THE IMPACTS OF ACCOUNTING INFORMATION ON NON-PROFIT MAKINGS ORGANIZATION (A CASE STUDY OF GRACE OF GOD MISSION AWKUNANAW)


THE IMPACTS OF ACCOUNTING INFORMATION ON NON-PROFIT MAKINGS ORGANIZATION (A CASE STUDY OF GRACE OF GOD MISSION AWKUNANAW)

Type: Project Materials | Format: Ms Word | Attribute: Documentation Only | Pages: 45 Pages | Chapters: 1-5 chapters | Price: ₦ 3,000.00

2,535 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com
THE IMPACTS OF ACCOUNTING INFORMATION ON NON-PROFIT MAKINGS ORGANIZATION (A CASE STUDY OF GRACE OF GOD MISSION AWKUNANAW)

TABLE OF CONTENTS

 

Cover page

 

Title page

 

Approval page

 

Dedication

 

Acknowledgement

 

Proposal

 

Table of contents

 

CHAPTER ONE

 

Introduction

 

Historical background

 

Statement of problems

 

Statement of hypothesis

 

Objectives of study

 

Importance of study

 

Conceptual definition of terms

 

Organization of studies

 

 

 

CHAPTER TWO

 

Review of related literature

 

What non-profit making organization is

 

Accounting information system

 

Accounting document

 

Sources of income

 

Accounting system

 

Accounting basis

 

Important of accounting information

 

Impact of accounting information

 

Dangers of unqualified hand handling accounting information

 

 

 

CHAPTER THREE

 

Research methodology

 

Sources of data

 

Research regulation and sample size

 

Research instrument used

 

Data analysis techniques

 

CHAPTER FOUR

 

Presentation and analysis of data

 

Analysis of questionnaires distributed

 

Board members/workers and members responses

 

Test and proofing of hypothesis

 

 

 

CHAPTER FIVE

 

Findings, summary, conclusion and recommendation

 

Discussions of findings

 

Summary of findings

 

Conclusion

 

Recommendation

 

Appendix

 

Questionnaire

 

Bibliography

 

 

 

 

 

 

 

CHAPTER ONE

 

INTRODUCTION

 

The applications of Accounting Information have contributed to the growth and development of every business entity.  Non-profit making organization on the other hand has immensely benefited from accounting information to survive, integrate and stabilize in this current economic recession in the country.  Any of the non-profit making organization that neglect the roles and impacts of accounting information will at the end of the day fold up.

 

 

 

Many churches today have split, folded up, merged with another due to claims that the church funds has been embezzled, diverged and mismanaged where the committee or the priest concerned fails to present and document financial records of the church.  This has created loopholes for the spreading of churches at every street and corners, hence churches are seen as the fastest means of making money.

 

 

 

1.1     HISTORICAL BACKGROUND

 

Grace of God Mission started in the late seventies, but was registered as a corporate body under the “Land  Perpetual Succession Act Lap 98” on 14th October, 1980.

 

 

 

Grace of God Mission as one of the leading and dynamic Pentecostal churches in Nigeria has a network of branches across each region of Nigeria and some branches outside Nigeria.

 

 

 

However, Awkunanaw began as a local church branch in 1984 under the pastoral care of late Rev. Raymond Iwundu.  The church at Awkunanaw grew like mustard seed to its summit as a Division Headquarter in  1997 having five (5) district churches and 23 local churches under her control.

 

 

 

1.2           STATEMENT OF PROBLEM

 

The persistent increase in cost of ineffective management of accounting information in church has caused schisms, folding up, breaking away and springing up of mushroom churches.

 

 

 

This project proposes to examine whether the church can survive, grow, stabilize under this atmosphere.

 

 

1.      To examine whether the inability of the priest to keep adequate financial information is responsible for crisis and break up of churches.

 

2.      To find out the problem that could likely be encountered or created where unqualified hand handles accounting information of the church.

 

1.3           STATEMENT OF HYPOTHESIS

 

The following hypothesis were formulated in order to find out the validity and reliability of information gathered.

 

H0:          Church cannot break away where the priest does not keep adequate financial information.

 

H1:          The church can break away where the priest keeps inadequate financial information.

 

H0:          Accounting information may not create problems where unqualified hand handles it.

 

H1:          Accounting information may create problems where unqualified hand handles it.

 

1.4           OBJECTIVE OF THE STUDY

 

Noted hereunder are specific objectives, which the project is designed to achieve:

 

 

1.      To find out the impacts of accounting to non profit making organization.

 

2.      To find out importance of accounting information to the church

 

3.      To see how accounting information could b e applied in the church

 

4.      To identity the problem created when accounting information is not used in the church

 

5.      To find out the problem associated with unqualified hand handling accounting information.

 

1.5           IMPORTANCE OF THE STUDY

 

The critical analysis of this work will be very beneficial to non-profit making organizations especially the churches. 

 

 

 

It will serve as a better information guide to churches who wish to apply accounting information.  It will help all to appreciate the impacts of accounting information not to the non-profit making organization but to profit oriented businesses.

