Improving the Effectiveness of Accounting Systems in Production Industries in Nigeria

Improving the Effectiveness of Accounting Systems in Production Industries in Nigeria

This chapter presents the review of related literature on the nature of production industries accounting systems and control.

Modern accounting is widely recognized as basic component of business management. Accounting evaluating business activities. This is perhaps the most mangers and business student to familiarize them with the accounting discipline. Both profit seeking and non profit seeking organization maintain extensively accounting records. The reason for maintaining this accounting record may be that law requires it.

In Nigeria production industries maintain a very high accounting system to enable them run the activities of the organization which is mainly geared towards profit making. [Read more…]