https://www.um.edu.mt/library/oar/handle/123456789/73207 2026-04-11T14:17:35Z https://www.um.edu.mt/library/oar/handle/123456789/73487 Title: Challenges of implementing IFRS in Kosovo Authors: Ferati, Mimoza Guda; Ahmeti, Skender; Aliu, Muhamet Abstract: Purpose: This research aims to present the process of adoption of International Financial Reporting Standards (IFRS) by large enterprises in Kosovo and main challenges faced during the implementation.; Methodology: We conducted a quantitative research through a customized questionnaire regarding the challenges presented during the implementation period ,which was addressed to 138 companies which are required by law to report under IFRS of which 100 valid for research, which were completed by the accountants of those companies.; Findings: Based on data analysis, we have identified that the main challenges faced during this process are related to the lack of knowledge of accountants and no continues professional development as well as lack of training and it is evident that the process of implementing IFRS is complex.; Originality/Value: The findings of the study provide empirical evidence in the application of IFRS from development countires as well as challanges during adaption phase of IFRS. 2021-04-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/73486 Title: Examining internal audit process of selected local governments in the central region of Ghana Authors: Aikins, Anthony Egyir; Mensah, John Victor; Kyereme, Akwasi Kumi Abstract: Purpose: Globally and historically, internal auditing has been used to enhance the efficiency and effectiveness of organisations. The internal audit process helps to achieve the desired objectives of organisations including local governments by preventing irregularities in operations. Guided by institutional theory and based on primary data as well as employing the interpretive research philosophy, the paper examined the internal audit process of selected local government institutions in the Central Region of Ghana.; Methodology: Purposive sampling technique was used to select seven key informants for interview by the use of interview guide. The data were analysed using pattern matching and content analysis based on themes.; Findings: The main finding was that the internal auditors hardly performed all tasks involved in the internal audit process due to irregularities in operations. This constrained the achievement of assignment objectives. The recommendation was that the Head of Local Government Service should sanction auditors who flout the process.; Originality/Value: This study is meant to raise awareness of stakeholders of local governments on the need to improve internal audit practices for effective and efficient resource utilisation to enhance service delivery to the citizens. 2021-04-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/73406 Title: Board of directors and corporate social responsibility reporting of quoted companies in Nigeria Authors: Yahaya, Onipe Adabenege; Apochi, James Abstract: Purpose: Despite significance of boards of directors, very few studies have examined their influences. This paper investigates the effect of board on corporate social responsibility reporting of quoted companies in Nigeria.; Methodology: Although, the study is empirical, the research design is correlational in nature. Panel data of 329 observations was extracted from 47 firms over 7 years (2013-2019). The data was tested for descriptive analysis (mean, number of observations, standard deviations, minimum and maximum means, normality, multicollinearity, and heteroskedasticity.; Findings: Results reveal that board size, diligence and independence failed to show significant effects. However, board gender diversity, firm size and leverage show significant effect. It also shows that social disclosure index is superior to corporate social responsibility disclosure model.; Originality/Value: The paper concludes that female directors, firm size and debt are the key elements of corporate social responsibility reporting of quoted firms in Nigeria. Therefore, shareholders should appoint more women on the board. Management should increase firm size by acquiring additional assets and take advantage of cheap debt opportunities in the capital market. 2021-04-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/73299 Title: Assessment of a value at risk in heavy construction equipment energy efficiency projects Authors: Berishvili, Vakhtang Abstract: Purpose: Energy efficiency projects can save money for companies but are not always accepted with great enthusiasm. High risk may be the reason of hesitancy. Current research designed model that can assesses risk by considering volatile factors that affect value of the project and evaluated energy efficiency investments.; Methodology: Model calculated Value at Risk using Monte Carlo simulation. Financial risk of two heavy equipment energy efficiency projects in Georgia was evaluated.; Findings: Results indicated that if investment costs are high compared with present value of energy savings (90%) risk may be substantial but its level drops to the low level if investment costs are lower (70%).; Significance: Research and elaborated model can help manages to quantify risks and make thorough decisions regarding investment in energy efficiency projects. 2021-04-01T00:00:00Z