Browsing by Author "Dr. Sara Biru"

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    The Effect of Accounting Software (Sunplus) on Quality of Financial reporting of the Seventh day Adventist Organizations and Institutions within West Kenya Union Conference
    (Journal of African Interdisciplinary Studies (JAIS), 2021) Andrew Kiplimo Boit; Dr. Jackson Oyaro Ong’eta; Dr. Sara Biru
    Maintenance, preparation and presentation of financial reports is crucial for business success as well as effective decision making in organizations. The Accounting software that an organization adopts would greatly influence the quality of financial reporting and hence provide organizational guidance in decision making. The study therefore sought to investigate the association between accounting software (SunPlus) and the quality of financial reporting in Seventh day Adventist organizations and institutions within West Kenya Union conferences. It targeted accountants who are users of SunPlus accounting software. The objectives of the study was to determine characteristics of SunPlus accounting software, the characteristics of users of SunPlus accounting software, the quality of Financial Reporting of the Seventh-day Adventist organizations and finally to determine the effect of characteristics of Users of SunPlus software on quality of Financial Reporting as well as characteristics of SunPlus software and the quality of Financial Reporting in Seventh Day Adventist organizations and institutions within West Kenya Union conferences. The study employed descriptive research designs. The questionnaire was administered online and data was obtained from 70 respondents. Data was analyzed descriptively using frequencies, means and standard deviations. The findings of the study showed that majority of the participants were male, which represent 61% of the total participants. The overall rating showed that the quality of user of SunPlus accounting software is high with the mean rating of 4.1. The overall rating on financial controls was very high with mean rating of 4.50. The mean score rating of the financial reports generated by the SunPlus accounting software was high. There is a strong positive effect of Characteristics of users of SunPlus software on quality of financial reporting.
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    The Influence of Financial Literacy on Resourceful Preparedness for Retirement among Employees of West Kenya Union Conference Organizations and Institutions
    (Journal of African Interdisciplinary Studies (JAIS), 2021-09) Reu Kingetich Katam; Dr. Jackson Oyaro Ong’eta; Dr. Sara Biru
    Enhancing financial literacy is the greatest need linked to employee resourceful preparedness for retirement. This is because, as the individuals become financially literate, they develop the skills and competence required to make informed choices. On the other hand, the lack of understanding of financial matters cripples economic progress. The study therefore sought to assess the influence of financial literacy on resourceful preparedness for retirement among employees of West Kenya Union Conference organizations and institutions. The study capitalized on descriptive and inferential research design in order to come up with the findings. Stratified random sampling was used to identify the respondents from seven organizations and four institutions found within the territory of West Kenya Union Conference. Questionnaire was administered online and data was obtained from two hundred and forty-one respondents. The first part covered the demographic factors of the respondents, the second section focused on the level of financial literacy, the third segment centered on assessing the level of resourceful preparedness for retirement. Finally, a correlation analysis was carried out in order to determine if there is any relationship between the variables of the study. The results showed that there was a statistically significant positive influence of financial literacy on resourceful preparedness for retirement. The findings further indicated that on the aspects of financial literacy, the respondents were ‘to a great extent’ literate. On the aspects of resourceful prepared for retirement, the respondents are ‘to a great extent’ prepared for retirement. The researcher therefore recommends that all organizations/institutions should formulate policies and develop programs on education and training on financial literacy to progressively equip employees to be resourcefully prepared for retirement.