I will pay for the following essay An Evaluation of Enterprise Risk management value to banking sector of Zimbabwe. The essay is to be 22 pages with three to five sources, with in-text citations and a reference page.

Population and Sample 20 7.3. Data collection instruments, sources and procedures 21 7.4. Data analysis and procedure 23 8. Time Frame and Budgetary Consideration 24 References 26 Bibliography 29 1. Introduction and Background to the Research The Zimbabwean economy has faced tremendous challenges in the banking sector after the liquidity crisis of 2003. The consequences of liquidity crisis declined the purchasing power of Zimbabwean currency at the level of 1953. As a consequence, the people who were extremely poor had to pay with their lives due to inability to cope with persistence economic shock. The Government of Zimbabwe has often been found to make the drought or the macro-economic factors responsible for the liquidity crisis. According to the Reserve Bank the main causes that triggered solvency and liquidity crisis were poor corporate governance, inadequate risk management, rapid expansion, overstatement of capital, creative accounting, speculative trades, high level of non-performing assets, and unsustainable earnings. At the beginning of the year 2009, the multi currency system was adopted by the Government of Zimbabwe that preferred Pound, US$, and Rand as means of transaction by business entities and public. This was mainly because the local currencies had become almost useless since the year 2008. The gradual shift from local currencies to convertible currencies brought more stability in business with the financial statements and budgeting. But these changes have also been found to create severe implications in the field of accounting. The most important business implication is conversion of Zimbabwean Dollar in US$. These challenges of opening of economy for trading in convertible currencies would require adoption of global accounting standards such as need of consulting IFRS or IAS. Other issue including revenue recognition and measurement, financial instruments, and impairment of assets makes the business enterprises vulnerable to significant risk. The concept of Enterprise Risk Management and its value addition will help the researcher to reveal as to why and how much important is evaluation Enterprise Risk Management value to banking sector of Zimbabwe in today’s competitive and globalised markets. The purpose of the study will be evaluation of Enterprise Risk Management value to banking sector of Zimbabwe which can be achieved by conducting online based questionnaire and interviews through video calls in case the face to face interview is not possible. The researcher may choose appropriate representatives of sample companies and hence conduct the interviews. The most desirable target interviewee is probably the senior management of the sample companies representing banking sector of Zimbabwe. This is because all strategic decisions are implemented at the top level of management. The three basic reasons for which the study topic can be considered as important are as follows: The concept of traditional risk management has evolved during the years and it is necessary for every academician and professional to be acquainted with the current changes that are applicable The multi-currency system of Zimbabwe and implications in the banking sector after adapting convertible currency for business transactions The impact of gradual shift from local currency to globally convertible currencies in the banking sector of Zimbabwe The study will help the researcher to address all the motivating factors listed above that created an interest for the research.

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