Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited ) Department: Accountancy By: vicbest01 Project ID: 139 Rating: (3.0) votes: 144Rate this project12345 Price:₦1000 Get the Complete MaterialAbstractA good accounting system is directed in search of what is adequate control, checks and balances as a tool for averting industrial and business failures. The study therefore seeks to provide a sound accounting system that will afford management of the necessary information for effective management of resources and in decision- making that will and growing of an enterprise in accounting and financial policies.Consequently, there have been poor returns on investments an constant factory shut-down which is a function of poor management and ineffective and bad accounting system.This is common practice in most privately owned enter prose’s the application of unconventional and ineffective accounting practices, concept and convention. Most privately owned enterprises and character sized with: 1. The absence of proper records of accounts. 2. Inadequate financial planning and implementation of recommended facts. 3. Inability to devious ownership from management. 4. Lack of understanding the worth of input and advantages of accounting. 5. Inadequately or no-installation, of a good system of internal control. 6. employment of unqualified or non-professional and of a result accounting books are kept uncompleted and Inadequate to aid management in formulation of policies and decision makers. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )