EFFECTIVENESS OF ACCOUNTING SYSTEM IN SMALL AND MEDIUM SCALE INDUSTRIES IN ABIA STATE (A CASE STUDY OF SOME SELECTED FIRMS INABA).

ALAFUDIKE UCHE CHARLES MOUAU/04/4333 | 71 pages (12708 words) | Projects

ABSTRACT

Information  is  indispensable  for  the  success   and  the .    survival  of  any organization.     Accounting  information form the bulk of information requirement   in  making·  management  decisions.       The  extent  at  which accounting  information  will  be produced-depend     on the proper usage of accounting   system. The   study   is·.·.~p.tered    on  the   Effectiveness   of Accounting Systems _in  the running ofsmall and medium scale industries in Abia State. The study carries out an evaluation as to whether the small-scale industries can operate successfully for a relatively long period of time in the absence of any accounting system. The study also reveals how Auditing and investigations  can  help  to  reveal  the  errors  and  inconsistencies  in  the financial statement produced from the accounting system in other to enable a true and fair view of the business position  at any point in time.   The study also makes recommendations  on how· to  revert the negative trend of the industries not using accounting systems by making recommendations to 'the accounting regulating bodies in Nigeria  such  as the embark on a massive training programs for such industrialist  in other to enable them realize full, the usefulness of accounting systems intheir various establishments .


TABLE OF CONTENTS

Declaration 

Certification 

Dedication 

Acknowledgement 

Table of Contents 

Abstract


CHAPTERONE

INTRODUCTION

1.1 BACKGROUND   OF THE STUDY 1

1.2 STATEMENT   OF THE PROBLEM· 4

1.3 OBJECTIVES   OF THE STUDY 6

i .4 RESEARCH   QUESTIONS 6

1.5 HYPOTHESIS 7

1.6 LIMITATIONS   OF THE STUDY. 7

1. 7 SIGNIFICANCE   OF THE STUDY 8


CHAPTE.R:  ...TWO

LITERA  TlJ-RE :REVIEW

2.1        THE ROLE  OF ACCOUNTING   SYSTEM  IN MANAGEMENT  DECISION  ~G                                                   9

2.2      ACCOUNTING   SYSTEM  AS A MANAGEMENT   TOOL FOR CONTROLLING   COST                                                            12

2.3       PARAMETERS   FOR MEASURING   THE EFFICIENCY   OF A GOOD  ACCOUNTING   SYSTEM                                                16

2.4      THE ACCOUNTING  CYCLE                                                           16

2.5      THE SINGLE  ENTRY  SYSTEM                                                      17

Effectiveness of Accounting Systemin Small and MediumScaleIndustriesin AbiaStale

By AlafudikeUche Charles

2.6       THE DOUBLE  ENTRY  PRINCiPLES                                              18


CHAPTER·  THREE

R. ESEARCH  Mii°tii. .ODOLOGY

3.1        RESEARCHDESIGNS                                                                        20

3.2     POPULATION   SAMPLE  AND SAMPLING  TECHNIQUES      21

3.3      "METHOD OF DATA  COLLECTION

3.4     AREA  OF STUDY

3.5        INSTRUMENT   OF DATA  COLLECTION

3.6       VALIDATIONOFTHEINSTR~NT

3.7       RELIBAILITY   OF THE INSTRUMENTS

3.8      METHOD  OF DATA ANALYSIS'··


CHAPTER FOUR

ANALYSIS AND INTERPRETATION   OF DATA

4.1       ANALYSIS  OF RESEARCH  QUESTIONS                                    26

4.2       QUESTIONNAIRE   DISTRIBUTION   AND COLLECTION        26

4.3      TESTING  OF HYPOTHESIS                                                             31

4.4      FINDINGS  OF THE STUDY                                                            40

4.5       DISCUSSION   OF THE STUDY., .' :  .....                                                                                                            40


.CHAPTE~   FIVE

SUMMARY,.CONCLUSIONS     AND RECOMMENDATIONS

5 .1       STATEMENT   OF THE PROBLEM                                                 43

5.2      SUMMARY  OF THE PROCEDURES   USED IN THE STUDY 43

5.3      SUMMARY  OF THE FINDINGS                                                     44

5,4     LIMITATIONS   OF THE STUDY                                                    45

5.5       IMPLE"MENTATIONS  OF THE . STUDY                                       46

5.6     CONCLUSION                                                                             46

5.7      RECOMMENDATION                                                                 47

5.8      SUGGESTION FOR FUTURE RESEARCH                              48

APPENDIX                                                                                              49

LIST OF INDUSTRIES   FOR STUDY                                                        54

BIBLIOGRAPHY                                    .  ; ....                                                                 

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APA

ALAFUDIKE, M (2020). EFFECTIVENESS OF ACCOUNTING SYSTEM IN SMALL AND MEDIUM SCALE INDUSTRIES IN ABIA STATE (A CASE STUDY OF SOME SELECTED FIRMS INABA).. Repository.mouau.edu.ng: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/effectiveness-of-accounting-system-in-small-and-medium-scale-industries-in-abia-state-a-case-study-of-some-selected-firms-inaba

MLA 8th

MOUAU/04/4333, ALAFUDIKE. "EFFECTIVENESS OF ACCOUNTING SYSTEM IN SMALL AND MEDIUM SCALE INDUSTRIES IN ABIA STATE (A CASE STUDY OF SOME SELECTED FIRMS INABA)." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 25 Mar. 2020, https://repository.mouau.edu.ng/work/view/effectiveness-of-accounting-system-in-small-and-medium-scale-industries-in-abia-state-a-case-study-of-some-selected-firms-inaba. Accessed 23 Dec. 2024.

MLA7

MOUAU/04/4333, ALAFUDIKE. "EFFECTIVENESS OF ACCOUNTING SYSTEM IN SMALL AND MEDIUM SCALE INDUSTRIES IN ABIA STATE (A CASE STUDY OF SOME SELECTED FIRMS INABA).". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 25 Mar. 2020. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/effectiveness-of-accounting-system-in-small-and-medium-scale-industries-in-abia-state-a-case-study-of-some-selected-firms-inaba >.

Chicago

MOUAU/04/4333, ALAFUDIKE. "EFFECTIVENESS OF ACCOUNTING SYSTEM IN SMALL AND MEDIUM SCALE INDUSTRIES IN ABIA STATE (A CASE STUDY OF SOME SELECTED FIRMS INABA)." Repository.mouau.edu.ng (2020). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/effectiveness-of-accounting-system-in-small-and-medium-scale-industries-in-abia-state-a-case-study-of-some-selected-firms-inaba

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