Performance measurement in small and medium enterprises : South African accountants' view

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dc.contributor.author Kirsten, Elize
dc.contributor.author Vermaak, Frans N.S.
dc.contributor.author Wolmarans, H.P. (Hendrik Petrus)
dc.date.accessioned 2015-08-14T07:58:17Z
dc.date.available 2015-08-14T07:58:17Z
dc.date.issued 2015-04
dc.description.abstract Small and Medium Enterprises (SMEs) are important catalysts of economic growth, creating employment opportunities and contributing to the gross domestic product (GDP) of their respective countries. Unfortunately, SMEs suffer from a high failure rate due to SME managers’ lack of managerial knowledge and skills. SME managers also do not use performance measures which are important in business management and provide support to the managers in decision-making processes. This study contributes to the existing knowledge by determining that the use of a performance measurement tool is important in SMEs, as it can help to improve their performance and chances of survival. Accountants have the knowledge and skills to help SMEs to measure their performance and to achieve their business objectives. Accountants calculate financial ratios, explain the results and provide advice to SMEs. They, however, do not develop a Balanced Scorecard, although they perceive it to be beneficial to the SMEs. en_ZA
dc.description.librarian am2015 en_ZA
dc.description.uri http://reference.sabinet.co.za/sa_epublication/jefs en_ZA
dc.identifier.citation Kisten, E, Vermaak, F & Wolmarans, H 2015, 'Performance measurement in small and medium enterprises : South African accountants' view', Journal of Economic and Financial Sciences, vol. 8, no. 1, p. 13-34. en_ZA
dc.identifier.issn 1995-7076
dc.identifier.uri http://hdl.handle.net/2263/49318
dc.language.iso en en_ZA
dc.publisher University of Johannesburg, Faculty of Economic and Financial Sciences en_ZA
dc.rights University of Johannesburg, Faculty of Economic and Financial Sciences en_ZA
dc.subject Small and medium-sized enterprises (SMEs) en_ZA
dc.subject Performance measurement en_ZA
dc.subject Financial ratios en_ZA
dc.subject Balanced scorecard en_ZA
dc.subject Accountants en_ZA
dc.title Performance measurement in small and medium enterprises : South African accountants' view en_ZA
dc.type Article en_ZA


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