THE USE OF ACCOUNTING AS A MANAGEMENT TOOL
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The study centers on the “Use of Accounting as a Management Tool” (A case study of Anambra State Agricultural Development Project, Awka).
In pursuance of this investigation research objectives and hypotheses were formulated. Both primary and secondary data were collected and the data were then presented, analyzed, interpreted using textual, graphic and tabular modes of data presentation. The formulated hypotheses were also tested using chi-square as the test statistic.
Based on the above, it was found that Anambra State Agricultural Development Project uses Accounting as Management Tool. All their financial transactions of Anambra State Agricultural Development project are recorded in the appropriate books of accounts. From these books, revenue projections, expenditure estimates, financial statements, statements of source and application of funds are prepared. Management of Anambra State Agricultural Development project uses ad inter-alia each of these prepared statements as a tool for decision-making, evaluation of the financial strength, profitability and future prospects. Continuous type of budget is used for planning and controlling purposes. Economic rate of return is used to evaluate projects. Profitability is evaluated in terms of the benefits, which the given community derives from a given project.
With reference to the findings, the researcher recommends that; quarterly and mid year financial statements should be prepared to highlight the key variables affecting achievement of the objectives of Anambra State Agricultural Development Project; Budget should be compared with actual result so as to find out variables where they exist and make amendments where necessary; all the problems identified from the respondents should be addressed; there should be proper authorization and documentation; only qualified staff are to be employed; staff work schedules should be attainable with the actual working hours, ad accounting and computer training programmes should be organized at reasonable intervals.
Related Project Materials
THE ROLE OF CUSTOMER SEGMENTATION IN MEETING CUSTOMER EXPECTATIONS
THE ROLE OF CUSTOMER SEGMENTATION IN MEETING CUSTOMER EXPECTATIONS
This study explored the role of customer segmentation in meeting custo...
THE EFFECTS OF TV ADVERTS ON CHILDREN (A CASE STUDY OF ENUGU URBAN)
BACKGROUND OF STUDY
Television advertisement represents one of the several stimuli to which children ar...
ASSESSMENT OF THE VIABILITY OF COMMUNITY RESOURCE CENTRES AS ALTERNATIVE SCHOOL IN PROMOTING GIRL CHILD EDUCATION IN KADUNA STATE-NIGERIA
ABSTRACT
This study assessed the viability of community resource centres as alternative school in promoting girl child education in Kadun...
IMPACT OF SOCIAL STUDIES EDUCATION ON ETHNIC INTEGRATION AND PEACEFUL CO-EXISTENCE AMONG JUNIOR SECONDARY SCHOOL STUDENTS
ABSTRACT
This study examined the impact of Social Studies Education on ethnic integration and peaceful co-existence among JSS students in...
THE EFFECT OF IN-SERVICE TEACHERS ON THE ACADEMIC PERFORMANCES OF BASIC SCIENCE STUDENT
Background to the study
In-service Teachers refers to teacher involves schooling and working at the same time. An in-ser...
THE INFLUENCE OF DIGITAL TECHNOLOGIES ON CUSTOMER NEEDS ASSESSMENT
THE INFLUENCE OF DIGITAL TECHNOLOGIES ON CUSTOMER NEEDS ASSESSMENT
This study investigated the influence of digital tech...
THE ROLE OF FINANCIAL MARKETS IN THE BUSINESS ENVIRONMENT
ABSTRACT: THE ROLE OF FINANCIAL MARKETS IN THE BUSINESS ENVIRONMENT
This research aims...
AN INVESTIGATION INTO PERCEPTION AND ACCEPTANCE OF CAESAREAN SECTION AMONG PREGNANT WOMEN
BACKGROUND OF STUDY
In the majority of underdeveloped nations, including Nigeria, maternal mortality is th...
THE IMPACT OF PRIVATIZATION AND COMMERCIALIZATION OF PUBLIC ENTERPRISES ON ECONOMIC GROWTH OF NIGERIA
ABSTRACT
So much effort has been made towards understanding the relationship between privatization and commercialization and the economic...
A STATISTICAL EXAMINATION OF THE IMPACT OF SMALL AND MEDIUM ENTERPRISE DEVELOPMENT AGENCY IN NIGERIA
Background information
In recent years, statistical analytic methods have proven to be beneficial. It is now a vital ins...
