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Effect of Budgeting and Financial Awareness on Sustainability of Small and Medium Enterprises in South Africa during the COVID-19 Era

Thabiso Sthembiso Msomi () and Odunayo Magret Olarewaju ()
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Thabiso Sthembiso Msomi: Durban University of Technology
Odunayo Magret Olarewaju: Durban University of Technology

The Journal of Accounting and Management, 2021, issue 3(11), 61-75

Abstract: The objective of this study is to examine the effect of budgeting and financial awareness on sustainability of small medium enterprises. The quantitative research method was adopted for this study and the purposive sampling technique was chosen to select the participants for this study. The study collected primary data from respondents who are owners of SMEs in the retail, construction, manufacturing sectors, etc and the data was analysed using SPSS.

Keywords: Budgetary control; financial performance; financial decisions; financial strategies; small business (search for similar items in EconPapers)
Date: 2021
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Handle: RePEc:dug:jaccma:y:2021:i:3:p:61-75