 

1.6           SCOPE AND LIMITATION OF THE STUDY

 

This work covers the area of impact of accounting accompanying accounting information to Non-profit making organization with reference to Grace of God Mission Awkunanaw.

 

 

 

During the course of the research, the researcher faced the following problems.

 

 

1.      Financial constraint

 

2.      Time constraint

 

3.      Dearth of statistical information

 

4.      Lack of adequate research facilities

 

1.      Financial Constraint:  For the fact that the researcher is a student, the lacked the necessary finance to carryout extensive research on the topic,

 

 

2.      Time Constraint: The researcher as a student also have academic activities which limited the time used for the project other than what it would have been.  Also considering the shortness of the  semester and the time of submission of this project, there was not enough time left for the project work.

 

 

3.      Death of Statistical Information:  Facts were not easy to come about during the course of the project work.  I was subjected to unnecessary protocol at the expenses of my limited time before getting some facts.

 

 

4.      Lack of Adequate Research Facilities:  The research was faced with lack of adequate research facilities like up-to-date information and non-availability of relevant textbooks.  Most of the textbooks used for the project discussed on non-profit making organization as it related to social clubs, institution organizations., and cheatable organization.

 

1.7           CONCEPTUAL DEFINITION OF TERMS

 

The terms used in this project work has been simplified to enable even the least literate person to understand easily.  To this end almost complete elimination of technical works or expressions has been made.  This has been made in order to make sure that the information sought for from this work is got at a glance.  Nevertheless, some few technical words may include:

 

1.             Accounting

 

This is the act of recording, classifying  and summarizing in a systematic manner and in terms of money, transactions and events which are, in part at least, of a financial  character, and interpreting the result thereof.

 

2.             Information

 

This is processed data.  Data are merely facts and figures that have little to do with decisions.

 

3.             Planning

 

It is setting goals and ways to achieve them

 

4.             Surplus:

 

It is excess income over expenditure

 

5.             Deficit

 

It is excess expenditure over income

 

6.             Journal

 

A book of original entry listing transactions affecting general ledger accounts in chronological order in terms of their debit and credit amount.

 

7.             Ledger

 

A book containing the individual accounts of a business entity.

 

8.             Voucher

 

A written authorization to pay individual or company whose name appear in the vouchers.  Usually contain the name of the individual or company to be paid, the amount of payment, signature authorizing of payment, the reasons for payment, signature authorizing the payment and the accounts to be debited or credited as a result of the payment.

 

9.             GGM:

 

Grace of God Mission

 

10.           Tithes

 

Calculated 10% of one’s income

 

11.           Board Members

 

Members of Elders, Deacons and Deaconesses

 

12.           Church Workers

 

The Exco of various wings and departments in the church.

 

13.           Members

 

Those who do not hold any position in the church but they belong to the church.

 

 

 

1.8           ORGANIZATION OF THE STUDY

 

In order to have comprehensive approach towards the impacts of accounting information on non-profit making organization the researcher divided this work in five (5) chapters.

 

 

 

Chapter one deals with the introduction, brief history of the organization, statement of hypothesis, objective of study.

 

 

 

Chapter two deals with the literature review and the following topics were discussed under the following headings.  Non-profit making organization, accounting information system, accounting document sources of income, accounting system, accounting basis, importance of accounting information, users of accounting information, impacts of accounting, dangers of unqualified hand handling accounting information.

 

 

 

Chapter three talks on research methodology and chapter four is on the presentation and analysis of data. 

 

 

 

Finally, chapter five is on findings, summary, recommendation and conclusions.

THE IMPACTS OF ACCOUNTING INFORMATION ON NON-PROFIT MAKINGS ORGANIZATION (A CASE STUDY OF GRACE OF GOD MISSION AWKUNANAW)

Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@allprojectmaterials.com with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

A Research proposal for the impacts of accounting information on non-profit makings organization (a case study of grace of god mission awkunanaw):
Reviews: A Review on the impacts of accounting information on non-profit makings organization (a case study of grace of god mission awkunanaw), impacts, accounting, information project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
The applications of Accounting Information have contributed to the growth and development of every business entity. Non-profit making organization on the other hand has immensely benefited from accounting information to survive, integrate and stabilize in this current economic recession in the country. Any of the non-profit making organization that neglect the roles and impacts of accounting information will at the end of the day fold up. Many churches today have split, folded up, merged with another due to claims that the church funds has been embezzled, diverged and mismanaged where the committee or the priest concerned fails to present and document financial records of the church. This has created loopholes for the spreading of churches at every street and corners, hence churches are seen as the fastest means of making money... accounting project topics

THE IMPACTS OF ACCOUNTING INFORMATION ON NON-PROFIT MAKINGS ORGANIZATION (A CASE STUDY OF GRACE OF GOD MISSION AWKUNANAW)

Project Information

  • CATEGORY : ACCOUNTING
  • TYPE : PROJECT MATERIAL
  • FORMAT : MICROSOFT WORD
  • ATTRIBUTE : Documentation Only
  • PAGES : 45 Pages
  • CHAPTERS : 1 - 5
  • PRICE : ₦ 3,000.00

Share Links

Download Post
Download Post

Search for Project Topics

Project topics in Departments

Do you need a writer for your academic work?