The impact of credit management on the profitability of a manufacturing firm - a case study of Unilever Plc, Aba, Nigeria Department: Accountancy By: lightbearer2019 Project ID: 2886 Rating: (3.1) votes: 10Rate this project12345 Price:₦4000 Get the Complete MaterialAbstractThe aim of this research work is to appraise“The impact of credit management on the profitability of a manufacturing firm focused on Unilever Nigeria Plc Aba”. This is because trade credit is a short term source of finance and sometimes take the form of bills payable. The statement problem of this research banks about the poor level of credit management and also the problems which the firms encounter as a result of the high-rate of bad debts. The objective of this research study is to highlight the effects of credit management on the profitability of the company as well as to highlight the advantages of effective and efficient management of trade credit amongst others. Furthermore, this research work will be of immense significance to the staff of Unilever Nig. Plc, Aba as well as the students and the researcher since it aims at providing effective means of reducing default in the collection of accounts. Also, research questions like could a company’s liquidity problem be attributed to bad debt on average, how long do you allow credit to customers Etc. Research instrument used was questionnaires for the purpose of obtaining the desired result. In treating and analyzing the data collected, extensive use of tabular information and percentages were of great importance. In the light of the findings and conclusions of this work, the following recommendations are put up: that then should be a regular review of credit policies to suit the changes in the business environment and that an inquiry unit should be established to take responsibility for prospective credit assessments amongst others. ...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 )