THE EFFECT OF OUTSOURCING ON MANAGEMENT ACCOUNTING FUNCTIONS
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract:
This study investigates the effect of outsourcing on management accounting functions in Lagos State, Nigeria. The objectives are to: (1) evaluate how outsourcing impacts the efficiency of management accounting activities, (2) assess the influence on cost management and reduction, and (3) analyze the challenges and risks associated with outsourcing management accounting functions. A survey design was chosen to gather comprehensive data from financial managers and accountants in various industries. The sample size, calculated using Taro Yamane's formula, ensures representativeness with a 95% confidence level and a 5% margin of error. Seplat Petroleum Development Company Plc was selected as the case study due to its significant outsourcing activities. The reliability coefficient score of the survey was 0.93. Findings indicate that outsourcing management accounting functions can significantly enhance efficiency and reduce costs but also introduces risks related to data security and quality control. It is recommended that companies in Lagos State develop robust outsourcing frameworks and conduct thorough due diligence to mitigate these risks and maximize the benefits of outsourcing.
Related Project Materials
IMPACT OF URBANIZATION ON ENVIRONMENTAL HEALTH QUALITY
EXCERPT FROM THE STUDY
Probably most of the major environmental problems of the next century will result from the contin...
THE INFLUENCE OF STRATEGIC INNOVATION ON BUSINESS SUCCESS
Abstract:
This study aims to (1) examine the role of strategic innovation in driving business success, (2)...
IMPACT OF COMPUTERIZATION IN MICROFINANCE BANK
ABSTRACT
The study is aimed at determining the impact of computerization of microfinance bank in Nsukka...
THE EFFECT OF SALES PROMOTION ON PRODUCT PERFORMANCE AND MARKET SHARE OF THE ORGANISATION
ABSTRACT
This study was carried out on the effect of sales promotion on product performance and market share of an organ...
AN EVALUATION OF INTERPERSONAL COMMUNICATION AND ITS IMPACT ON AWARENESS LEVEL OF FAMILY PLANNING AMONG RURAL WOMEN IN IMO STATE
Background of the study
Acceptance and usage of family planning among married women in Nigeria has beco...
AN ASSESSMENT OF EXCLUSIVE BREASTFEEDING AND ITS EFFECTIVENESS IN THE DEVELOPMENT OF UNDER 5 CHILDREN
Background of Study
Infant feeding practices are a significant driver of infant nutritional status, whi...
FACTORS THAT REDUCE SAVINGS IN NIGERIA (1980-2010)
ABSTRACT
This study investigates the core leading factors that reduce savings in Nigeria between 1980 -2010 using ordinary Least Square (...
MODELLING ANNUAL MAXIMUM FLOOD OF RIVER KADUNA
ABSTRACT
Records of flooding are increasing due to heavy storm which tend to filled most of the water bodies, thereby overflowing onto th...
THE EFFECT OF AGGRESSION AND VIOLENCE ON ACADEMIC PERFORMANCE OF SECONDARY SCHOOL STUDENTS
Abstract
This paper presents the findings on bullying behaviour among secondary school students in Ogbe Secondary Schoo...
THE CONCEPT OF STATE RECOGNITION UNDER INTERNATIONAL LAW
ABSTRACT
State recognition is one of the oldest practice in international relations, and one of the most vexed concepts in international...
