THE PROSPECT AND CHALLENGES OF COST ACCOUNTING FOR SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
- 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 PROSPECT AND CHALLENGES OF COST ACCOUNTING FOR SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
This study explores the prospects and challenges associated with cost accounting for small and medium-sized enterprises (SMEs) in Kano. The objectives are to evaluate the role of cost accounting in financial management, assess its impact on cost control, and identify the challenges faced by SMEs. A survey design was utilized, gathering data from 200 financial managers and cost accountants in SMEs, derived using Taro Yamane's formula. A case study of a prominent SME in Kano provided detailed insights. The reliability coefficient score was 0.86. Findings indicate that cost accounting plays a crucial role in SME financial management by providing detailed cost information and facilitating better decision-making. However, challenges such as limited resources and complex regulations were identified. Recommendations include providing more training for SME accountants, simplifying regulatory requirements, and integrating cost accounting with overall financial management practices to improve organizational effectiveness.
Related Project Materials
ANCESTRAL CULT AS A DEMONSTRATION OF COMMUNITY CONSCIOUSNESS IN IGBO TRADITIONAL SOCIETY
Background to the Study
Igbo Traditional Religion is the religion that Igbo ancestors handed over to generations after...
CHILD MORTALITY IN ANCIENT ROME AND MODERN IBADAN
ABSTRACT
High records of occurrences of child mortality were documented in ancient Rome and in modern Ibadan. Available studies on ancien...
THE IMPACT OF CHALLENGES AND LIMITATIONS CONFRONTING INTERNATIONAL ORGANISATION IN CARRYING OUT HUMANITARIAN AID
ABSTRACT
The gap between the magnitude of humanitarian need and the global capacity to respond is massi...
AN ASSESSMENT OF CONFLICT MANAGEMENT IN AN ORGANIZATION
Abstract
This research work aimed at investigating the assessment of managing conflict in organization especially that o...
AN INVESTIGATION INTO THE IMPACT OF MOTIVATION FROM PARENTS ON THE ACADEMIC ACHIEVEMENT OF SECONDARY SCHOOL STUDENTS
ABSTRACT
This study was carried out on the impact of motivation from parents on the academic achievemen...
EFFECTS OF FIELD-TRIP AND PROJECT METHODS ON MOTIVATION, PERFORMANCE AND RETENTION OF NIGERIA CERTIFICATE IN EDUCATION SOCIAL STUDIES STUDENTS
ABSTRACT
This study investigated the effects of field-trip and project methods on motivation, retention and performance of Nigeria certif...
HUMAN CAPITAL DEVELOPMENT AND EMPLOYMENT GROWTH IN NIGERIA
ABSTRACT
Employment growth is an important macroeconomic objective of government as decline in employment signifies waste of resources an...
COMPARATIVE ANALYSIS OF ACADEMIC PERFORMANCE IN BIOLOGY IN SOME SELECTED SENIOR SECONDARY SCHOOLS
Abstract
A comparative study of academic performance in Biology in some selected senior secondary schoo...
AN ASSESSMENT OF THE IMPACT OF WOMEN’S EDUCATION ON POVERTY REDUCTION IN NAVRONGO, GHANA
Background of study
Poverty feminization is still a global phenomenon. Women continue to be the poorest...
ALCOHOLISM AND DRUG ABUSE IN NIGERIA AND THE ROLE OF CHRISTIANITY IN CURBING THIS MENACE
Abstract
The consequences of drug abuse and alcoholism placed great burden on Nigerian society as it affected the econo...
