Most critics hold that there is paucity of accounting records maintained by co-operative societies.
This study therefore investigates the level and the adequacy of accounting records of co-operative societies. To determine this, the fundamental objectives of the study among others are.
1.To identify and disclose whether adequate accounting records are kept by co-operative societies.
2.To determine the impact of the present level of accounting recordâ€™s on profitability and viability of co-operative societies.
The entire cooperative societies in Enugu North local government area (registered) was the study population from which 98 was selected. A set of structured questionnaire was administered to the sample out of which 72 responded. Oral interview were also used to collect useful data and information which could not have been portrayed by the questionnaire.
The collected data were classified, analysed and interpreted by the use of tables, percentage, product moment of correlation and chi-square (test of goodness of fit) was used in testing the hypothesis.
From the analysis of data the major findings are that.
a.Co-operative societies do not really maintain adequate accounting system.
b.There is weakness in the internal control system of co-operative societies.
c.Co-operative societies make use of their members as their accounting staff usually the secretary.
d.Most co-operative societies do not company with the established accounting standards.
e.The present level of accounting records in co-operative societies affect the profitability and viability of co-operative societies.
Based on the findings some of these recommendation were made.
i.Co-operative societies should employ experienced competent and trained accounting staff to improve their accounting system.
ii.The accounts of co-operative societies should be audited by external auditors like corporate organization.
iii.The management of co-operative societies (committee) should receive management training and also every member of the co-operative should be educated.
TABLE OF CONTENTS
Table of contents
1.1Background of study
1.2Statement of problems
1.3The objective of the study
1.5Significance of the study
1.6Scope and limitation of the study
1.7Definition of terms
Definition of Accounting
Objectives and importance of accounting information
Importance of accounting
Definition and meaning of accounting
system/composition of system.
Importance of maintaining adequate
Definition and meaning of co-operative societies
Origin of co-operative society in Nigeria.
Problems of co-operative societies
3.1Sources of data
3.2Sample use and determination of sample size
3.3Method of investigation
4.1Presentation and analysis of data
4.3Test of hypothesis
ACCOUNTING SYSTEM OF CO-OPERATIVE SOCIETIES IN ENUGU NORTH LOCAL GOVERNMENT AREA
ABSTRACT Most critics hold that there are paucity of accounting records maintained by co-operative societies.This study therefore investigate the level and the adequacy of accounting records of co-operative societies. To determine this, the fundamental objective of the study among others are. 1. To identify and disclose whether adequate accounting... Continue Reading
ABSTRACT Most critics hold that there are paucity of accounting records maintained by co-operative societies. This study therefore investigate the level and the adequacy of accounting records of co-operative societies. To determine this, the fundamental objective of... Continue Reading
ABSTRACT Most critics hold that there is paucity of accounting records maintained by co-operative societies. This study therefore investigates the level and the adequacy of accounting records of co-operative societies. To determine this, the fundamental objectives of the study among others are. 1.To identify and disclose whether adequate... Continue Reading
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THE IMPACT OF CO-OPERATIVE SOCIETIES IN PROMOTING SELF – RELIANCE AND SMALL SCALE ENTERPRISE WITH A SPECIAL FOCUS IN NNEWI NORTH LOCAL GOVERNMENT AREA TABLE OF CONTENT CHAPTER ONE Introduction 1.1 Background of the Study 1.2 Statement of the Problem 1.3 Purpose of the Study 1.4 Significance of the Study 1.5 Scope of the Study 1.6 Research... Continue Reading
ABSTRACT The research work on the topic “Improving Agricultural Production Through Cooperative using Enugu North Local Government Area Cooperative as a case of study was carried out survey the programmes and policies constituted by government to mobilize peasant farmers into agricultural cooperative and functional ones more productive as a way... Continue Reading