Assessment of professional perceptions in business evaluation in South Africa

Abstract

This paper seeks to evaluate proficient perceptions within business assessments in South Africa, where such perceptions play a significant role in the evaluation process, encompassing the selection of standards and the establishment of evaluation frameworks. The evolving economy of South Africa is marked by fluctuating economic circumstances and potential growth, compounded by inadequate benchmarks and a scarcity of relevant market information. Forecasting growth rates are further complicated by macroeconomic uncertainties, leading to a reliance on proficient perceptions when industry-specific guidelines and easily comprehensible alternatives to the Capital Asset Pricing Model (CAPM) are lacking. A mixed-methods strategy is employed in this study, combining quantitative and qualitative data, along with surveys set benchmarks for business assessments. The outcomes reveal that modifications based on judgment are necessary for variables like organizational size due to the absence of CAPM alternatives. This study stresses the importance of translating scholarly discoveries into practical applications, emphasizing the challenges and uncertainties that call for proficient perceptions in business evaluations. It advances the comprehension of these obstacles and proposes that further exploring macroeconomic variables and industry-specific guidelines could offer valuable insights. The study suggests that biases in evaluations, influenced by client interests, present a promising area for future inquiry.

Keywords: {'name': 'Proficient perception, Business evaluation, cash flow, growth rate and Macroeconomic factors'}

Authors & affiliations

Kansilembo Freddy Aliamutu
Affiliation not supplied

Kerry-lee Gurr
Affiliation not supplied

Deposited references

Supplied references, not a list of publications citing this article.

DOI: 10.14254/jems.2024.9-1.7

DOI: 10.24815/jaroe.v7i1.34501

DOI: 10.47540/ijias.v4i1.1259

Barac, K. (2009a). South African training officers' perception of skills requirements for entry-level trainee accountants. Southern African Business Review, 13, 61-86.

DOI: 10.1108/10222529200900010

DOI: 10.20853/36-2-4170

DOI: 10.4314/jlt.v45i2.9

DOI: 10.21511/bbs.12(2).2017.05

DOI: 10.1080/0309877X.2020.1860204

DOI: 10.1108/00400911111147677

DOI: 10.1108/JEDT-10-2021-0571

DOI: 10.4314/jlt.v41i1.6078

DOI: 10.5539/ijbm.v5n10p128

DOI: 10.3390/educsci11100641

DOI: 10.4102/sajhrm.v22i0.2365

DOI: 10.15700/saje.v41ns1a2156

DOI: 10.1080/10291954.2019.1662575

DOI: 10.4102/sajip.v46i0.1778

DOI: 10.1002/j.1681-4835.2014.tb00461.x

DOI: 10.1108/PM-04-2014-0021

DOI: 10.1080/10911359.2020.1799899

DOI: 10.1007/s12134-019-00704-w

DOI: 10.1080/01446193.2001.10383092

DOI: 10.1080/0376835X.2021.1978932