The Evaluation of Accounting Principles in The Manufacturing Sector (A Case Study of Celest Plastic Industry, Asaba)

ABSTRACT

          In this study the objective of the researcher is to evaluate the accounting principles in the manufacturing sector concentrating on Celest Plastic Industry, Asaba. This is a company that manufactures plastic chair, plastic tables, plastic plates, plastic containers etc. To do this research work the researcher was able to discover that the following were some of the problems militating against the evaluation of accounting principles in the manufacturing company in Celest Plastic Industry, Asaba. Appointment of unqualified accountant to act as account supervisor. Negative attitude of some accountants towards accountability resulting to inadequate keeping of accounting and financial records. Chapter one, it entails the introduction of the study, statement of the problem, objective of the study, scope and limitation of the study, research question and definition of terms.  Chapter two, involve the literature review, who is an accountant, define book-keeping and account differentiated, government accounting define objective of accounting in the public sector, legal basis, nature and some problem of the Nigeria pubic sector accounting. Chapter three, the researcher used questionnaires and oral interview in collecting the necessary data and information required. The sample size was determined and validity and reliability of instruments were shown. Chapter four, the researcher presented and analyzed the data gotten from the questionnaire in order to assess the accounting system of the sector testing of research question and major findings.     Finally chapter five, the researcher after everything, summarized the findings from the data gotten. And resolved into making reasonable recommendations before concluding at last.

TABLE OF CONTENTS

Title                                                                                                   i

Approval                                                                                          ii

Dedication                                                                                       iii

Acknowledgement                                                                            iv

Abstract                                                                                           v

Table of contents                                                                             vi

Chapter One - Introduction

1.1    Background of the study                                                      1

1.2    Statement of problem                                                            4

1.3    Objective of the study                                                            4

1.4    Research Question                                                               5

1.5    Significance of the study                                                        6

1.6    Scope of the Study                                                                6

1.7    Limitation of the Study                                                           7

1.6    Definition of Terms                                                                7

Chapter Two – Introduction – Literature Review                     

2.1    Concept of the Management Accounting                             9

2.2    Financial Statement Analysis                                                12

2.3    Decision Accounting                                                              14

2.4    Throughput Accounting                                                         15

2.5    Management Information System                                        16

2.6    Scope of Accounting Principles                                            17

Chapter Three - Research methodology

3.1    Research design                                                                    19

3.2    Population of the Study                                                         19

3.3    Sample Size                                                                           19

3.4    Sample Techniques                                                              20

3.5    Research Instrument                                                             20

3.6    Validation of Instrument                                                        21

3.7    Reliability of the Instrument                                                  21

3.8    Method of Data Collection                                                    21

3.9    Method of Data Analysis                                                      22

Chapter Four - Data Analysis and Presentation

4.1    Introduction                                                                            23

4.2    Presentation and Analysis of Research Question               23

4.3    Discussion of Finding                                                            31

Chapter Five - Summary Conclusion and Recommendations

5.1    Summary of the Study                                                           32

5.2    Conclusion                                                                             32

5.3    Recommendation                                                                   33

5.4    Suggestion for Further Study                                                34

Bibliography                                                                            35

Appendix                                                                                 37

          Questionnaire                                                                        38