Accounting Skills For Sustainable Entrepreneurial Development
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| Author | : Emmanuel Ikechukwu Okoye |
| Publisher | : |
| Total Pages | : 21 |
| Release | : 2017 |
| Genre | : |
| ISBN | : |
Accounting skills was found to be contributory to business performance and as such entrepreneurs are advised to embark on capacity building in accounting skill in the area of financial management and record keeping. Entrepreneurs are agents and drivers of development in most economies of the world including Nigeria. An entrepreneur establishes his presence through the formation of a small and medium scale enterprise (SME). Accounting on its part, is of great importance to the development of small and medium scale enterprises. Accounting has variously been described as the language of business. This is in recognition of the fact that without accounting, determining organizational performance would become a mirage. Accounting provides fundamental information about a business so that interested parties and in particular investors can make informed decisions regarding that business entity. This paper therefore looks at the relevance of accounting skills to entrepreneurs of small and medium enterprises for sustainable performance and development in a developing nation using Edo State of Nigeria as a focal point. The aim of this paper is to ascertain if acquisition of accounting skills by SMEs operators have benefits that are accrual to the firms. The paper adopted the descriptive research design approach and data were generated from professionals and operators/owners of SMEs in the state through a fifteen point structured questionnaire. Data was analyzed using percentage analysis, the weighted mean, and the Z-test statistics. The hypotheses were tested using the Z-test for population proportion adopted at 5% level of significance under the two-tailed test. The results showed that accounting skills acquired by owners and operators of SMEs in the state will enhance their economic status and businesses performance. The result also showed that accounting skills will enhance their business acumen and profitability. It was also discovered that accounting skills has significant benefits accrued to firms who acquire accounting skills for sustainable performance and development. The paper recommends massive and regular training of owners and operators of SMEs nationwide on the accounting and business skills. The paper concludes that the acquisition of fundamental accounting skills by owners of small and medium scale enterprises is of utmost importance given the numerous contributions which are accruable to owners and operators of SMEs especially in developing nations.
| Author | : Ogodogun Emuoghene |
| Publisher | : |
| Total Pages | : 10 |
| Release | : 2017 |
| Genre | : |
| ISBN | : |
The study focuses on how accounting can be used to achieve sustainable entrepreneurship development. The study was premised on a descriptive survey design, research questions were raised and a review of extant literature carried out. A twenty-item questionnaire was administered on 55 accountants purposively selected from the private and the public sectors (ten years working experience and above) and 15 accounting lecturers from the academia. The judgmental sampling technique was used because the respondents are the ones in custody of the information required. The data generated from the study were analyzed using the mean scores and the hypotheses tested with ANOVA techniques. Findings revealed that accounting is a key element in sustainable entrepreneurship development, though its effectiveness is affected by several factors, but sustainable entrepreneurship has no significant effect on a nation's development. It was therefore recommended that entrepreneurs should be encouraged to acquire the basic accounting skills and the various factors militating against the effectiveness of accounting in achieving this goal should be remedied; so also government should be more proactive to make entrepreneurship sustainable more relevant to nation development.
| Author | : Unamma Nkiru |
| Publisher | : |
| Total Pages | : 7 |
| Release | : 2017 |
| Genre | : |
| ISBN | : |
The aim of this paper was to link and delineate how accounting skills are instrumental to entrepreneurial success and sustainable economic development in Nigeria. It is a descriptive study that used a simple qualitative approach to analyze the framework developed to show the vital place of accounting skills especially financial management skill in entrepreneurship and sustainable economic development. The study started from the premise that accounting skill was found to be contributory to entrepreneurial performance and as such entrepreneurs are advised to embark on accounting skill training especially in the area of financial management and proper record keeping. The study also recommended that government at all levels should make it mandatory for entrepreneurs to keep proper books of accounts and prepare financial statements. This will further assist the government in assessing entrepreneurs that are financially stable and capable of obtaining loans and grants from them.
| Author | : Baporikar, Neeta |
| Publisher | : IGI Global |
| Total Pages | : 696 |
| Release | : 2020-06-26 |
| Genre | : Business & Economics |
| ISBN | : 1799851176 |
With the need for sustainability, a focus on developing an economic system that aims at minimizing waste, commonly referred to as the circular economy, is emerging. Circular economy and studies related to it have gained worldwide attention, as it seems to be an effective alternative economic system. Naturally, the circular economy will impact enterprises and will shift how entrepreneurship development and entrepreneurial opportunities are perceived, developed, and resourced. The Handbook of Research on Entrepreneurship Development and Opportunities in Circular Economy is a collection of pioneering research that advances the understanding of entrepreneurship development, identifies the opportunities, and manages the entrepreneurship development, policies, and programs in order to further a circular economy. In addition to entrepreneurship development and entrepreneurial opportunities, the book will cover and discuss a number of other factors necessary for a successful transformation, such as entrepreneurship and innovation, entrepreneurship and change, and entrepreneurship education. While highlighting topics including consumer consumption, knowledge management, and linear economics, this book is ideally designed for entrepreneurs, small business owners, managers, consultants, organization development specialists, policymakers, researchers, industry experts, academicians, and students.
