An Exploratory Study About the Role of Financial Reporting in Agribusiness: A Case Study of Busoga Farmers’ Resource Centre
| dc.contributor.author | Hope Musasizi | |
| dc.date.accessioned | 2023-10-16T13:19:20Z | |
| dc.date.available | 2023-10-16T13:19:20Z | |
| dc.date.issued | 2023-10-04 | |
| dc.description | This is a dissertation. | |
| dc.description.abstract | The purpose of this study was to assess the role of financial reporting in the advancement of agribusiness in Uganda, with a particular emphasis on the Busoga Farmers' Resource Centre. The research involved a comprehensive approach that included survey questionnaires and observations. The analysis revealed that the farm does not adhere to accounting standards and lacks knowledge of financial reporting practices. The financial statements are absent, and all decisions are made by a single individual. The farm's funding sources consist of donations and personal investments of the CEO, and the organization has no experience in securing loans. Nevertheless, the CEO recognizes the potential investment opportunities in agribusiness and has recently made some investments. Based on the results, it is recommended that the farm hires a professional accountant and establish a system for regular financial reporting. By doing so, Busoga Farmers' Resource Centre can improve its financial management and increase its potential for growth and development. Additionally, the concerned parties should take steps to raise awareness among farmers about the importance of financial reporting because it was discovered that most agribusinesses do not engage in agribusiness financial reporting (the farm is a training Centre). | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12311/1118 | |
| dc.language.iso | en | |
| dc.publisher | Uganda Christian University | |
| dc.title | An Exploratory Study About the Role of Financial Reporting in Agribusiness: A Case Study of Busoga Farmers’ Resource Centre | |
| dc.type | Dissertation |