ACCOUNTING AND MANAGEMENT PROBLEMS OF SMALL SCALE INDUSTRIES IN IMO STATE (A CASE STUDY PF SMALL SCALE INDUSTRIES IN EZINIHITTE LOCAL GOVERNMENT AREA)
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ACCOUNTING AND
MANAGEMENT PROBLEMS OF SMALL SCALE INDUSTRIES IN IMO STATE (A CASE STUDY PF
SMALL SCALE INDUSTRIES IN EZINIHITTE LOCAL GOVERNMENT AREA)
ABSTRACT
The industrialization of every nation emanates from the
ability of private individuals and government in business to make optimum
allocation of available resources in order to achieve future objectives.
Business in the third world countries is characterized by ineffective and
ineffectual utilization of available resources which has limited the scope of
business to small scale.
This calls for the application of some theories in the field
of management accounting to enhance the productivity of existing small scale
businesses in the third world countries.
Small scale enterprises encounter problems which often times
result into pre – mature death of such industries or/production below capacity.
Some of these problems lie largely outside the control of the entrepreneur. These
are the problems to be solved, by the government in the interest of industrial
development of Nation while other problems arise from the enterprenuer’s
limitation in his decision making process.
This study, has been limited to Imo state by the project
writer after a thorough research.
An analysis of factors that contributed to this development
would be highlighted and useful recommendation towards resolving these problems
would be made. The researcher is optimistic in view of the fact that if these recommendation
are adhered to, they will go a long way in achieving the objectives of this
research work.
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