The Management Of Account Receivable And Its Impact On The Performance Of Business Organization In Nigeria. (a Case Study Of Enugu Home Ownership Company)

Accounting Project Topics

Get the Complete Project Materials Now! ยป

THE MANAGEMENT OF ACCOUNT RECEIVABLE AND ITS IMPACT ON THE PERFORMANCE OF BUSINESS ORGANIZATION IN NIGERIA.

(A CASE STUDY OF ENUGU HOME OWNERSHIP COMPANY)

ABSTRACT

 

Recently with the present economic predicaments in the country, many business organization and individuals have found it difficult to cope with the high cost of living. This is due to the paucity of the cash available in the economy with which they can buy the necessary goods and services they required on the spot with cash.

Fortunately, with the advancement in the business world sales and purchase can be made on credit basis thus alleviating the sufferings and deprivation, that would have been experienced by individuals, business enterprises and various governments while making business transactions.

The research topic delves into trying to ascertain the management of accounts receivable and its impact on the performance of business organization in Nigeria, but with particular attentions to Enugu Home Ownership Company Limited Enugu.

In chapter one, a general background statement about the topic was given. The state of the problems of the study was mentioned, it also states the hypothesis for the study.

In chapter two, Review of related literature as regards to account receivable impact on the performance of business organization under this chapter, the definition of accounts receivables as were given by related literature and the formulation of accounts receivable policy, the determinants of accounts receivable policy as the measure of promoting accounts receivable were all examined from related literature. 

In chapter three, attempt was made to show the various methods used in gathering the necessary data for the studies e.g. Research design, area of study, population of study, sample and sampling procedure and others in the table of content and the problems encountered in data collection.

In chapter four dealt with analysis of findings based on the date collected, it evaluates and disuses the findings. The hypothesis set in chapter one was tested also.

Likewise ascertain effectiveness or ineffectiveness of the company in caring on the business.

Finally in chapter five, takes care of the summary of the findings and conclusions likewise making the necessary recommendation.

 

TABLE OF CONTENTS

 

Title page

Certification

Dedication

Acknowledgement

Abstract

 

CHAPTER ONE

1.0     Introduction

1.1     Background of the study

1.2     Statement of the problems

1.3     Purpose of the study

1.4     Significance of the study

1.5     Scope/Delimitation of the study

1.6     Research questions

1.7     Hypothesis

1.8     Definition of terms

 CHAPTER TWO

Review of related literature

2.1            Introduction

2.2            Formation of accounts receivable policies

2.3            Determinants of accounts receivable policy

2.4            Measure of promote account receivable

2.5            Historical background of Enugu Ownership company limited

2.6            The role of accounts receivable I achieving the firms goal

2.7            Accounts receivable policy and its implementation

 

CHAPTER THREE

3.0     Methodology  

3.1     Research Design

3.2     Area of the study

3.3     Population of the study

3.4     Sample and sampling procedure

3.5     Instrument

3.6     Variability of the Research Instrument

3.7     Reliability of the research instrument

3.8     Method of administration of the research instrument

3.9     Method of data analysis

 

CHAPTER FOUR

4.0     Data presentation and analysis of results

 

CHAPTER FIVE

5.0     Discussion, Recommendation and Implication

5.1     Summary of findings

5.2     Conclusion

5.3     Implication of the result 

5.4     Recommendation

5.5     Suggestion for further research

5.6     Limitation of the study

Reference 

Journals

Questionnaire

Appendix I

Appendix II

CHAPTER ONE

 

1.0     INTRODUCTION

1.1     BACKGROUND OF THE STUDY

Going by the advent of time, civilization, economic conditions, and business world, the world had known only a cash or barter economy. However, with development in business world, business is being transacted on credit basis.

In recent years, many business organization in Nigeria have experienced liquidity problems largely because of the effects of high rate of inflation. This has been necessitated by he various economic measures in 1982 to the structural adjustment programme (SAP). In 1991 and the present economic crisis inspired by the 419 syndrome. Because of this, if they becomes more imperative than ever to get money promptly from the debtors for the day today operations because of;

-              The uncertainty in the fluctuations of prices:

-              The subjective preference for present consumption over future consumption; and

-              The need to take advantage of the available investment opportunities.

However, if all these transactions were to be made on cash basis, various firms in terms of sales turnover.

Consumers and middlemen could equally be affected of all purchases made from companies are always on cash basis. Truly individuals or firms have preference for possession of a given amount of cash now, rather than having the same among some time in the future-time preference for many.

Yet, money (cash) is a scarce commodity which has wide range of application in the area of both human and material needs. Thus, this brings about the problem of effective management of the available cash resources through efficient receivable collection management.

Receivable represent claims, usually stated in definite financial terms, arising from the sale of goods, performance of services lending of money or other type of transaction which establishes a relationship whereby one party is indebted to another in an agreed term.

This column which result from the sale of goods or services or property and which may or may not be supported by a written note but which are not

 

Get Full Work

Report copyright infringement or plagiarism

Be the First to Share On Social



1GB data
1GB data
1GB data
The Management Of Account Receivable And Its Impact On The Performance Of Business Organization In Nigeria.

297