ABSTRACT
The study examined the role of accounting system in
nonprofit organi1th spec interest on Redeemed Christian of God, World Bank
Province, Umuahia, A1• in a bid tO achieve the aim of the study, the following
specific objectives were pursuich were to; ascertain the extent to which the
organization has installed an accountinçfl determine the effect of accounting
system on the financial activities of the organizaam if the adoption of
accounting syitem enhances accountability and transpareni identifY the ctors
that constrain the accounting system of the organization. The stucijwed
relevant ted literatures that pertains to the topic under review, which
provided 1d kno ed9e i accounting system and the how the nonprofit making
organizatic4er review is utilizing it to achieve desired objectives. The sample
size of the study i0 which was derived from the population (100) of the study using
Taro Yameneformuldted in chapter three of the work. The research design adopted
in the course of the study wrvey research; which involved the distribution of
questionnaire to 80 respondents to gene relevant data for the analysis. The
data was analyzed using simple descriptive statistnd Analysis of Variance to
test the significant of the formulated null hypotheses. The re of the analysis
provided the following findings: There is a significant relationship betwee,° U
n ti fl9 system and financial activities of the organization, The adoption of
accounting sjm does enhance the accountability and transparency of financial
records and activities the Church, The attitude of senior officials of the
Church towards accounting system is negve and The use of accounting system has
a strong effect on the financial activities of the orgiZati0Thi the use of
accounting system shows the financial records, actual income and penditUre of
the organization. Based on the findings, the researcher made the
foIlowinIecOmme 0tb0 1 business organizations either profit oriented or not
should intensi,51 th use of accounting system within various units of the
organization since it ensures the ejciency of financial activities, accounting
system should be adopted by nonprofit organ izdofl to enhance the
2ccountability and transparency of financial records and activities of
rgafliZatiOfls, senior officials of the Church should develop a positive
attitude towards accouting system owing to its notable contribution to the
growth and development of the Chura, accounting system should be used by
organizations in record keeping and auditing offiruncial activities since it
shows the financial records, actual income and expenditure of the organ(zation
and adequate training should be given to senior pastors, treasurers and
financial secretary of the church in order to increase their performance and
effective use of established accounting system lfl the church.
AMUZOR, A (2021). Appraisal Of Accounting System In Non Profit Organization (A Study Of The Redeemed Christian Church Of God Abia Province World Bank Housing Estate, Umuahia). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-accounting-system-in-non-profit-organization-a-study-of-the-redeemed-christian-church-of-god-abia-province-world-bank-housing-estate-umuahia-7-2
AWELE, AMUZOR. "Appraisal Of Accounting System In Non Profit Organization (A Study Of The Redeemed Christian Church Of God Abia Province World Bank Housing Estate, Umuahia)" Mouau.afribary.org. Mouau.afribary.org, 18 Nov. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-accounting-system-in-non-profit-organization-a-study-of-the-redeemed-christian-church-of-god-abia-province-world-bank-housing-estate-umuahia-7-2. Accessed 28 Nov. 2024.
AWELE, AMUZOR. "Appraisal Of Accounting System In Non Profit Organization (A Study Of The Redeemed Christian Church Of God Abia Province World Bank Housing Estate, Umuahia)". Mouau.afribary.org, Mouau.afribary.org, 18 Nov. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-accounting-system-in-non-profit-organization-a-study-of-the-redeemed-christian-church-of-god-abia-province-world-bank-housing-estate-umuahia-7-2 >.
AWELE, AMUZOR. "Appraisal Of Accounting System In Non Profit Organization (A Study Of The Redeemed Christian Church Of God Abia Province World Bank Housing Estate, Umuahia)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-accounting-system-in-non-profit-organization-a-study-of-the-redeemed-christian-church-of-god-abia-province-world-bank-housing-estate-umuahia-7-2