Improving The Effectiveness Of Accounting Systems In Production Industries
(A Case Study Of Paterson Zechonis Industries Plc Aba)
TOPIC TYMPOROVING THE EFFECTIVENESS OF ACCOUTING SYSTEM IN PRODUCTION INDUSTRIES IN NIGERIA.
(A CASE STUDY OF PZ INDUSTRIES PLC ABA)
Most of the production industries have actually collapsed because of inadequate and ineffective accounting system in the accounts department of production industries.
The growth of any countries industries depends on the level of her accountability to a large extent to the success of the industries. There fore this project is aimed at identifying and describing the need for an effective accounting system in the accounts departments of production industries.
As a background for the project the effectiveness of accounting system in production industries with particular reference to Paterson Zochonis industries Plc Aba B reviewed.
The project will illustrate the strength and weakness of accounting system in Pz industries Plc Aba to enable us known its effectiveness.
This study is also undertaken to evaluate the accounting policies of this industry with the view of improving their accounting system and control.
The research will be conducted the production manager and other workers in the department will be interviewed for more information. Also through the use of questionnaire which will be prepared and sent to respondents in the selected offices named above.
The constraints to be encountered include money time and cooperation of the employees. The recommendation is to ensure that available resource are used to perform their function there must be proper accountability. This is provided by the accounting system and policies adopted by this industry.
Also staff should computer literate since account department is computerized and it saves time and staffs should be sent for professional training from time to time
The study was organized in five chapter I
In chapter one the researcher introduced the topic under different sub heading such as background of the study statement of problems purpose of the study research question testing of hypotheses delimitation of study and scope etc.
A review of related literature was done in chapter two to find out what other view are on the problem from the research it was revealed that pz industries has an effective accounting system which the maintained.
Her accounting procdutive and principles was based on accrued basis.
Chapter three presented the research methodology employed to achieve the purpose of the study. It discussed the preliminary search for relevant information data collection description of population and sample size instrument used for data collection and method of application design of questionnaires and administration the formation of all null hypothesis
Chapter four dealt with data presentation analysis and interpretation.
Chapter five has to do with restatement of the problem summary of the producers used summary of findings conclusion and recommendation.
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Title page i
Approval page ii
Dedication iii
Acknowledgement iv
Abstract v
Table of content vi
List of table /figures ix
CHAPTER ONE
1.0 Introduction
1.1 Background of the study
1.2 Statement of problem
1.3 Purpose of study
1.4 Hypothesis
1.5 Delimitation of the study /scope
1.6 Significance of the study
1.7 Assumption of the study
1.8 Definitions of terms peculiar to the study
CHAPTER TWO
2.0 Literature review
2.1 Introduction
2.2 Definition framework of an accounting system
2.2.1 Conceptual design of an Accounting system
2.2.2 Component of an accounting system
2.2.3 Revenue recognition and income reporting
2.2.4 Nature of revenue
2.2.5 Revenue recognition
2.3 Accounting control in relation to the accounting system
2.3.1 Budgeting
2.3.2 Budget system
2.3.3 Types of budget
2.3.4 Budgeting control system
2.4 Computer accounting
2.4.1 Spreadsheet pages
2.4.2 Application of spread sheet
CHAPTER THREE
3.0 Research methodology
3.1 Research design
3.2 Areas of study
3.3 Population of the study
3.4 Limitation of the study
3.5 Implication of the study
3.6 Instrument for data collection
3.7 Method of data collection
3.8 Method of data of data analysis
CHAPTER FOUR
4.0 PRESENTATION ALAYSIS AND INTERPRETATION OF DATA
INTRODUCTION
4.1 Analysis of number of questionnaire sent out and returned.
4.2 Analysis of research question
4.3 Results of testing of hypothesis
4.4 Observation
CHAPTER FIVE
5.0 Summary conclusion and recommendation
5.1 Summary of findings
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendix I
Appendix ii
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