Select Currency
Translate this page

AN EVALUATION OF THE EFFECT OF ACOUNTING RECORDS ON THE PERFORMANCE OF SME IN NIGERIA

Format: MS WORD  |  Chapter: 1-5  |  Pages: 50  |  3825 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

CHAPTER ONE

INTRODUCTION

1.1  BACKGROUND OF THE STUDY

SME’s in Nigeria need the necessary financial back up to improve operations build capacity and grow. But these laudable objectives are besieged with the poor nature with which SME’s are operated and managed. Many SME’s lack accurate financial record of their business operations, the inability to make proper accounting, results to waste and loss of profit. Lack of basic accounting practices in most SME’s in Nigeria tends to compound their financial challenges. Most SME’s can’t access funds because banks and other financiers cannot readily verify their vibrancy and their access to quality projects (Strinwas, 2005) Stigliz and Wass (1981) expressed the view that small and medium scale firms with opportunities to invest in positive net present value project may block from doing so because of adverse selection and moral hazard problems. Such discriminations arise because the SME’s don’t have comprehensive accounting records to be utilized in proper project evaluation and budgeting. In relation to the above are improper investments in both current and fixed assets. The research therefore focuses on appraising the effect of accounting records on the performance of SME’s in Nigeria.

1.2  STATEMENT OF THE PROBLEM

SME’s constitute a large proportion of business segment in Nigeria. Providing employment and playing important roles in the process of industrialization and sustainable economic growth. However the persistent inability of most SME’s to grow and expand business is critically affecting the laudable vision and plan of government to accelerate the rapid development of SME in Nigeria. Government has severally drawn policy measures through financial institutions like banks to provide the needed funding for SME’s. However, lack of basic accounting practice and information in most SME’s tends to compound to their financial challenges. Most SME’s can’t access funds because banks and other financiers cannot readily verify their vibrancy and their access to quality projects as a result of poor and lack of accounting information and records. Therefore the problem confronting this research is to evaluate the effect of accounting information or records on the performance of SME in Nigeria.

1.3  RESEARCH OBJECTIVES

1.     To determine the nature and significance of accounting record.
2.     To determine the nature and significance of SME’s in Nigeria.
3.     To determine the effect of accounting records on the performance of SME’s in Nigeria.
4.     To determine the effect of accounting records on the performance of selected SME’s in Lagos metropolis.

1.4  RESEARCH QUESTIONS

1.     What is accounting records?
2.     What is the nature and significance of SME’s in Nigeria?
3.     What is the effect of accounting records in the performance of SME’s in Nigeria?
4.     What is the effect of accounting records on the performance of selected SME’s in Lagos metropolis?

1.5  STATEMENT OF HYPOTHESIS

Hypothesis 1
Ho the volume of SME’s in Lagos metropolis is low
Hi the volume of SME’s in Lagos metropolis is high
Hypothesis 2
Ho the performance of SME’s in Lagos metropolis is low.
Hi the performance of SME’s in Lagos Metropolis is high
Hypothesis 3
Ho the effect of accounting records on the performance of SME’s in Lagos metropolis is low.
Hi the effect of accounting records on the performance of SME’s in Lagos metropolis is high.
1.6  SIGNIFICANCE OF THE STUDY
1.     The research shall provide a detail appraisal on the nature and significance of accounting information.
2.     It shall appraise the effect of accounting records on the performance of SME’s in Nigeria.
3.     The research shall elucidate the effects of accounting records on the performance of selected SME’s Lagos metropolis.
1.7  SCOPE OF THE STUDY
The research shall evaluate the effect of accounting records on the performance of SME’s in Nigeria.  
1.8  DEFINITION OF TERMS
SME: small and medium-scale enterprise
SME DEFINED: by definition in Nigeria small and medium industries equity investment scheme (SMIEIS) define SME’s as those enterprise with a total capital employed not less than N1.5 million, but not exceeding N200 million including working capital, but exceeding cost of land and or with a stall strength of not less than 10 and not more than 300.
ACCOUNTING INFORMATION: accounting information is the result of business understandings stated in financial terms. Improved accounting information enhances the quality of financial reporting in SME’s. It is the satisfactory aggregation of business activities achieved in forms of records.
OBJECTIVES: objectives specifies what the firm intends to achieve for given period of time objectives are the ends of the business Ansoll (1985) identifies proximate objectives which is concerned with the short term performance of the business, proxy objectives which is concerned with the long term performance of the business and flexibility objective which is concerned with safe guarding against risk and uncertainty.

  DOWNLOAD THE FULL PROJECT

AN EVALUATION OF THE EFFECT OF ACOUNTING RECORDS ON THE PERFORMANCE OF SME IN NIGERIA

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON AN EVALUATION OF THE EFFECT OF ACOUNTING RECORDS ON THE PERFORMANCE OF SME IN NIGERIA INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good
Gbadamosi Solomon Oluwabunmi
Lasu
Swift delivery within 9 minutes of payment. Thank you project master
Excellent
Adam Alhassan Yakubu
UDS
Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best
Excellent
JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
Azeez Abiodun
Moshood Abiola polytechnic
I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes
Very Good
Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on AN EVALUATION OF THE EFFECT OF ACOUNTING RECORDS ON THE PERFORMANCE OF SME IN NIGERIA?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on AN EVALUATION OF THE EFFECT OF ACOUNTING RECORDS ON THE PERFORMANCE OF SME IN NIGERIA?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for AN EVALUATION OF THE EFFECT OF ACOUNTING RECORDS ON THE PERFORMANCE OF SME IN NIGERIA, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!