The purpose of this book is to help readers understand how financial decisions are taken in the small firms, to identify the problems they face with regards to taking financial decisions and how to help them improve on their businesses. It is usually stated that the private sector is the engine of growth. The majority of the firms in the private sector are small firms. There is the need to support these small firms to survive, as it is only when these firms continue to operate that they can contribute to the national economy by employment and revenue generation. One way of helping these firms...

Management accounting theory suggests that two different measures of branch performance should be computed; one to evaluate the economic performance of each branch and the other to evaluate the performance of branch managers (managerial performance). It also advocates that the evaluation of a manager's performance should consist only of those factors under his or her control. The purpose of the study was to ascertain the type of performance measures that are applied in these institutions. That is whether or not the management of these banks have been applying financial and/or non financial...