Application of IFRS 13 Hierarchy Classifications and Disclosure Requirements by South African Banks

by admin_ibc | Sep 16, 2024 | Financial Management

Vimbai Francisca Murenga, Ingrid Baigrie AbstractThis paper assesses the extent to which South African banks are classifying financial instruments into the appropriate fair value hierarchy levels as indicated in International Financial Reporting Standard 13 (IFRS 13)...

Economic Feasibility of the Monetary Integration of BRICS and BRICS Plus Countries

by admin_ibc | Sep 16, 2024 | Financial Management

Mohamed Gangat, Abigirl Ncube AbstractThis paper tests the economic feasibility of the Chinese Renminbi (RMB) for monetary integration among the BRICS and BRICS Plus countries which seek to de-dollarise and reduce reliance on the US Dollar (USD). The literature...

Assessing the Sustainability Ratios Reported by South African Companies

by admin_ibc | Sep 16, 2024 | Financial Management

Heidi Janse van Rensburg, Miemie Struwig AbstractThis paper compares a proposed set of sustainability ratios over two periods. The intention is to evaluate whether the proposed set of sustainability ratios were indeed used in practice. For the study, a quantitative...

Refined Economic Value Added and Economic Value Added Momentum as Predictive Tools for Shareholders’ Return on the Johannesburg Stock Exchange

by admin_ibc | Sep 16, 2024 | Financial Management

Dinis Pedro Maculuve AbstractAccounting and economic based measures as value relevant constructs for stock return appraisal and consequent forward-looking correlation with shareholders’ return are paramount for equity holders. However, several empirical studies...

Investigating the Relationship between Financial Literacy and the Performance of Small and Medium-Sized Enterprises in the South African Informal Sector

by admin_ibc | Sep 16, 2024 | Financial Management

Petronella Jonck, Lilian Nwosu AbstractFinancial literacy has been identified as a major contributing factor in entrepreneurial business performance. Therefore, the purpose of this study was to investigate the relationship between financial literacy and the...