Mobilizing Domestic Revenue: A Two Decade's Analysis of Ghana's Domestic Tax Revenue Collection

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dc.contributor.author	ICAG
dc.date.accessioned	2022-06-24T14:27:22Z
dc.date.available	2022-06-24T14:27:22Z
dc.date.issued	2022-04
dc.identifier.uri	http://41.66.247.10:8080/xmlui/handle/123456789/419
dc.description	THE PROFESSIONAL ACCOUNTANT - OFFICIAL JOURNAL OF THE INSTITUTE OF CHARTERED ACCOUNTANTS, GHANA	en_US
dc.description.abstract	With the global economy facing economic headwinds from the corona pandemic coupled with a gradual decline in official development assistance (ODA), the dialogue on domestic revenue mobilisation in Africa has been brought to the fore. Revenue is pivotal to the economic development of any country. Countries that can raise higher revenues are better positioned to invest in public goods in critical sectors such as infrastructure, health, and education. Conversely, a country that collects low revenue will face challenges in fiancing investments in public goods. In conclusion, There is a heightened awareness worldwide that effective corporate governance as manifested by transparency, accountability as well as the just and equitable treatment of shareholders is now a pre-requisite towards efforts to promote sustainable development. The writer posits that, there is a need for both public (as represented by governments) and private sector partnership to raise the awareness of the importance of corporate governance improvements and to assist in implementing corporate governance reform. However such efforts must be mindful of the fact that each country has its own culture as well as differing social and economic priorities. The causes and consequences of wars have been the central concerns of international politics, and major concerns in economic activities. Scholars and policy makers alike have good reason to learn more about the effects of war and other forms of international conflct. Practitioners have suggested that war is nothing but a continuation of political intercourse with a mixture of other means. We should evaluate war much as we evaluate those other means. Wars occur frequently and can have massive effects on individuals, groups, nations, and international systems. Thus, knowledge of the likely consequences of conflict is necessary for those who would use rational choice models of conflict initiation. The writer discusses the causes, effects, beneficiaries and impacts of Ukraine-Russia war on the world economy. The audit function has been touted generally as an indispensable element in ensuring economic, effective and efficient management of public finances and improving public performance and accountability. Generally, audit can be defied as an examination and verification of a company’s financial and accounting records and supporting documents by an independent professional against established criteria and communicating the results to interested parties. Principally, there are two professionals who are responsible for conducting an audit of an entity’s financial and non-financial records namely; the internal auditor and the external auditor. Despite few differences between the two professionals, there are myriads of similarities between them. The writer discusses the similarities and differences between internal auditor and external auditor and mentions how the two can corroborate to achieve the success of an organization. These and many more others are presented in this edition. You may submit your comments and contributions on this edition to: ofori.henneh@icagh.com or abigail.armah@icagh.com	en_US
dc.description.sponsorship	Ernest Yaw DENKYIRA, ICAG Library	en_US
dc.language.iso	en	en_US
dc.publisher	Institute of Chartered Accountants, Ghana	en_US
dc.relation.ispartofseries	APRIL/JUNE 2022;2022 2nd Quarter
dc.subject	ICAG Members Journal Mobilizing Domestic Revenue: A Two Decade's Analysis of Ghana's Domestic Tax Revenue Collection ERNEST YAW DENKYIRA	en_US
dc.title	Mobilizing Domestic Revenue: A Two Decade's Analysis of Ghana's Domestic Tax Revenue Collection	en_US
dc.type	Article	en_US