THE IMPORTANCE OF ACCOUNTING ON ORGANIZATION’S EFFECTIVENESS

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ABSTRACT

The research work attempts to determine the nature and purpose of depreciation and capital with respect to long use assets of enterprises and organizations and determining ways of optimizing these purposes for the benefit of these enterprises and organization.

The research study will be of benefit to enterprises and organization that have standing depreciation policies and other enterprises that do not have any depreciation policy apparently because they do not have the where withal or have not grasp the purposes and role of depreciation with respect to long use asset and profit recognition.

A write up has been done in chapter 2 to illustrate the calculation and other accounting treatment of selected depreciation methods and capital allowances for the benefit of enterprises and or persons who may not have had a proper understanding of them.

The research study was carried out in Enugu and its environ and may move appropriately reflect the trend in Nigeria. The problems identified and recommendations made may not have been one hundred percent exhaustive.

TABLE OF CONTENT

TITLE II

APPROVAL PAGEIII

DEDICATIONIV

ACKNOWLEDGEMENTV

ABSTRACTVII

CHAPTER ONE

1.0BACKGROUND OF STUDY1

1.1 STATEMENT OF STUDY3

1.2OBJECTIVE OF STUDY4

1.3SCOPE OF STUDY5

1.4LIMITATION OF STUDY6

1.5DEFINITION OF TERMS6

CHAPTER TWO

2.0NATURE OF GOVERNMENT ACCOUNTING9

2.1PROCEDURE FOR GOVERNMENT

ACCOUNTING12

2.2FINANCIAL CONTROL15

2.3CONTROL TECHNIQUE17

2.4TREASURY CONTROL18

2.5REVENUE CONTROL19

2.6EXPENDITURE CONTROL20

2.7DEPARTMENT CONTROL21

2.8SUMMARY OF RELATED REVIEW LITERATURE22

CHAPTER THREE

3.0SUMMARY23

3.1 FINDINGS23

3.2RECOMMENDATION25

3.3REFERENCE26

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THE IMPORTANCE OF ACCOUNTING ON ORGANIZATION’S EFFECTIVENESS

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