The Impact Of Accounting Standard On The Development Of Small Scale Business

IN AKWA IBOM STATE (A CASE STUDY OF P–MAT TABLE WATER, NKEMBA) ABSTRACT This study examined the practical impact of accounting standard on the development of small scale business in Akwa Ibom State, with particular focus on P-MAT table Water Company as the study area. The researcher used the objectives of the study to identify the problems created by non-existence of accounting records and inadequate accounting information, due to the fact that most small scale business do not obey accounting standard. To show the impact of accounting standards on small scale business, random sampling techn…