Project Materials

ACCOUNTING UNDERGRADUATE PROJECT TOPICS RESEARCH WORKS AND MATERIALS

INFLUENCE OF PRIVATE AUDIT ON GROWTH OF SMALL AND MEDIUM ENTERPRISES (SMES) IN SOUTH-SOUTH NIGERIA

click here to get this project topic material with complete chapters 1-5 for just ₦3000 flat rate.

Do You Have New or Fresh ic? Send Us Your Topic

CHAPTER ONE

1.1. BACKGROUND OF THE

1.2   STATEMENT OF PROBLEM

It was noted that the operating transaction used by small scale business often differ significantly from those of large companies. Some small-scale business do not keep good accounting system or records of transaction, they did it out of ignorance. Many proprietors do not know the amount of pro lit he is making and whether he could do better and by how much the problem is attributed to the qualification and exposure of the proprietors. The research has shown that only few of proprietors contribute to the fund of initial capital. Most entrepreneur of small scale business is aversive to audit their accounts because of the cost and other sees it as a way of probing into their privacy. Most of these small scale business lack controls over the running activities of their business organization. Their activities are run haphazardly. Since most of’ mall scale business do not audit their accounts they don’t pay tax to the government, even few that pay tax, pay it out their direction and not their profit. Personal interview with auditors from two accounting firms visited revealed that accounts business could be adopted, the small scale business inclusive irrespective of the non-maintenance of proper accounting records.

1.3 AIMS OF THE

The major purpose of this study is to examine influence of private audit on growth of small and medium enterprises. Other general objectives of the study are:

1. To examine the level of practice and private audit function in Small and Medium Enterprises.

2. To examine the level of improvement in the growth of Small and Medium Enterprises.

3. To examine the influence of private audit on the growth of in South-South.

4. To examine educational qualifications of the chief audit executive of small and medium Enterprises.

5. To examine the relationship between effective private audit and growth of Small and Medium Enterprises.

6. To suggest ways in which private auditing will aid in assisting the Small and Medium Enterprisesto achieve their goals and objectives.

1.4 QUESTIONS

1. What is the level of practice and private audit function in Small and Medium Enterprises?

2. What is the level of improvement in the growth of Small and Medium Enterprises?

3. How does private audit influence the growth of in South-South?

4. What are the educational qualifications of the chief audit executive of small and medium Enterprises?

5. What is the relationship between effective private audit and growth of Small and Medium Enterprises?

6. What are the ways in which private auditing will aid in assisting the Small and Medium Enterprises to achieve their goals and objectives?

1.5  HYPOTHESES

1

H0: Private auditing has no impact on small and medium scale enterprises in Nigeria.

H1: Private auditing has a significant impact on small and medium scale enterprises in Nigeria

2

H0: There is no significant relationship between effective private auditing and growth of Small and Medium Enterprises.

H1: There is a significant relationship between effective private auditing and growth of Small and Medium Enterprises

1.6 OF THE

The study is intended to benefit the following:

The study findings will be of immense importance in the sense that they will assist management of small and medium enterprises to realize how internal controls can affect its operations and growth.

Academicians and researchers- this study is intended to add knowledge to previous studies done on internal controls by primarily focusing on small and medium enterprises and growth. The study shall therefore serve as a reference for further research on the topic of relationship between internal controls and growth of Small and medium enterprises.

1.7    SCOPE OF THE  

The study is based on influence of private audit on growth of small and medium enterprises (s) in south-south Nigeria.

1.8 LIMITATION OF

Financial constraint– Insufficient fund tends to impede the efficiency of the researcher in sourcing for the relevant materials, literature or information and in the process of data collection (internet, questionnaire and interview).

Time constraint– The researcher will simultaneously engage in this study with other academic work. This consequently will cut down on the time devoted for the research work.

1.8 DEFINITION OF TERMS  

Private Auditing: it is the independent of the functions and quality of performance of an organization by a specially assigned staff as part of the private control system. It objectively examines events and reports on the adequacy of private control as a contribution to the efficient and effective use of resources

Audit: according to Taylor (1982), an audit is the independence examination of the financial statement of an organization with a view to expressing an opinion as to whether these statements give a true and faire view and comply with the relevant statutes for the period under review and of the financial state of the organization at the end date so enabling the auditor to report thereon.

s: Small and medium sized enterprises are commercial business entities that are generally distinguished from large companies by their size and turn-over. Medium-sized enterprises have fewer than 250 employees and annual turnover not exceeding EUR 40 million. Small enterprises have fewer than 50 employees and an annual turnover not exceeding EUR 7 million (European Commission, 2003).

Enterprise: Enterprise refers to a unit of economic organization or activity, especially a business organization (Merriam-Webster, 2008)

Not What You Were Looking For? Send Us Your Topic

click here to get this project topic material with complete chapters 1-5 for just ₦3000 flat rate.

INSTRUCTIONS AFTER

After making payment, kindly send the following:
  • 1.Your Full name
  • 2. Your Active Email Address
  • 3. Your Phone Number
  • 4. Amount Paid
  • 5. Project ic
  • 6. Location you made payment from

» Send the above details to our email; contact@premiumresearchers.com or to our support phone number; (+234) 0813 2546 417 . As soon as details are sent and payment is confirmed, your project will be delivered to you within minutes.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Advertisements