Abstract
Purpose: Financial deepening linked to Kenya’s financial ingenuity, M-Pesa has positively impacted livelihoods. The study examined accounting implications on financial deepening in Kenya’s Kitui County. Design/methodology/approach: This was a case study design survey and sought to examine the complex relationship between accounting and financial deepening in Kitui County. Findings: Based on the results, the overall fitted model was significant F (3, 26) = 6.634, p < .05, R2 = .434). This clearly showed that accounting for costs, revenue, and balance sheet items had a positive significant impact on financial deepening which enhanced the livelihoods of the shop owners. Originality/Value: Mobile platforms have created an opportunity and enhanced financial deepening in many of Africa's rural setups such as Kitui County in Kenya. However, financial deepening can only be sustained through wealth creation or profit maximization. This implies that mobile platforms are means and not the end, hence the need to examine accounting and financial deepening relationships.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
