THE STUDY OF THE APPLICATION OF BUSINES SOCIAL ACCOUNTING TECHNIQUE TOWARDS ESTIMATING THE DISTRIBUTION OF HOUSEHOLD WEALTH IN NIGERIA
(A CASE STUDY OF ANAMCO ENUGU)
This work is on the application of business social accounting technique towards estimating the distribution of household wealth in Nigeria. Iut tries ton examine the issue that business run away from carrying our their duty of social accounting which include social responsibilities to the society. In carrying out the research the researcher a will apply two approaches to souring of data which includes: the primary and secondary source of data collection. In the case of the primary approach, the researcher will develop a list of questionnaires which she will distribute to respondents which includes the public and the staff of the company. The secondary data collection will utilise library research textbook, journals, and unpublished lectures.
Since there is no project without limitations the research would encounter the problem of finance. The money needed for transportation, photocopying of materials and questionnaires and also time constraint. The time given to carry out the project is too small although the research will put all her effort to see that this does not affect the project.
for companies to know of their social responsibilities and to carry them out, the government should set up unethical-reorientation programmes on the part of the business community and their managers.
TABLE OF CONTENT
1.1 Background of the study
1.2 Statement of problem
1.3 Research question
1.4 Objective of the study
1.5 Significance of the study
1.6 Research hypothesis
1.7 Scope limitation of the study
1.8 Definition of terms
2.0 Review of the related literature
2.2 What is social accounting
2.3 Costs and measurement
2.4 The pressure for social action and social accounting
2.5 Types of social accounting
2.6 Conflict between shareholder interest and social consideration
2.7 Trends in the distribution of house hold income
2.8 House hold wealth and for use
2.9 Stock of wealth
2.10 House hold net worth by asset type
2.11 House hold net worth by age type
3.0 Research methodology
3.1 Research design
3.2 Area of study
3.3 Population of the study
3.4 Sample size
3.5 Sample techniques
3.6 Sources of data collection
3.7 Method of data presentation
3.8 Method of data analysis
4.0 Presentation and analysis of data
4.1 Presentation data
4.2 Testing of hypothesis
5.0 Finding conclusion and recommendation
5.1 Summary of finding
1.1 BACKGROUND OF THE STUDY
Government in development countries are facing formidable table of fastening application of social accounting techniques and the distribution of household wealth and initiating programs that will stimulate and enhance the economic growth of their countries despite the difference in their ideological isientation and political setting. Application of social accounting have some possible area in which corporate social objective may be found, eg net income contribution.
Social accounting take a wide variety of form and appears under various label, social accounting is used here as a generic term for convenience to cover all form of account which go beyond the economic and for all the different labels in which it appears. Social accounting social audit corporate social reporting the giving and receiving of account seems to be entirely social and either formal or informal in nature.
Wealth is Nigeria has always been distributed highly unequally, perhaps even more so before the civil war than today ass demonstrated in the work of economist the rich daily rise out of the crowd and constantly retrieve thither.
A comparison of familiar between 1966 and 1976 found that 35% increase at least one decline a 10% of wealth and 10% move up to lest two declines over the same period 34.6% move down at least one deceiver and 17.9% move down at two decile
A study of families between 1984 and 1994 formed that 60% of families in the bottom deciles moved to a higher derive 10 years later.
Giving these economic realities the government in developing countries conscious to step up development social accounting and distribution of household wealth as last resort in order to bridge the gap that from the developing programmes.
1.2 STATEMENT OF THE PROBLEM
The conception of business social accounting is seen by some business men and women an obstacle to their profit making objective. Actually , this consumer with a product or service at the least possible price. It is unfortunate that many business people have misinterpreted and misunderstood the concept of social accounting. Many of them have viewed it as a focus which is different form their profit minded pursuit.
The Nigeria business men and entrepreneur one dishonest, consequently they general public about the true worth their business, so that they can ighnore the ideal of social accounting.
The low level of attention given to business, social accounting of manger indicate that they are ethically oriented towards the welfare of the society o this could be related to the value they attach to the concept. The negative attitude could be changed through re Vientiane their ethical value system. His objective can be achieved by organizing symposia.
1.3 RESEARCH QUESTIONS
1. Is social accounting an obstacle to business profit making
2. Is social accounting a focus which differs from the profit minded pursuit of the business?
3. Is social accounting the ethical thing to do?
1.4 OBJECTIVE OF THE STUDY
The objective of study are
1. To let the society know the importance of social accounting
2. To make Nigeria business men consigns of their social responsibilities to the society.
3. To know the law as an instrument of business
4. To know the extent which misapplication of social accounting and distribution of household wealth has coursed damage to Nigeria economic growth.
5. To know the public the business exist to serve.
1.5 SIGNIDICANCE OF THE STUDY
The significance of the study are:
1. The study will examine the impact of social accounting and distribution of house hold wealth
2. It will let the business and the public know that social accounting is not an obstacle to their profit making objective.
3. It will also show the roles in the society
4. The study will also show ways of protecting the public and consumers.
1.5 RESEARCH HYPOTHESIS
1. H1: - Social accounting action are profitable to business
H0: - Social accounting action are not profitable to business
2. H1: - Social accounting action are the ethical thing to do.
H0: - Social accounting action are not the ethical thing to do
3. H1 - Social accounting does not dilufe the primary objective of business
Ho- social accounting dilute the primary objective of business.
1.6 DEFINITION OIF TERMS
1. Social Accounting: Accounting for action which do have purely financial implications.
2. House hold income: The sum of income from all sources, for all persons
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