ABSTRACT
There are so many definitions,
interpretations and importance of accounting records to the development and
improvement of small and medium scale business Enterprises. With this in mind,
this research study is aimed at evaluating the importance of accounting records
and information in the running of small scale business. Efforts have made to
give a comprehensive and straight to the point work on accounting information
and with it bearing they have on decision making processes of any business
organization. Therefore, the researcher applied the financial accounting
system. Cost and management accounting methods in driving home the importance
of accounting records to any business organization with special reference to
Cassa Paper Industries Limited, Ogbe Ahiara Mbaise. This research will also try
to evaluate the information which proper accounting record can provide for
effective management decision, accurate forecasting, planning and control of
activities of small scale Enterprises. Bearing in mid the type of enterprise in
question, the research work identified the types of manufacturing accounts
which re of great use to small scale business. On the same note, some
accounting techniques etc was applied for proper and wise decision by the
management. As it has been established that the success or failure of any
business depends largely on accounting records and information, it therefore
supposes that effective internal control system ensures for adequate and
accurate information, so this study reviewed the extent the internal control
system is of help to small business as a whole and ASSA Paper Industries
Limited in particular. Questionnaires were administered to selected small
business concerns and analyzed and discussions are based on the
finding/responses. In like manner, conclusions were drawn and recommendations
which were considered appropriate in ensuring that effective and adequate
accounting records are maintained by business organization were made.
NWACHUKWU, C (2021). The Significance Of Accounting Records In The Success Of Small Scale Business Organizations . Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/the-significance-of-accounting-records-in-the-success-of-small-scale-business-organizations-7-2
CHRISTY, NWACHUKWU. "The Significance Of Accounting Records In The Success Of Small Scale Business Organizations " Mouau.afribary.org. Mouau.afribary.org, 30 Jun. 2021, https://repository.mouau.edu.ng/work/view/the-significance-of-accounting-records-in-the-success-of-small-scale-business-organizations-7-2. Accessed 01 Nov. 2024.
CHRISTY, NWACHUKWU. "The Significance Of Accounting Records In The Success Of Small Scale Business Organizations ". Mouau.afribary.org, Mouau.afribary.org, 30 Jun. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/the-significance-of-accounting-records-in-the-success-of-small-scale-business-organizations-7-2 >.
CHRISTY, NWACHUKWU. "The Significance Of Accounting Records In The Success Of Small Scale Business Organizations " Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/the-significance-of-accounting-records-in-the-success-of-small-scale-business-organizations-7-2