IMPROPER ACCOUNTING SYSTEM CONTRIBUTES TO NON-PERFORMANCE OF GOVERNMENT OWNED COMPANIES

ABSTRACT Government owned establishments in which hotel business is one, are no longer booming in the nation’s competitive economy due to improper accounting system existing therein; as a result of non-challant attitude of its staff.
Accounting which is the foundation of every business has been of age in the society.  This project work has three chapters: Chapter one is the introduction which gives hints on accounting standards and means of achieving management objectives.  Chapter two is the review of related literature which suggested alternative accounting and recording system which was carefully integrated to form the basis of comparison with that of Hotel Presidential Ltd.  It highlighted some interesting differences and similarities in the accounting and recording system of Hotel Presidential Ltd.  Chapter three, the researcher made recommendations and conclusion accordingly. TABLE OF CONTENT
Title pageApproval pageDedicationAcknowledgementTable of contentAbstract
CHAPTER ONE1.0Introduction1.1Research Objective1.2Significance of study1.3Limitation of study1.4Definition of terms
CHAPTER TWO:  LITERATURE REVIEW2.0Introduction2.1Accounting and control in companies industry2.2Fundamental practical application2.3Accounting records and uses2.4Financial department of a company2.5Determination of profit in company industry2.6Food and Beverage control2.7Accounting forecast and income
CHAPTER THREE:3.0Summary of findings3.1Discussion of findings3.2Conclusion3.3RecommendationBibliography