| Author | : Andrea Venturelli |
| Publisher | : Taylor & Francis |
| Total Pages | : 630 |
| Release | : 2024-11-05 |
| Genre | : Business & Economics |
| ISBN | : 1040145515 |
The introduction of Agenda 2030 and its 17 Sustainable Development Goals (SDGs) has traced a path for private and public entities interested in pursuing sustainable development. This handbook identifies the recent challenges in accounting research and the SDGs by exploring the evolutionary pathways and future direction of sustainability reporting. It explores the role of businesses as contributors to Agenda 2030 by assuming a multidisciplinary approach and provides a measure of organisations' contributions to the SDGs through the understanding of business strategies and policies on Agenda 2030 integration. The book represents a substantial and multi-faceted contribution to the debate on SDGs accounting by assembling international scholars and practitioners to effectively explore the practice and theory revolving around the current state of the art and highlight future research pathways. By providing a comprehensive evaluation of accounting for the Sustainable Development Goals, this volume will appeal to a wide variety of readers, from students, scholars, researchers, practitioners and policymakers interested in increasing their awareness of Agenda 2030 and offers a significant contribution to the evolution of accounting practices.
| Author | : Luísa Cagica Carvalho |
| Publisher | : Business Science Reference |
| Total Pages | : 0 |
| Release | : 2018 |
| Genre | : Business & Economics |
| ISBN | : 9781522552697 |
Accounting systems and sustainability management are vital for company management and performance. This is particularly difficult for small businesses. As such, it is necessary to understand the features and issues of sustainable accounting systems, with a particular focus on small business. Maintaining Sustainable Accounting Systems in Small Business is a critical scholarly resource that explores sustainability accounting systems with small businesses and how the economic, social, and environmental aspects are related to each other in the company's management and performance. Featuring coverage on a broad range of topics such as management control system, integrated reporting, and small and medium enterprises, this book is geared towards entrepreneurs, business managers, academicians, business professionals, and graduate-level students seeking practical information about the different sustainable accounting systems from strategic, organizational, and accounting perspectives.
| Author | : Nikolaos Apostolopoulos |
| Publisher | : Emerald Group Publishing |
| Total Pages | : 228 |
| Release | : 2018-10-08 |
| Genre | : Business & Economics |
| ISBN | : 1787563758 |
Given the compelling need to understand how entrepreneurship can support the Sustainable Development Goals (SDGs) and be appropriately guided, this book explores how entrepreneurial thinking and action can support social change, and investigates alternative entrepreneurship approaches by drawing together different studies.
| Author | : Pierre Baret |
| Publisher | : Taylor & Francis |
| Total Pages | : 267 |
| Release | : 2022-08-08 |
| Genre | : Business & Economics |
| ISBN | : 1000629236 |
Sustainability Accounting, Management Control and Reporting: A European Perspective traces a picture of innovative performance measurement tools and approaches to drive organizations to implement their shared value and sustainability strategy, considering different perspectives around accounting, managerial control and reporting. In recent years, organizations managing their responsible approach with relevance and pressure from stakeholders and regulations has proven to be a major challenge. During the first two decades of the 21st century, many companies have reached a real maturity in this area and have deployed coherent responsible approaches that are integrated into their overall strategy. It is now a matter of steering these responsible approaches from an accounting and managerial standpoint, but also of reporting on them. It requires the simultaneous use of comprehensive accounting, controlling and reporting tools. This book provides an innovative perspective on sustainable management control, comprehensive accounting and integrated reporting, presenting the most recent proposals and the main critical issues. Aimed at researchers, academics, managers, business leaders and advanced students, the book will be especially valuable to those in the fields of corporate social responsibility, strategic management, and accounting.
| Author | : Christina Weidinger |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 319 |
| Release | : 2013-08-13 |
| Genre | : Business & Economics |
| ISBN | : 3642387535 |
Sustainable Entrepreneurship stands for a business driven concept of sustainability which focusses on increasing both social as well as business value - so called Shared Value. This book shows why and how this unique concept has the potential to become the most recognised strategic management approach in our times. It aims to point out the opportunities that arise from putting sustainable entrepreneurship into practice. At the same time, this book is a wake-up call for all those companies and decision makers who underestimated Sustainable Entrepreneurship before or who are simply not aware of its greater dimension. Well structured chapters from different academic and business perspectives clearly outline how Sustainable Entrepreneurship contributes to solving the world's most challenging problems, such as Climate Change, Finance Crisis and Political Uncertainty, as well as to ensuring business success. The book provides a framework of orientation where the journey might go: What can a successful concept of SE look like? What are the key drivers for its realisation? What is the role of business in shaping the future of our society? The book also presents best practices and provides unique learnings as well as business insights from the international Sustainable Entrepreneurship Award (www.se-award.org). The Sustainable Entrepreneurship Award (short SEA) is an award for companies today who are thinking about tomorrow by making sustainable business practices an integral part of their corporate culture. Companies that receive the SEA are being recognised for the vision they have shown in combining economic and sustainable responsibility.
| Author | : CA. Gaurav Agrawal |
| Publisher | : Notion Press |
| Total Pages | : 189 |
| Release | : 2024-07-20 |
| Genre | : Business & Economics |
| ISBN | : |
Are you an SME owner struggling with accounting? Do financial statements and cash flow management feel like a foreign language? Our comprehensive guide, "The Entrepreneur’s Desk: A step by step practical guide to accounting for SME Success" is here to transform your accounting processes and empower your business. Why This Book? In today’s competitive business environment, efficient financial management is crucial for success. This book demystifies accounting, breaking down complex concepts into manageable steps. It’s packed with practical examples, real-world formats, and actionable tips, ensuring you can immediately apply what you learn.
