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Abstract of The Place of Proper and Adequate Financial Record Keeping in the Success of Small Scale Business
This study investigated the proposed that favour this proper and adequate financial record keeping in the success of small scale business. also discussed is a documentation of the research findings carried out among merchandizing oriented small business with the aim of charging the assertion among our small business proprietors that there is no relationship between sound accounting practices and profitability in business.
In began with under surveying the effects and cause of inadequate or complete lack of proper financial record among our small scale business proprietors. It also underlined the benefit of good financial record keeping. Discussed also is the extent to which simple companies maintained proper and adequate financial records.
Lastly, a relationship was established between proper and adequate financial records and success of small business.
Recommendation outlined a system of financial records for merchandizing oriented small scale businesses.
Title Page                            II
Approval page                         III
Dedication                            IV
Acknowledgement                      V
Abstract                            VI
Table of content
CHAPTER ONE
1.0   Introduction                      1
1.1   Historical development of book-keeping          2
1.2   Statement of problems                   3
1.3   Objective of the study                   4
1.4   Significance of the study                   5
1.6   Definition of terms                   23
CHAPTER TWO
2.0   The review of related literature              26
2.1   Concept of small scale business             26
2.2Â Â Â Constituents of proper and adequate financial record keeping in business. 27
2.3Â Â Â Benefit of proper and adequate financial record keeping business 30
2.4Â Â Â Causes of inadequate record keeping in small scale business.33
2.5Â Â Â The task of designing financial record keeping system. Â Â Â 36
2.6Â Â Â Measurement of success in small business. Â Â Â Â Â Â Â Â Â 40
2.7   Small business and auditing                43
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CHAPTER THREEÂ
3.0   Research design and methodology             47
3.1   Method and procedures                   47
3.2   Sources of data                      48
3.3   Research instrument                   48
3.4   method of data analysis                   49
3.5Â Â Â Data analysis of techniques. Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 49
CHAPTER FOURÂ
4.0   Data presentation and analysis                50
CHAPTER FIVEÂ
5.0Â Â Â Summary of findings, recommendation and conclusion
5.1   Summary of findings                   67
5.2Â Â Â Recommendations. Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 68
5.3   Conclusion                         75
5.4   Limitation of study                   75
BIBLIOGRAPHY
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