- Title
- Effectiveness of cost containment measures: the case of Harry Gwala District Municipality
- Creator
- Lungwengwe, Neziswa
- Subject
- Activity-based costing
- Subject
- Cost accounting
- Subject
- Managerial accounting
- Date Issued
- 2021-04
- Date
- 2021-04
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/51765
- Identifier
- vital:43370
- Description
- The primary research objective of this case study was to understand the effectiveness of cost containment measures implemented by all departments at Harry Gwala District Municipality. The case study also explored factors that may have contributed to the implementation of cost containment measures to ensure that the municipality spends funds on essential items and avoids unauthorised expenditure. A case study with fourteen (14) participants was chosen in order to focus on a particular area that the researcher could easily monitor. The researcher mixed qualitative and quantitative research designs to maintain the strengths and improve the weaknesses in both designs. Audited Annual Financial Statements and approved budgets were analysed to assess the effectiveness of cost containment measures. The study found that while employees were aware of their roles and responsibilities, it is safe to say that they did not follow procedures to ensure that costs were maintained. The results of the study showed that the Municipal Public Accounts Committee (MPAC) had no financial background. There was generally no change in the behaviour of employees as far as cost containment measures were concerned. The current repairs and maintenance budget was far below the norm of 8% of the carrying value of municipal assets and the municipality only budgeted between 2 – 3% per year for the assets with a carrying value of about R2.3 billion.
- Description
- Thesis (MBA) -- Faculty of Business and Economic Sciences , Business Administration, 2021
- Format
- computer
- Format
- online resource
- Format
- Format
- 1 online resource (134 pages)
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Lungwengwe, N.pdf | 2 MB | Adobe Acrobat PDF | View Details Download |