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
SOCIO-ECONOMIC FACTORS DRIVING THE ENDBADGOVERNANCE PROTESTS IN NIGERIA
SOCIO-ECONOMIC FACTORS DRIVING THE ENDBADGOVERNANCE PROTESTS IN NIGERIA
Chapter One: Introduction
...GOVERNMENT SUPERVISION AND CONTROL OF INSURANCE INDUSTRY IN NIGERIA PROBLEMS AND PROSPECTS
BACKGROUND OF THE STUDY
Insurance is a safe-guard against risks. Any device aimed at reducing th...
AN ASSESSMENT OF THE EFFECTS OF TELEVISION PROGRAMME ON YOUTHS
ABSTRACT
This study probes the influence which Television has on Nigerian yout...
DEVELOPMENT OF A DEEP LEARNING BASED VEHICLE LICENSE PLATE DETECTION SCHEME
ABSTRACT
This research developed a license plate and classification scheme using deep learning architecture which utilized transfer learn...
ASSESSING THE BENEFITS OF EARLY CHILDHOOD EDUCATION ON CONFLICT RESOLUTION SKILLS
ABSTRACT: This study assessed the Benefits of Early Childhood Education on Conflict Resolution Skills. The o...
OBESITY AND IT IMPLICATIONS AMONG RURAL ADULT
BACKGROUND OF THE STUDY
In affluent societies, obesity is the most common nutritional disorder. Obesity...
THE INFLUENCE OF CUSTOMER SERVICE ON SALES RETENTION
THE INFLUENCE OF CUSTOMER SERVICE ON SALES RETENTION
This research explores the influe...
THE EFFECT OF REGULATORY CHANGES ON GOVERNMENTAL ACCOUNTING STANDARDS
ABSTRACT: THE EFFECT OF REGULATORY CHANGES ON GOVERNMENTAL ACCOUNTING STANDARDS
This research examines the effect of regulatory changes o...
THE ROLE OF PLAY-BASED LEARNING IN DEVELOPING PROBLEM-SOLVING SKILLS
Abstract: This study examines the pivotal role of play-based learning in nurturing problem-solving skills du...
THE ROLE OF TELEVISION ON EDUCATING THE PUBLIC ON THE PREVENTIVE MEASURES AGAINST THE SPREAD OF CORONA VIRUS IN NIGERIA
ABSTRACT
This study delves into findings of the role of television on Educa...
