Turnaround for municipal distress resolution: An audit outcomes approach

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Turnaround for municipal distress resolution: An audit outcomes approach

Published in: South African Journal of Accounting Research
Volume 38 , issue 2 , 2024 , pages: 174–208
DOI: 10.1080/10291954.2023.2294536
Author(s): Mariska McKenzie University of Johannesburg, South Africa , Ben Marx University of Johannesburg, South Africa
Keywords: municipality , distress , turnaround , strategy , audit outcomes , audit report
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Abstract

Purpose: This research study aims to identify effective turnaround strategies that can resolve municipal financial distress by improving the audit outcomes of dysfunctional municipalities.
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