SMEs are considered as the best possible vehicle to reduce the unemployment rate and
increase economic participation in the country, specifically for historically disadvantaged
people. Due to, among other things, the lack of small business management skills, the
potential of SMEs cannot be fully realised.
From the study it was found that one of the major reasons why SMEs fail to secure
loans is a lack of management accounting skills. This lack of management accounting
skills is due to a lack of mentors, training and business education. The study has
identified a number of management accounting skills which most of the venture capital
providers consider when they evaluate applications for loans. From empirical survey it
was considered that budgeting, cash flow management and product costing were
considered as imperative by most venture capital providers. / Management Accounting / (M. Com.)
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:unisa/oai:umkn-dsp01.int.unisa.ac.za:10500/4907 |
| Date | 02 1900 |
| Creators | Shaku, Mmudi David |
| Contributors | Du Plessis, P.C. (Prof.), Shuttleworth, C.C. (Prof.) |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
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