Full Project-THE EFFECT OF FINANCIAL ACCOUNTING REPORTING ON THE MANAGEMENT OF A BUSINESS
Click here to Get this Complete Project Chapter 1-5
ABSTRACT
The topic of this study is entitled “The Effect of Financial Accounting reporting on the Management of a Business”. In carrying out this study therefore, the study was divided into five chapters. Chapter one deals with introduction, background study, formation of hypothesis, significance of study. Chapter two centers on the theoretical frame work of the study and literature were review. Here the relevant literature were gathered and review. Chapter three deals with research design and methodology focusing mainly on a data definitions and limitation faced while carrying out the research. Chapter four, which the brain of the study deals on data analysis. Here the data collection are presented and analysed and the finding presented. Chapter five deals with recommendation and conclusions
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND TO THE STUDY
Financial accounting encompass activities related to the preparation of certain reports, which is known as financial statement. These statement reports the financial position of a firm at a particular time, the firms activities and resulting profit or losses during the most recent period, and the flow of resources occurring within the firm during the same period. WALGERNBAC and Co (19) defined financial Accounting as the process of (1) recording (2) Classifying (3) Reporting and interpreting the financial data of an organization. Following this definition, financial accounting is faced with three major roels recording, classifying and reorting financial data of an organization or business. In recording financial accounting is engaged with the role of taking note of all he financial activities that takes place in the business. Classifying includes the grouping of these activities in uninformity while reporting is concerned with the preparation of reports known as financial statements.
These statement reports the financial position of a business at a particular time, the forms activities and resulting profit or loss and source and application of fund of the firm at the most recent period. However, the question arises what are the effects of these financial accounting reports on the management of a business? The answers to this pose a problem which they seek to solve. Not every business person comprehend the importance of financial accounting information of the management of their business. Some manage the business instinctively, others like traffic defaulter who disology road signs, disobey the waring communicated by financial accounting information and end up in business accident.
There are other sources of information, which have impact on the management of a business and the combination of these source given an information system in its complex nature. As Frank Wood puts it: It must not be thought that accounting of any firm is the management control system through, which both manager and external user get a picture of the organization as a total entity. Moreover, financial accounting information usually comes in a diswished form by “wearing the cloak of technicaties. Such technicaties include calculation which need expert knowledge in its interpretation. But some business, due to financial incapacity cannot employ such expert they tend to over look financial accounting information system which has an effect on the management of any business concern, the problem is to all business known this, this the question that the researcher seeks answers.
1.2 STATEMENT OF PROBLEM:
As said earlier, an effective information system is very vital for the function of any business undertaken. The financial accounting system in most business undertaken do not show fully the principle of accounting system. The flow of information, the cost of collecting any information and the internal control procedures have some problem.
Get the Complete Project
This is a premium project material and the complete research project plus questionnaires and references can be gotten at an affordable rate of N3,000 for Nigerian clients and $8 for International clients.
Click here to Get this Complete Project Chapter 1-5
You can also check other Research Project here:
1, Accounting Research Project
- Adult Education
- Agricultural Science
- Banking & Finance
- Biblical Theology & CRS
- Biblical Theology and CRS
- Biology Education
- Business Administration
- Computer Engineering Project
- Computer Science 2
- Criminology Research Project
- Early Childhood Education
- Economic Education
- Education Research Project
- Educational Administration and Planning Research Project
- English
- English Education
- Entrepreneurship
- Environmental Sciences Research Project
- Guidance and Counselling Research Project
- History Education
- Human Kinetics and Health Education
- Management
- Maritime and Transportation
- Marketing
- Marketing Research Project 2
- Mass Communication
- Mathematics Education
- Medical Biochemistry Project
- Organizational Behaviour
- Other Projects
- Political Science
- Psychology
- Public Administration
- Public Health Research Project
- More Research Project
- Transportation Management
- Nursing
Need a Project Writer for a Different Topic
- MSC PROJECT WRITING SERVICES
- MBA RESEARCH PROJECT WRITING SERVICES
- Research Project Writing Services in Lagos Nigeria (Professional Writers) -Law, MSc, MBA,PhD, Dissertations, Thesis, Assignment, Speech
- Masters Research Project Writer in Lagos Nigeria
- MBA Research Project Writer in Lagos Nigeria
- LOOKING FOR A WRITING SERVICES FOR AN URGENT ASSIGNMENTS OR PROJECT WORK
- PROFESSIONAL WRITING SERVICES IN LAGOS NIGERIA (TERM PAPER, SPEECH WRITING, ASSIGNMENT, THESES, DISSERTATIONS, RESEARCH PROPOSAL, PROJECT WRITING SERVICES etc)
- BUSINESS ADMINISTRATION RESEARCH PROJECT WRITER IN LAGOS NIGERIA
- CONSULT A RESEARCH PROJECT WRITER IN LAGOS NIGERIA (PH.D, MBA, MSC, M.ED, BSC)
- MANAGEMENT RESEARCH PROJECT WRITER IN LAGOS NIGERIA
- Education Research Project Writer in Lagos Nigeria
- Environmental Sciences Research Project Writer in Lagos Nigeria
- Guidance and Counselling Research Project Writer in Lagos Nigeria
- Human Kinetics and Health Education Project Writer in Lagos Nigeria
- Early Childhood Education Research Project Writer in Lagos Nigeria
- Christian Religious Studies(CRS) Research Project Writer in Lagos Nigeria
- Educational Administration and Planning Research Project Writer in Lagos Nigeria
- Political Science Research Project Writer in Lagos Nigeria
- Accounting Research Project Writer in Lagos Nigeria
- Economics Research Project Writer in Lagos Nigeria
- Management Research Project Writer in Lagos Nigeria
- Marketing Research Project Writer in Lagos Nigeria
- Public Administration Research Project Writer in Lagos Nigeria
- MBA Research Project Analysts
- In Need of MBA Research Project Writer in Nigeria
- MBA Dissertation Research Project Writer
- MBA Project writer
- EDUCATION DEPARTMENT PROJECT WRITING SERVICES
- BACHELOR OF SCIENCE (BSC) DEGREE PROJECT WRITING SERVICES(B.ED,B.A,B.SC)
- MASTER OF BUSINESS ADMINISTRATION (MBA) RESEARCH PROJECT WRITING SERVICES
- MASTER OF SCIENCE (MSC) RESEARCH PROJECT WRITING SERVICES
- POST GRADUATE RESEARCH PROJECT WRITER
- POST GRADUATE DIPLOMA (PGD) RESEARCH PROJECT WRITER
- MASTER RESEARCH PROJECT WRITER
- MASTER DEGREE RESEARCH PROJECT WRITING SERVICES
- POSTGRADUATE RESEARCH PROJECT WRITING SERVICES
- MASTERS RESEARCH PROJECT WRITING SERVICES
- RESEARCH PROJECT WRITER
- EXPERT IN RESEARCH PROJECT/THESIS/DISSERTATION WRITING SERVICES IN LAGOS NIGERIA
- HIRE A PROFESSIONAL BSC/HND RESEARCH PROJECT WRITER
- HIRE A PROFESSIONAL MBA/MSC RESEARCH PROJECT WRITER
- HIRE A PROFESSIONAL THESIS WRITER IN LAGOS NIGERIA
- SC/M.SC/MBA/PGD RESEARCH PROJECT WRITER IN LAGOS NIGERIA
- Master Degree Research Project Specialist/Writer in Lagos, Nigeria
- Hire A Research Project Writer in Lagos Nigeria
- Research Project Specialist in Lagos, Nigeria