|
Abstract
|
Article Information:
Demand and Supply of Accounting and Audit Services to Small Scale Business in Nigeria
Samson A. Adediran, Mary Josiah, Clement E. Ozele and Sule U. Veronica
Corresponding Author: Samson A. Adediran
Submitted: 2011 November, 09
Accepted: 2011 December, 20
Published: 2012 February, 20 |
Abstract:
|
Small businesses are important to the Nigerian economy. As a developing economy, the investment
of vast wealth and resources in small businesses and the auditing of their business are very crucial to the
financial growth and prosperity of the economy. The aim of this study is to present the results of a systematic
inquiry about the state of demand and supply of accounting and audit services for small businesses in Nigeria
particularly Edo State using a sample of small businesses and audit firms. The study aims to find out; whether
there is a gap between demand and supply of audit services for small businesses in Nigeria; if there is a gap;
what are the reasons for the gap; and how the gap can be filled? To this end, two hypotheses were formulated
and tested using the binary logistic regression and the Z-test statistics. It was discovered that small scale
businesses do not demand for accounting and audit services in Edo State, and also audit firms supply
professional services to small scale businesses in Edo State. The study recommended that small businesses
should as a matter of urgency evolve suitable culture appropriate for their demand for professional services of
accountants and auditors as this will adequately promote the financial performance their businesses.
Key words: Accounting, auditing, demand, management accountants, professional accountants, small scale business, supply
|
|
Abstract
|
PDF
|
HTML |
|
Cite this Reference:
Samson A. Adediran, Mary Josiah, Clement E. Ozele and Sule U. Veronica, . Demand and Supply of Accounting and Audit Services to Small Scale Business in Nigeria. Asian Journal of Business Management, (1): 75-80.
|
|
|
|
 |
ISSN (Online): 2041-8752
ISSN (Print): 2041-8744 |
 |
| Information |
|
|
|
|
| Sales & Services |
|
|
|
|
