TABLE
OF CONTENT
Title
Page………………………………………………………………………………..
Certification
……………………………………………………………………………
Dedication
………………………………………………………………………………
Acknowledgement……………………………………………………………………..
Abstract
…………………………………………………………………………………
Table of Contents………………………………………………………………………
List of
Tables……………………………………………………………………………
List of figures
CHAPTER
ONE
1.1
Introduction………………………………………………………………………..
1.2
Background of the
study…………………………………………………………..
1.3
Statement of the
problem………………………………………………………….
1.4
Main objective of the
study………………………………………………………..
1.5
Specific objectives of the
study…………………………………………………….
1.6
Research
questions…………………………………………………………………..
1.7
Statement of the
hypothesis………………………………………………………..
1.8
Justification of the
study……………………………………………………………
1.9
Scope of the study………………………………………………………………….
1.10
Definitions of terms
………………………………………………………………..
CHAPTER
TWO
2.0 Introduction……………………………………………………………………….
2.1 Conceptual frame
work…………………………………………………………….
2.2 Theoretical frame
work……………………………………………………………..
2.3 Literature on the
subject……………………………………………………………..
CHAPTER 3
3.0 Areas of
study……………………………………………………………………….
3.1 Research design and sources of
data………………………………………………...
3.2 Instrumentation…………………………………………………………………….
3.3 Procedure for data collection and data
analysis……………………………………
3.4 Limitations of the
study…………………………………………………………….
CHAPTER
4
4.0 Data analysis, findings and
discussion……………………………………………..
4.1 Findings of the
study………………………………………………………………..
4.2 Discussion of the
findings……………………………………………………….
CHAPTER
5
5.0 Summary of
findings……………………………………………………………….
5.1 Conclusions………………………………………………………………………..
5.2 Recommendation………………………………………………………………….
5.3 Proposals for further
studies………………………………………………………
Biography
CHAPTER ONE
1.1
INTRODUCTION
According to (Hussy,
2004), accounting
system is defined as “the system designed to record the accounting transactions
and events of a business and account for them in a way that complies with its
policies and procedures. The basic elements of the accounting system are concerned
with collecting, recording, evaluation, and reporting transactions and events”.
Accounting system has also been considered as an integral aspect of the
internal control system of an entity which entails the recording, keeping,
analyzing, summarizing, interpretation and communication of various financial
transactions for the purpose of planning, control and decision making. All
forms of business organization, regardless of their sizes and nature of
operation, require functional and reliable accounting system (Gabriel, 2012)
An
accounting system is an orderly, efficient scheme for providing accurate
financial information and controls. Regulatory requirements and internal
administration policies are key considerations in the design of an effective
accounting system. Thus accounting systems show the books, records, voucher,
and files and related supporting data resulting from the application of the
accounting process. It involves the design of documents and transactions flow
through an organization. The uniqueness of small and medium scale businesses
call for careful consideration in the design of accounting systems (Atijosan, 2003).
Small and medium
scale enterprises are a vast majority of businesses found in variety of primary
and intermediate production of the economy (Ayozie, 2013). These establishments
have tremendous impact on the state and well being of the nation in employment
generation, as sources of national outputs and revenues, providing feedstock
for large corporations They may lack the sophistication to apply the detailed
accounting processes, yet the value of accounting systems to these businesses
is quite profound.
