Challenges of Accounting Information System Adoption in SME Financing in Keffi Local Government Area
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
Small and Medium Enterprises (SMEs) face several challenges in financing, including poor financial management and inadequate access to credit. The adoption of Accounting Information Systems (AIS) in SMEs can improve financial management by providing accurate financial data, facilitating decision-making, and enhancing the credibility of SMEs to financial institutions. However, many SMEs in Keffi Local Government Area (LGA) face challenges in adopting AIS, which may limit their potential to grow and secure financing.
Statement of the Problem
While AIS offers significant benefits for SMEs, many SMEs in Keffi LGA are still reluctant to adopt these systems due to a variety of challenges, including high implementation costs, lack of technical skills, and resistance to change. This study will explore the barriers to AIS adoption in SME financing in Keffi LGA and evaluate the impact of these barriers on SME growth and access to finance.
Aim and Objectives of the Study
Aim: To assess the challenges faced by SMEs in Keffi Local Government Area in adopting Accounting Information Systems for financing purposes.
Objectives:
-
To identify the challenges faced by SMEs in adopting AIS for financial management.
-
To evaluate the impact of these challenges on SMEs' ability to access financing.
-
To propose strategies for overcoming the barriers to AIS adoption in SME financing.
Research Questions
-
What are the major challenges faced by SMEs in Keffi LGA in adopting AIS for financial management?
-
How do these challenges affect SMEs' access to financing?
-
What strategies can be implemented to overcome the challenges of AIS adoption in SME financing?
Research Hypothesis
-
H₀: Challenges in adopting AIS do not significantly affect SMEs' access to financing in Keffi LGA.
-
H₀: There is no significant relationship between the adoption of AIS and the financial growth of SMEs in Keffi LGA.
Significance of the Study
The study will contribute to a better understanding of the barriers preventing AIS adoption in SMEs and the subsequent impact on SME financing. The findings can guide SMEs, policymakers, and financial institutions in fostering better financial management practices and facilitating access to credit for SMEs.
Scope and Limitation of the Study
The study will focus on SMEs in Keffi LGA and the challenges they face in adopting AIS for financial purposes. Limitations include potential difficulties in obtaining data from SMEs and their willingness to disclose sensitive financial information.
Related Project Materials
An evaluation of digital advertising innovations on customer acquisition: Evidence from a startup in Lagos, Nigeria
Background of the study
Digital advertising innovations are continuously transforming the customer acquisition landscape f...
CAUSES, PREVENTION AND TREATMENT OF DAMP ON BUILDING IN MAKOKO AREA OF YABA LOCAL GOVERNMENT IN LAGOS STATE
ABSTRACT
It has been clearly identified that one of the agent that easily deteriorate building stru...
THE IMPLICATION OF COMMON CURRENCY FOR WEST AFRICAN COUNTRIES
ABSTRACT
This project research is primarily aimed at dealing with the implicat...
An Evaluation of Semantic Variability in Nigerian Political Communication: A Comparative Study of Debate Transcripts
Background of the Study
Political debates in Nigeria are characterized by a dynamic use of language where semantic variabi...
The Role of Ethnic Media in Fostering Unity in Shendam LGA, Plateau State
Chapter One: Introduction
1.1 Background of the Study
Ethnic media, defined as media content p...
EFFICACY OF SOCIAL STUDIES CURRICULUM IN PROMOTING DEMOCRATIC VALUES AND POLITICAL PARTICIPATION AMONG JUNIOR SECONDARY SCHOOL STUDENTS IN KADUNA STATE, NIGERIA
ABSTRACT
The study investigated the Efficacy of Social Studies Curriculum in Promoting democratic values and political participation amon...
The effect of parental neglect on mental health outcomes in adolescents in Bauchi State
Background of the Study
Parental involvement is a critical determinant of adolescent mental health, and neglect by parents can have lasti...
An Assessment of Maternal Health-Seeking Behavior in Sokoto State
Background of the Study
Maternal health-seeking behavior is a crucial determinant of maternal and chi...
An Assessment of the Impact of Machine Learning in Fraud Detection: A Study of Fintech Firms in Kwara State
Background of the Study
Machine learning (ML) has become an integral tool in fraud detection, enabling organizations to...
An examination of integrated online-offline marketing on brand consistency: A case study of a retail chain in Port Harcourt
Background of the study
Integrated online-offline marketing seeks to create a seamless brand experience across digital and...
