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THE ROLE OF ACCOUNTANT IN THE MANAGEMENT OF SMALL SCALE BUSINESS

CHAPTER ONE

1.0 Introduction

Small scale business is very important in any economy, especially in a developing economy like that of Nigeria. It is the back bone of any economy as it provides employment for the greater percentage of the citizenry, Services the local market and also provides raw materials or input used in the large industries.

There are various problems encountered by smallscale business, especially those in developing countries.

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Description

TABLE OF CONTENTS

Declaration. iii

Certification. iv

Dedication. v

Acknowledgement vi

Table of Contents viii

CHAPTER ONE. 1

1.0 Introduction. 1

1.1 Statement of the Problem.. 4

1.2 The Objectives of the Study. 5

1.3 The Scope of the Study. 6

1.4 Limitation of the Study. 6

1.5 The Significance of the Study. 7

1.6 Statement of Hypothesis8

CHAPTER TWO. 10

2.0 Literature Review. 10

2.1 Small Scale Business Management10

2.2 Accounting as a Tool of Management12

2.3 Cost and Management Accounting as a Process of Decision Making. 15

2.4 Internal Control in the Small Scale Business27

2.5 The Role of Accountant in the Small Business29

2.6 The Role of Small Business in National Economy. 34

2.7 The Advantages and Disadvantages of Operating a Small Scale Business35

2.8 Causes of Business Failure. 36

2.9 Responsibilities as Reporting Accounting. 41

2.10 Research and Development42

2.11 Memoranda to Government and National Service. 42

2.12 The AntiCorruption Crusade. 43

2.13 The Expectation Gap/Fraud Detection. 44

2.14 Future Developmental Roles4

2.15 The Decline of Agriculture. 45

CHAPTER THREE. 47

3.0 Research Methodology. 47

3.1 Data Collection. 47

3.3 Analysis of Techniques50

CHAPTER FOUR. 52

4.0 Presentation and Analysis of Data. 52

4.1 Administration of Questionnaire. 52

4.2 Interpretation. 56

4.3 Testing of Hypothesis58

CHAPTER FIVE. 61

5.0 Summary, Conclusion and Recommendation. 61

5.1 Summary. 61

5.2 Conclusion. 63

5.3 Recommendation. 65

Bibliography. 69

Appendix. 71

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