Role of Financial Audit in Achieving Organizational Sustainability: A Case of Uchumi Supermarkets Limited
MASTER OF BUSINESS ADMINISTRATION In Finance and Strategic Management
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| Format: | Thesis |
| Language: | English |
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Daystar University, School of Business & Economics
2024
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| Online Access: | https://repository.daystar.ac.ke/handle/123456789/4826 |
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| author | Andere, Kaggwa Andrew |
| author_facet | Andere, Kaggwa Andrew |
| author_sort | Andere, Kaggwa Andrew |
| collection | DSpace |
| description | MASTER OF BUSINESS ADMINISTRATION
In Finance and Strategic Management |
| format | Thesis |
| id | oai:repository.daystar.ac.ke:123456789-4826 |
| institution | Daystar University |
| language | English |
| publishDate | 2024 |
| publisher | Daystar University, School of Business & Economics |
| record_format | dspace |
| spelling | oai:repository.daystar.ac.ke:123456789-48262024-07-23T08:10:35Z Role of Financial Audit in Achieving Organizational Sustainability: A Case of Uchumi Supermarkets Limited Andere, Kaggwa Andrew Financial Audit Organizational Sustainability Uchumi Supermarkets Limited MASTER OF BUSINESS ADMINISTRATION In Finance and Strategic Management One of the goals of any business is the ability to maintain or support its operations continuously over time. This can be achieved through ensuring a balance is struck between meeting the interests of the stakeholders and taking care of the environment within which it operates in while achieving the economic goals. This calls for setting up of goals and means to achieve them as well as reporting the operations of the business in a prudent manner. This study was conducted to investigate the role of financial audit in achieving organizational sustainability, a case of Uchumi Supermarkets Limited. The study used Uchumi’s audited financial statements between the year 2006 and 2015 when the company was facing turbulence in its operations. The study used content analysis and regression analysis to capture the research variables for presentation. The study established that despite Uchumi having unqualified financial audit reports over the years, the company does not have sustainability reports on the level which it operates towards, despite adhering to various sustainability levels. Financial audit however acts as a pillar of faith in ensuring what the organization’s management reports in its financial statements present the true and fair position of the organization. Financial audit therefore have a direct relationship with the sustainability of an organization as much as the sustainability level an organization operates in remains a management decision. In line with these results, the study has recommended the continuous use of the Z score model to measure the likelihood of organizations being in financial distress as well as setting up of sustainability levels which a company can always work towards. School of Business and Economics of Daystar University 2024-07-23T08:07:40Z 2024-07-23T08:07:40Z 2023-05 Thesis Andere, K. A.,(2023).Role of Financial Audit in Achieving Organizational Sustainability: A Case of Uchumi Supermarkets Limited: Daystar University, School of Business & Economics https://repository.daystar.ac.ke/handle/123456789/4826 en application/pdf Daystar University, School of Business & Economics |
| spellingShingle | Financial Audit Organizational Sustainability Uchumi Supermarkets Limited Andere, Kaggwa Andrew Role of Financial Audit in Achieving Organizational Sustainability: A Case of Uchumi Supermarkets Limited |
| title | Role of Financial Audit in Achieving Organizational Sustainability: A Case of Uchumi Supermarkets Limited |
| title_full | Role of Financial Audit in Achieving Organizational Sustainability: A Case of Uchumi Supermarkets Limited |
| title_fullStr | Role of Financial Audit in Achieving Organizational Sustainability: A Case of Uchumi Supermarkets Limited |
| title_full_unstemmed | Role of Financial Audit in Achieving Organizational Sustainability: A Case of Uchumi Supermarkets Limited |
| title_short | Role of Financial Audit in Achieving Organizational Sustainability: A Case of Uchumi Supermarkets Limited |
| title_sort | role of financial audit in achieving organizational sustainability: a case of uchumi supermarkets limited |
| topic | Financial Audit Organizational Sustainability Uchumi Supermarkets Limited |
| url | https://repository.daystar.ac.ke/handle/123456789/4826 |
| work_keys_str_mv | AT anderekaggwaandrew roleoffinancialauditinachievingorganizationalsustainabilityacaseofuchumisupermarketslimited |
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