THE IMPACT OF LEAN ACCOUNTING PRINCIPLES AND THEIR APPLICATION IN MODERN ORGANIZATIONS
- 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 research explores the application of lean accounting principles in modern organizations in Lagos State, Nigeria. The objectives are to: (1) assess how lean accounting enhances operational efficiency, (2) evaluate its impact on cost reduction and financial performance, and (3) analyze the challenges of implementing lean accounting principles. A survey design was employed to collect data from financial managers and operational staff. The sample size, determined using Taro Yamane's formula, ensures statistical significance. Nigerian Breweries Plc was chosen as the case study due to its adoption of lean accounting practices. The reliability coefficient score of the survey was 0.93. Findings reveal that lean accounting significantly improves operational efficiency and cost reduction, positively impacting financial performance. However, challenges such as resistance to change and the complexity of lean implementation were noted. It is recommended that companies in Lagos State adopt lean accounting principles and provide training to enhance operational efficiency and financial performance.
Related Project Materials
Implementation of mental health care system
ABSTRACT
Mental illnesses are becoming widespread and may be harmful to the sufferer and people around the sufferer. The system, Mentally...
ASSESSMENT OF THE EFFECT OF SAND EXCAVATION ON THE ENVIRONMENT
ABSTRACT
This study was carried out on the effect of sand excavation on the environment The study examined positi...
THE CAUSES AND EFFECT OF INDISCIPLINE AMONG STUDENT IN PUBLIC SECONDARY SCHOOL: A CASE STUDY OF ESAN CENTRAL LOCAL GOVERNMENT AREA OF EDO STATE
ABSTRACT
The purpose of this study was to investigate the causes...
The Role of Music and Movement in Early Childhood Development
Abstract: This study explores the role of music and movement in early childhood development, aiming to understand how rhythmic act...
THE IMPACT OF BANK LOANS ON SMALL AND MEDIUM SCALE ENTEPRISES IN NIGERIA (A CASE STUDY OF CUSTOMERS IN UNITED BANK FOR AFRICA)
Small and Medium enterprises are the catalyst for economic growth in most economies thus, the fundamental objective of this st...
THE IMPACT OF REGULATORY COMPLIANCE ON BUSINESS PERFORMANCE
This study explores the impact of regulatory compliance on business performance. Objectives include: (1) evaluating the effectiveness of compliance...
DOMESTIC IMPLEMENTATION OF THE AFRICAN CHARTER ON DEMOCRACY, ELECTIONS AND GOVERNANCE: A CASE STUDY OF NIGERIA BETWEEN 2011 AND 2015
Abstract
It is the habit of some African leaders to remain in power till they reached their death that is why even in countries where dem...
ASSESSMENT OF KNOWLEDGE, ATTITUDE, PRACTICE AND AVAILABILITY OF SAFETY MEASURES TOWARDS PREVENTION OF HEALTHCARE-ASSOCIATED INFECTIONS AMONG PRIMARY HEALTHCARE WORKERS IN NIGERIA
ABSTRACT
This study assessed knowledge, attitude, practice and availability of safety measures towards prevention of Healthcare-Associate...
EFFECT OF PARENTS INTERVENTION ON PERFORMANCE OF STUDENTS IN COLLEGE ENTRANCE EXAMINATION
Background To The Study
Parental participation has a significant impact on children's academic perf...
THE IMPACT OF TAX AS A SOURCE OF REVENUE
It is widely known that taxation is a source of revenue to the government and it is also a coercive exploration to the payers. It is also an instru...
