Prospects And Challenges Of Accounting In Small Scale Industries In Umuahia
ABSTRACT
This study examined survey results on the
Prospects and challenges of accounting in small scale industries within the
Umuahia, capital city of Abia state, Nigeria. Findings revealed that basic
book-keeping practices were not in operation in many of the enterprises with
majority (52%) frequently seeking external assistance in their business
accounting wise. Also, the absence of control systems has contributed significantly
to their exposure to lapse, perceived misappropriations and reported losses
with the micro business segment being the worse affected. Future research and policy
directions in respect of training and capacity development targeting specifically
business segment differences and needs have been recommended.
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NWACHUKWU, A (2021). Prospects And Challenges Of Accounting In Small Scale Industries In Umuahia. Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/prospects-and-challenges-of-accounting-in-small-scale-industries-in-umuahia-7-2
ABUMNKECHUKWU, NWACHUKWU. "Prospects And Challenges Of Accounting In Small Scale Industries In Umuahia" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 23 Nov. 2021, https://repository.mouau.edu.ng/work/view/prospects-and-challenges-of-accounting-in-small-scale-industries-in-umuahia-7-2. Accessed 24 Nov. 2024.
ABUMNKECHUKWU, NWACHUKWU. "Prospects And Challenges Of Accounting In Small Scale Industries In Umuahia". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 23 Nov. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/prospects-and-challenges-of-accounting-in-small-scale-industries-in-umuahia-7-2 >.
ABUMNKECHUKWU, NWACHUKWU. "Prospects And Challenges Of Accounting In Small Scale Industries In Umuahia" Repository.mouau.edu.ng (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/prospects-and-challenges-of-accounting-in-small-scale-industries-in-umuahia-7-2