ABSTRACT
For a company to ensure and establish its existence as a
going concern, it must aim at a good profitability scheme. In order words
called profit optimization. This can only be achieved through efficient use of
a good accounting system. As such, this research study comprises how effective
and efficient the instruments of good accounting system have efficiently
applied in manufacturing firms or companies using and the impact of this good
accounting system, detecting their various effects and valuation of their
performance. The study bears the following problem which expected to be
analyzed and suggested solution will be offered, such problems include, a good
accounting system may be insufficient based on some predicaments in an
organization. These predicaments may include lack of segregation and assignment
of duties to accounting staff. In order to achieve success in carrying out the
study, various types of data collection methods were used, which forms the
primary data also observations were made to equip the primary data collected.
The secondary data collected includes, document materials both published and
publishers' books, Journals, magazines and annual reports etc. Analyses of data
were made, with the aid of seventy (70) questionnaires administered to the
respondents. Responses were analyzed and decisions taken. The two hypotheses
tested for the study with aid of chi- square (x2) model technique includes the
following: HO1: A good accounting system has no significant effect on the
performance of the company. H02: Inadequate accounting system does not have any
profitable effects on the company. Findings were made also in the study, these
findings includes: a) That a good accounting system has significant effect on
the performance of the company also that inadequate accounting system have any
profitable effects on the company, that the company has inadequate manpower
that majority of w9rk qulifid taff$, that inad©quucies in the design of
accounting system bring decline in the profitability rate of a company.
ONUNKWO, O (2021). Appraisal Of The Relevance Of Good Accounting System In Manufacturing Company In Nigeria (A Study Of Unilever Plc Aba). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-the-relevance-of-good-accounting-system-in-manufacturing-company-in-nigeria-a-study-of-unilever-plc-aba-7-2
OBIANUJU, ONUNKWO. "Appraisal Of The Relevance Of Good Accounting System In Manufacturing Company In Nigeria (A Study Of Unilever Plc Aba)" Mouau.afribary.org. Mouau.afribary.org, 14 Oct. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-the-relevance-of-good-accounting-system-in-manufacturing-company-in-nigeria-a-study-of-unilever-plc-aba-7-2. Accessed 28 Nov. 2024.
OBIANUJU, ONUNKWO. "Appraisal Of The Relevance Of Good Accounting System In Manufacturing Company In Nigeria (A Study Of Unilever Plc Aba)". Mouau.afribary.org, Mouau.afribary.org, 14 Oct. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-the-relevance-of-good-accounting-system-in-manufacturing-company-in-nigeria-a-study-of-unilever-plc-aba-7-2 >.
OBIANUJU, ONUNKWO. "Appraisal Of The Relevance Of Good Accounting System In Manufacturing Company In Nigeria (A Study Of Unilever Plc Aba)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-the-relevance-of-good-accounting-system-in-manufacturing-company-in-nigeria-a-study-of-unilever-plc-aba-7-2