ABSTRACT
The overall objective of this
research work is to evaluate accounting as a tool for the management and
development of small scale business enterprises, and the extent to which proper
accounting records improve the growth and management of corporate entities. The
work was based on a case study of selected small scale business enterprises in
Aba, Abia State. In the course of this research work, responses to the
questions in the questionnaire were analyzed and interpreted. Also a test of
hypothesis is carried out. The result of the research support the assertion
that small scale businesses that maintain proper accounting records do not
experience problems in their growth. It was discovered that improper accounting
records resulting from insufficient funds to maintain functional accounting
department is the major factor responsible for poor management, low
productivity and limited growth in these organizations. Consequent upon the
findings, the researcher strongly recommends that; Small scale business
enterprises should increase their capital base. They should employ the right caliber of management staff in their organizations like qualified accountants
to handle their books and financial records. They should main proper budgetary
system. They should carryout stock taking often and keep them in records so as
to know when there is loss of stock, They should maintain proper records of their
financial transaction.
OLEH, R (2021). Accounting As A Tool For The Management And Development Of Small Scale Business Enterprises . Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/accounting-as-a-tool-for-the-management-and-development-of-small-scale-business-enterprises-7-2
REBECCA, OLEH. "Accounting As A Tool For The Management And Development Of Small Scale Business Enterprises " Mouau.afribary.org. Mouau.afribary.org, 06 Jul. 2021, https://repository.mouau.edu.ng/work/view/accounting-as-a-tool-for-the-management-and-development-of-small-scale-business-enterprises-7-2. Accessed 01 Nov. 2024.
REBECCA, OLEH. "Accounting As A Tool For The Management And Development Of Small Scale Business Enterprises ". Mouau.afribary.org, Mouau.afribary.org, 06 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/accounting-as-a-tool-for-the-management-and-development-of-small-scale-business-enterprises-7-2 >.
REBECCA, OLEH. "Accounting As A Tool For The Management And Development Of Small Scale Business Enterprises " Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/accounting-as-a-tool-for-the-management-and-development-of-small-scale-business-enterprises-7-2