Problem And Prospect Of Auditing Small And Medium Scale Enterprises In Nigeria

KENNETH IFEANYI ONWUZURUIKE | 61 pages (12998 words) | Projects

ABSTRACT

This study focused on the problems and prospects of auditing small and medium scale enterprises in Nigeria. The non-adoption of audit as a tool for financial accountability in enterprises organisation have resulted to the loss of finance through fraud in many organisations/firms. The population of study used in this work is the staff of Saclux Industries Nigeria Ltd. Roxama Industries Ltd and Star Bag Nigeria Ltd with 67 questionnaires distributed to them and were all returned by the respondents. The statistical instrument used ias descriptive statistics where the percentage and frequency of the respondents to each question was used for the analysis. In carrying out the hypothesis testing, Analysis of variance (ANOVA) was used to test the hypothesis at 0.05 level of significance. The study found out that auditing of small and medium scale enterprises has economic importance. The researcher then recommends that small and medium scale enterprise should adopt audit in other to terminate the problem of non -accountability in public sector, reduce fraud and improve the economy. Since the adoption is of great economic importance.

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APA

KENNETH, O (2021). Problem And Prospect Of Auditing Small And Medium Scale Enterprises In Nigeria. Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/problem-and-prospect-of-auditing-small-and-medium-scale-enterprises-in-nigeria-7-2

MLA 8th

ONWUZURUIKE, KENNETH. "Problem And Prospect Of Auditing Small And Medium Scale Enterprises In Nigeria" Mouau.afribary.org. Mouau.afribary.org, 22 Sep. 2021, https://repository.mouau.edu.ng/work/view/problem-and-prospect-of-auditing-small-and-medium-scale-enterprises-in-nigeria-7-2. Accessed 01 Nov. 2024.

MLA7

ONWUZURUIKE, KENNETH. "Problem And Prospect Of Auditing Small And Medium Scale Enterprises In Nigeria". Mouau.afribary.org, Mouau.afribary.org, 22 Sep. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/problem-and-prospect-of-auditing-small-and-medium-scale-enterprises-in-nigeria-7-2 >.

Chicago

ONWUZURUIKE, KENNETH. "Problem And Prospect Of Auditing Small And Medium Scale Enterprises In Nigeria" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/problem-and-prospect-of-auditing-small-and-medium-scale-enterprises-in-nigeria-7-2

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