THE ROLE OF ACCOUNTANT IN THE ECONOMIC DEVELOPMENT OF ORGANIZATION (A STUDY OF NIGERIAN BOTTLING COMPANY ONITSHA)

ABSTRACT The main purpose of this project is to find out the Role of accountants in the economic development of Nigeria with particular reference to the Nigeria Bottling Company Onitsha. The Role of accountants in the management of business organization varies and highly challenging. The accountants who make use of the concepts and principles of account concerns themselves with the recording, analysis, directing and co-operate the preparation of forecast, budget and other financial plans. Since the work of accountants has been identified as a necessity in the economic development of Nigeria, NBC in particular, this research is tailored towards identifying and recommending appropriately, the salient things which all users of accounting information must watch out for in all matters concerning the improvement of their organization. In all, hypothesis were formulated based on the specific components or facts of the accountants in NBC Onitsha and some final year students. Accounting related information were collected through review of relevant literature. From these, a questionnaire was designed and distributed to 50 employee of Nigeria Bottling Company Onitsha and 30 final years of accountancy students. Out of these a total of 30 and 10 respectively were recovered. A careful analysis of the responses revealed that accountants have a great significant role in the economic development of Nigeria. As a result of this findings of recommendations, organizations are advised to make the best use of accountants in their daily financial transaction in order to sustain the life of their business and forestall available misuse of funds and resources. To this effect, it is very expedient to employ well meaningful accountants in all organization, Nigeria Bottling Company in particular to ensure effective growth and development of our economy as a whole.

TABLE OF CONTENTS Title pagei Approval pageii Dedication iii Acknowledgementiv Table of Contentvi Abstractix
CHAPTER ONE  1.0Introduction1 1.1Background of the study 1 1.2Statement of the problem7 1.3Purpose of the study8 1.4Research Question9 1.5Research Hypothesis 10 1.6Significant of the study10 1.7Scope of the study 11 1.8Definition of Terms 12
CHAPTER TWO 2.0Literature Review 15 2.1Preamble or Introduction 15 2.2Theoretical/Conceptional frame work16 2.3Current Literature based on the variable20 2.4The need for Accounting Information to be kept in the economy and then based on the variable26 2.5Summary of the literature review 30
CHAPTER THREE 3.0Research Methodology 32 3.1Research Design 32 3.2 Area of study   33 3.3Population of the study 34 3.4Sample of the study34  3.5Instrument of data collection 35 3.6Validation of the instrument36 3.7Distribution and retrieval of instrument37 3.8Method of data analysis38
CHAPTER FOUR 4.0Data Presentation and Analysis 39 4.1Finding49 4.2Presentation and Distribution of the finding51 CHAPTER FIVE 5.0Summary, Conclusion and Recommendation53 5.1Summary of the finding53 5.2Conclusion54 5.3Recommendations56 5.4Limitations of the study 57 5.5Suggestions for further research 58 Reference 59 Appendix 61 Questionnaires 62