ABSTRACT
information is critical to organizations' performance in today's highly competitive
environment. The Statement of Accounting Concepts 3, International Accounting Standard
Board (IASB) and Financial Accounting Standard Board (FASB, 1980) developed a
conceptual framework for financial reporting where relevance, reliability, understandability
and comparability are the qualitative characteristics that financial accounting information
should possess.
The study covered relevance, reliability, understandability and accuracy. There is a belief
that there is a relationship between these qualities and performance of small and medium size
enterprises.
This dissertation investigates the con-elation between quality of accounting information and
performance of small and medium enterprises. 150 paiiicipants from different categories of
selected small and medium enterprises (Slv!Es); with 120 (80%) usable responses received.
With the belief that there is a relationship between accounting information and the
performance of small and medium enterprises, individual qualitative characteristics
(relevance, accuracy, understandability, reliability) were tested with the performance.
From the findings of the study, it is recommended that for better decision making and
improved performance of small and medium enterprises, accounting information should be relevant, accurate, understandable and reliable.
HANNINGTON, B (2021). Accounting Information And Performance Of Small And Medium Enterprises In Makindye Division. Afribary. Retrieved from https://afribary.com/works/accounting-information-and-performance-of-small-and-medium-enterprises-in-makindye-division
HANNINGTON, BOSA "Accounting Information And Performance Of Small And Medium Enterprises In Makindye Division" Afribary. Afribary, 12 Jun. 2021, https://afribary.com/works/accounting-information-and-performance-of-small-and-medium-enterprises-in-makindye-division. Accessed 27 Nov. 2024.
HANNINGTON, BOSA . "Accounting Information And Performance Of Small And Medium Enterprises In Makindye Division". Afribary, Afribary, 12 Jun. 2021. Web. 27 Nov. 2024. < https://afribary.com/works/accounting-information-and-performance-of-small-and-medium-enterprises-in-makindye-division >.
HANNINGTON, BOSA . "Accounting Information And Performance Of Small And Medium Enterprises In Makindye Division" Afribary (2021). Accessed November 27, 2024. https://afribary.com/works/accounting-information-and-performance-of-small-and-medium-enterprises-in-makindye-division