0704-883-0675     |      dataprojectng@gmail.com

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

EFFECT OF TREASURY SINGLE ACCOUNT ON MANAGEMENT OF PUBLIC FUNDS

EXCERPT FROM THE STUDY

The primary objective of a TSA is to ensure effective aggregate control over government cash bala...

Read more
PROBLEMS AND PROSPECTS OF MAIZE PRODUCTION

ABSTRACT

This study was specially designed to find the problems and prospects of maize production in Kaduna State. In carrying out this s...

Read more
AN APPRAISAL OF FREEDOM OF INFORMATION ACT IN NIGERIA

EXCERPT FROM THE STUDY

That there is a growing awareness of journalists on the FOIA. This is not coming as a surprise as journalists a lo...

Read more
THE IMPACT OF COST MANAGEMENT ON BUSINESS PROFITABILITY

ABSTRACT

THE IMPACT OF COST MANAGEMENT ON BUSINESS PROFITABILITY

This study aims to investigate the impact of cost management o...

Read more
SCREENING FOR SOURCE-SINK POTENTIALS IN SOME SWEET POTATO (Ipomoea batatas(L.)Lam.) LINES IN JOS – PLATEAU, NIGERIA.

ABSTRACT

Fourteen (14) sweet potato (Ipomoea batatas(L.)Lam.) clones, TIS.8441, ExIgbariam, TIS.86/0356, TIS.86/0306, TIS.2271, TIS.2532....

Read more
THE IMPACT OF EARLY CHILDHOOD EDUCATION ON PARENTAL EMPLOYMENT PATTERNS

ABSTRACT: This study investigated the Impact of Early Childhood Education on Parental Employment Patterns. The ob...

Read more
A CRITICAL ANALYSIS OF THE ACTIVITIES OF FULANI HERDSMEN AND ITS IMPLICATION ON COMMUNITY DEVELOPMENT IN NIGERIA

BACKGROUND OF THE STUDY

The Fulani are the biggest ethnic group in the Sahel, with a population of 20 t...

Read more
THE ROLE OF FINANCIAL INSTITUTIONS IN EXPORT FINACNING IN NIGERIA FROM 2006 – 2012

ABSTRACT

The primary objectives of this study was to examine how the financial institution export finance in Nigeria using First Bank of...

Read more
STUDENTS PERCEPTION ON SKILL ACQUISITION SUBJECT

BACKGROUND OF THE STUDY

Skill acquisition has a paramount place in Nigeria’s educational system today. No other ac...

Read more
STRATEGIES FOR PROMOTING INDUSTRY-SPECIFIC COMPETENCIES IN VOCATIONAL PROGRAMS

Abstract: Strategies for promoting industry-specific competencies in vocational programs ar...

Read more
Share this page with your friends




whatsapp