Factors Affecting Transport Infrastructure Accounting in County Governments: Case Study of Nairobi County.
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Date
2016Author
Akhonya, Fredrick, I
Type
ThesisLanguage
enMetadata
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Transport infrastructure is a critical ingredient in economic development at all levels of income. It supports personal well-being and economic growth. Transport infrastructure plays a role as a capital input into production and wealth generation. The purpose of this study is to examine the factors that affect the effective transport infrastructure accounting with the following objectives, to examine the role of valuation (allocation of cost) and depreciation in transport infrastructure accounting, examine the role of maintenance, repairs and operations in transport infrastructure accounting, examine the role of proper financial reporting in transport infrastructure accounting. A case study of Nairobi County has been conducted to accomplish this. The method is based on a qualitative approach applied the descriptive survey design. A total of 50 interviews were conducted. The interviewees possess different positions within the company, ranging from the top management down through the junior staffs. The study concludes that Maintenance and repairs, proper financial reporting, valuation and depreciation affect transport infrastructure accounting. Having established the factors that affect transport infrastructure accounting, the study recommends that organizations should update their departmental asset valuation and depreciation registers regularly for effective recording keeping and ideal asset valuation. The study also recommends proper financial reporting by organizations to ensure the availability of useful financial statements that are accurate, faithful to the financial circumstances and can be produced in time to help the decision-making process.
Publisher
University of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
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