The Effect of Proper Accounting Record in Small and Medium Scale Enterprises (A Case Study of Excel Pure Water Company Oleh Delta State)

ABSTRACT

The focus of this work is to determine the effects of proper accounting records in small and medium scale profit making enterprises. The work is designed to know origin of commercial activities, that is, the trade by barter system, and also the origin of accounting and how proper accounting records help the management and user to evaluate the business. It became necessary for managers to render proper accounts to owners of the business who did not take part in running of the business. This art rendering accounts by managers to owners of the business are know as stewardship accounting. It also have a biblical back up in the Gospel according to St. Matthew Chapter 25 v 14 – 30. The introductory part of this work deals with the basic background and research problems and the hypothesis formulation. The theoretical foundation which constitutes the second part takes a look at previous work on the subject under study. The research methodology which consist of the sample size, instrumentation and technique forms the block of chapter three (3) of this research the analysis, finding and discussion of the data collected are contained in chapter four. Discussion on the findings concludes the part of research projects. Finally, the last part of this research project is the conclusion and recommendation.

TABLE OF CONTENT

Titlei

Approval ii

Dedicationiii

Acknowledgementiv

Abstractv

Table of contentiv

CHAPTER ONE

INTRODUCTION1

1.1Background of the study1

1.2Statement of the problem5

1.3Purpose of the study6

1.4Significance of the study6

1.5Research question7

1.6Hypothesis formulation8

1.7The scope/delimitation of the study8

1.8Assumption of the study9

1.9Operational definition of terms9

CHAPTER TWO

LITERATURE REVIEW12

2.1Introduction12

2.2Summary of literature39

CHAPTER THREE

RESEARCH METHODOLOGY44

3.1Design of the study44

3.2Area of the study44

3.3Population of the study44

3.4Instruments for data collection45

3.5Method of data analysis45

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS OF DATA46

4.1Test of Hypothesis54

CHAPTER FIVE

SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION

5.1Summary of finding56

5.2Conclusion57

5.3Recommendation58

References

Appendix