THE RELATIONSHIP BETWEEN LEAN ACCOUNTING PRINCIPLES AND WASTE REDUCTION TECHNIQUES
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: THE RELATIONSHIP BETWEEN LEAN ACCOUNTING PRINCIPLES AND WASTE REDUCTION TECHNIQUES
This research investigates the relationship between lean accounting principles and waste reduction techniques in manufacturing companies in Abuja. The study's objectives are to assess how lean accounting principles contribute to waste reduction, evaluate the challenges of implementing lean accounting, and identify the impact on financial performance. A survey design was used to gather data from 200 financial managers and accountants, calculated using Taro Yamane's formula. A case study of a manufacturing firm in Abuja provided detailed insights. The reliability coefficient score was 0.86. Findings indicate a strong positive relationship between lean accounting principles and waste reduction techniques, leading to significant cost savings and improved efficiency. However, challenges such as resistance to change and the need for cultural shifts were identified. Recommendations include providing training on lean accounting, fostering a culture of continuous improvement, and integrating lean principles into the company’s overall strategy.
Related Project Materials
GENDER ROLES AND TECHNOLOGY ADOPTION IN RUBBER PRODUCTION IN EDO STATE
ABSTRACT
This study examined the adoption of improved rubber production technologies by farmers in Edo...
DESIGN AND IMPLEMENTATION OF ONLINE EXAMINATION SYSTEM FOR STAFF RECRUITMENT
INTRODUCTION/BACKGROUND OF THE STUDY
An online examination system for recruitment of staff is a web app...
THE EFFECTIVENESS OF CURFEWS IN CONTROLLING PUBLIC PROTESTS (A CASE STUDY OF ENDBADGOVERNANCE PROTEST IN NIGERIA)
THE EFFECTIVENESS OF CURFEWS IN CONTROLLING PUBLIC PROTESTS (A CASE STUDY OF ENDBADGOVERNANCE PROTEST IN NIGERIA)
Chapte...
STRATEGIES FOR IMPROVING LOW ACADEMIC PERFORMANCE IN ENGLISH LANGUAGE IN SECONDARY SCHOOLS IN EGBEMA LGA OF RIVERS STATE
Background of the study
The modern trend in education and the complex nature of learning and instruction have made the r...
EFFECT OF ADOLESCENTS’ PERCEPTION AND AWARENESS OF HIV/AIDS ON SEXUAL BEHAVIOUR
ABSTRACT
This study was carried out on the effect of adolescents’ perception and awareness of HIV...
EFFECTIVENESS OF DEMONSTRATION AND DISCOVERY METHODS IN TEACHING AGRICULTURAL EDUCATION IN COLLEGES OF EDUCATION IN NIGERIA
ABSTRACT
The study was carried out to determine the effectiveness of demonstration and discovery teaching methods in agricultural educati...
ADEQUACY AND EFFECTIVENESS OF FINANCIAL CONTROL IN THE PUBLIC SECTOR
ABSTRACT
This research was aimed at finding out the adequacy and effectiveness of financial control in the public sector...
THE IMPACT OF INDUSTRIALIZATION ON NIGERIA’S ECONOMIC DEVELOPMENT
ABSTRACT
The industrial sector remains a strong sector of any economy, be it developed or developing. The developed countries are noted f...
THE ROLE OF TAX ACCOUNTING IN TRANSFER PRICING DOCUMENTATION
Abstract: THE ROLE OF TAX ACCOUNTING IN TRANSFER PRICING DOCUMENTATION
This study examines the role of tax accounting in transfer pricing...
FRAMEWORK FOR VALUE MANAGEMENT IMPLEMENTATION IN ABUJA CONSTRUCTION COMPANIES, NIGERIA.
ABSTRACT
Value Management (VM) has played a broad role in supporting effective decision making on construction projects, increased projec...
