ABSTRACT
This project is on “The need for proper financial record in an organization’ with reference to Eternit Limited, Sapele. Chapter one deals with background of the study, statement of the problem, objective of the study, significance of the study, scope of the study and limitation of the study. Chapter two is literature review on users of accounting information, importance of accounting to business organisation, accounting concept and accounting convention, books of original entry as well as final account. These were discussed relate to authorities in the field of accounting. Chapter three contained research methodology under this chapter, the method employed to source for data is both primary and secondary source. The statistical tool employ is the use of table and simple percentage. Chapter four is the data presentation and analysis of result while chapter five entails the summary of findings, conclusion and recommendations. The researcher discover financial accounting have helped the overall efficiency of the business in terms of financial statement and otherwise. Therefore, the researcher recommend that there should be proper day-to-day transaction so that accounting system in the organization can improve from one stage to another.
TABLE OF CONTENT
Title i
Approval ii
Dedication iii
Acknowledgement iv
Abstract v
Table of contents vi
Chapter One - Introduction
1.1 Background of the study 1
1.2 Statement of problem 2
1.3 Objective of the study 3
1.4 Research Question 4
1.5 Research Hypothesis 4
1.6 Significance of the study 4
1.7 Scope of the Study 5
1.8 Limitation of the Study 5
1.9 Definition of Terms 6
Chapter Two - Literature review
2.1 Definition of Fraud 8
2.2 Misappropriation or Defalcation Cash and Goods 8
2.3 Fraudulent Manipulation of Accounting Information 10
2.4 Forging of Cheques and Documents and Using one Approval
that is More Than a Time 11
2.5 Carry Over Fraud 11
2.6 How Fraud can be Prevented 11
2.7 Defect of Fraud 12
2.8 What Fraud can do to the Organization 13
2.9 When it is Prevented 13
Chapter Three - Research methodology
3.0 Introduction 15
3.1 Research design 15
3.2 Area of the Study 15
3.3 Sources of Data Collection 16
3.4 Method of Data Analysis 17
3.5 Procedure for Data Collection 167
3.6 Data Used in the Study 17
3.7 Sample and Sampling Techniques 18
Chapter Four - Data Analysis and Interpretation
4.0 Introduction 19
4.1 Data Analysis 19
Chapter Five - Summary conclusion and recommendation
5.0 Introduction 35
5.1 Summary of findings 35
5.2 Conclusion 36
5.3 Recommendation 37
References 38
Appendix 40
