ABSTRACT
An expansive wisdom is bought by experience learning teacheth more in one year than experience in twenty. Rogar Ascham (in the scholaoter). Furthermore, “it is impossible for a man to learn what the thinks he already know (Epictelus).
On this note I state that a great number of people go suddenly and with force into business without having a sound knowledge of what business is all about, what it takes to run or manage a business. One cannot be said to have committed an offence nor made a mistake to make an ascertain that it is a daily practice to set up small and medium scale firms in every nooks and crawrices of Nigeria, but simple though worthy questioning. “How many actually stand with the test of time?” many business lovers commenced business with huge sums of money (capital) have experienced a mistiness running down of the business the predicament has been attributed to many factors but the writer is chiefly concerned with “accounting and management” as one of the said such factors.
The study critically worked into the accounting systems and management problems in separation in both small and medium scale industries. (A case study of Mr. Bigg’s and Uncle Joe’s Bread) Enugu State, I have found out if records actually existed, the problems encounter in keeping them, and the effects they have on the entire business organization. Questionnaires and personal interviews were used by the researcher in obtaining the necessary factors.
The main findings at the end of this research reveals that improper accounting and poor management techniques played a vital role in the failure of most business firms. Based on the major findings the researcher made the following recommendation.
1. Proper planning and control
2. Use of good accounting techniques
3. Application of sund credit policy
4. Sound wage and salary policy
5. Use of marketing research
6. Improved inventory management
7. Reduction of operating cost expenses
8. Striving to improve sales.
TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Proposal
Abstract
Table of contents
CHAPTER ONE
1.0 Introduction
1.1 Background of the study
1.2 Statement of problem
1.3 Objective of study
1.4 Hypothesis
1.5 Significance of study
1.6 Scope and limitation
1.7 Methodology
1.8 Definition of terms
Reference
CHAPTER TWO
2.0 Literature review
2.1 Dark age development of accounting
2.2 Evolution of accounting in Nigeria
2.3 Academically development of accounting
2.4 Justification of accounting in business
2.5 Range of operation of accounting
2.6 Business records and systems of accounting
2.7 Small and medium scale enterprises and economic contributions.
2.8 Predicaments and constraints militating against small and medium scale enterprises in Nigeria
2.9 Causes and preventive measure of business failure
Reference
CHAPTER THREE
3.0 Research methodology
3.1 Overview
3.2 Determination of sample size
3.3 Sample procedure
3.4 Method of distribution of questionnaires
3.5 Method of analysis and hypothesis testing
3.6 Limitations.
CHAPTER FOUR
4.0 Presentation and analysis of data
4.1 Introduction
4.2 Data presentation
4.3 Analysis of data
4.4 Test of hypothesis
4.5 Interpretation of data
CHAPTER FIVE
5.0 Finding and recommendation
5.1 Summary of finding
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendix
