesses, and identify the challenges the...

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Main Author: Abindabyamu, Joanitar
Format: Thesis
Language:English
Published: Kabale University 2024
Subjects:
Online Access:http://hdl.handle.net/20.500.12493/2583
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author Abindabyamu, Joanitar
author_facet Abindabyamu, Joanitar
author_sort Abindabyamu, Joanitar
collection KAB-DR
description This study examined the relationship between financial reporting and the performance of small-scale businesses in Buyanja Town Council. The study aimed to elucidate the benefits of financial reporting, examine the various types of reports utilized by these businesses, and identify the challenges they encounter in the reporting process in Buyanja town council Rukungiri district. The research methodology outlines the research design, target population, sample size and sampling techniques, data collection instruments, reliability of the instruments, methods of data analysis, and ethical considerations. The study was conducted using a case study research design whereby data was collected using questionnaire techniques from 152 respondents who were randomly sampled from an eligible population of 250 small-scale business owners in Buyanja town council, Rukungiri district. Key findings reveal that financial reporting significantly enhances business decision-making and financial transparency, leading to improved performance and credibility with stakeholders. However, small-scale businesses face substantial challenges, including limited resources, lack of financial expertise, and inadequate infrastructure for comprehensive reporting. The study identifies common report types such as income statements, balance sheets, and cash flow statements, and assesses their effectiveness in meeting the informational needs of stakeholders. Recommendations include enhancing financial literacy among business owners, increasing access to affordable financial reporting tools, and fostering supportive regulatory environments. This research contributes valuable insights into the role of financial reporting in small business success and offers practical solutions to overcome prevalent obstacles.
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spelling oai:idr.kab.ac.ug:20.500.12493-25832024-12-30T00:01:27Z Financial Reporting and Performance of Small-Scale Businesses in Buyanja Town Council Rukungiri District. Abindabyamu, Joanitar Financial Reporting Performance Small-Scale Businesses Buyanja Town Council Rukungiri District This study examined the relationship between financial reporting and the performance of small-scale businesses in Buyanja Town Council. The study aimed to elucidate the benefits of financial reporting, examine the various types of reports utilized by these businesses, and identify the challenges they encounter in the reporting process in Buyanja town council Rukungiri district. The research methodology outlines the research design, target population, sample size and sampling techniques, data collection instruments, reliability of the instruments, methods of data analysis, and ethical considerations. The study was conducted using a case study research design whereby data was collected using questionnaire techniques from 152 respondents who were randomly sampled from an eligible population of 250 small-scale business owners in Buyanja town council, Rukungiri district. Key findings reveal that financial reporting significantly enhances business decision-making and financial transparency, leading to improved performance and credibility with stakeholders. However, small-scale businesses face substantial challenges, including limited resources, lack of financial expertise, and inadequate infrastructure for comprehensive reporting. The study identifies common report types such as income statements, balance sheets, and cash flow statements, and assesses their effectiveness in meeting the informational needs of stakeholders. Recommendations include enhancing financial literacy among business owners, increasing access to affordable financial reporting tools, and fostering supportive regulatory environments. This research contributes valuable insights into the role of financial reporting in small business success and offers practical solutions to overcome prevalent obstacles. 2024-12-29T12:10:29Z 2024-12-29T12:10:29Z 2024 Thesis Abindabyamu, Joanitar (2024). Financial Reporting and Performance of Small-Scale Businesses in Buyanja Town Council Rukungiri District. Kabale: Kabale University. http://hdl.handle.net/20.500.12493/2583 en Attribution-NonCommercial-NoDerivs 3.0 United States http://creativecommons.org/licenses/by-nc-nd/3.0/us/ application/pdf Kabale University
spellingShingle Financial Reporting
Performance
Small-Scale Businesses
Buyanja Town Council
Rukungiri District
Abindabyamu, Joanitar
Financial Reporting and Performance of Small-Scale Businesses in Buyanja Town Council Rukungiri District.
title Financial Reporting and Performance of Small-Scale Businesses in Buyanja Town Council Rukungiri District.
title_full Financial Reporting and Performance of Small-Scale Businesses in Buyanja Town Council Rukungiri District.
title_fullStr Financial Reporting and Performance of Small-Scale Businesses in Buyanja Town Council Rukungiri District.
title_full_unstemmed Financial Reporting and Performance of Small-Scale Businesses in Buyanja Town Council Rukungiri District.
title_short Financial Reporting and Performance of Small-Scale Businesses in Buyanja Town Council Rukungiri District.
title_sort financial reporting and performance of small scale businesses in buyanja town council rukungiri district
topic Financial Reporting
Performance
Small-Scale Businesses
Buyanja Town Council
Rukungiri District
url http://hdl.handle.net/20.500.12493/2583
work_keys_str_mv AT abindabyamujoanitar financialreportingandperformanceofsmallscalebusinessesinbuyanjatowncouncilrukungiridistrict