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DEMAND AND SUPPLY OF ACCOUNTING AND AUDIT SERVICES BY SMALL SCALE BUSINESSES




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DEMAND AND SUPPLY OF ACCOUNTING AND AUDIT SERVICES BY SMALL SCALE BUSINESSES


ABSTRACT
The interest in the role of small scale businesses in the development process of a country continues to be in the forefront of policy debates in developing countries. Every business whether small or large, simple or complex, private or public is formed to provide competitive prices (Ayozie, 1999). In this regard, Ariyo (2008) opines that “in many sectors around the world, small scale businesses are responsible for driving innovation and competition. Small businesses enterprises are the primary economic units and catalysts for boosting economic growth and development (Izedonmi, Umoren, and Odejayi, 2003). Globally, small scale businesses account for 99% of business numbers and 40% to 50% of GDP”. Ariyo also observed that “the UK government firmly believes that small and medium sized businesses are crucial to a successful enterprise economy and is fully committed to stimulating the creation, competitiveness and growth of new and small businesses”. In 2005 across the EU-27, there were around 20 million enterprises in the non-financial business economy; of these enterprises 99.8% were SMEs, the majority of which were micro enterprises. SMEs accounted for 67.1% of the EU-27 non-financial business economy workforce (European Commission Enterprise and Industry Directorate-General) (ECEID), 2008). Chu, Kara and Benzing (2008), viewed that “small enterprises are the leading force in the development of African economies.
TABLE OF CONTENT:

CHAPTER ONE
INTRODUCTION
1.1     Background of the Study
1.2     Statement of the Research Problem
1.3     Objectives of the Study
1.4     Significance of the Study
1.5     Research Questions
1.6     Research Hypothesis
1.7     Conceptual and Operational Definition
1.8     Assumptions
1.9     Limitations of the Study
CHAPTER TWO
LITERATURE REVIEW
2.1     Sources of Literature
2.2     The Review
2.3     Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
3.1     Research Method
3.2     Research Design
3.3     Research Sample
3.4     Measuring Instrument
3.5     Data Collection
3.6     Data Analysis
3.7     Expected Result
CHAPTER FOUR
DATA ANALYSIS AND RESULTS
4.1     Data Analysis
4.2     Results
4.3     Discussion
CHAPTER FIVE
SUMMARY AND RECOMMENDATIONS
5.1     Summary
5.2     Recommendations for Further Study
Bibliography


















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