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Vol. 7 No. 2 (2024): RJFSR Vol. 7, No. 2

Effect of Adopting Computerized Accounting Systems on the Growth of Micro and Small Enterprises: Analyses from the Southeast Region of Nigeria

Submitted
February 4, 2025
Published
2025-02-04

Abstract

Research Objectives: This study examined the effect of adopting computerized accounting systems on the growth of micro and small enterprises (MSEs) in the South East region of Nigeria. The study adopted survey research design. Micro and small scale enterprises in South-East geopolitical zones in Nigeria formed the population of the study. 

Methodology: The study made use of primary data. Questionnaire was an instrument for data collection. A sample size of 384 was adopted using Bill Godden sample size formula. Proportional stratified random sampling technique was employed to distribute this 384 to MSEs. It focused on responses from owner-manager and employee managers of MSEs. The data was tested using percentages, mean, and standard deviation, while the hypothesis was tested using regression analysis and analysis of variance. 

Conclusion: The adoption of computerized accounting systems has a significant effect on MSE growth in Nigeria. 

Recommendation: MSEs to adopt computerized accounting systems in their business operations to ensure accuracy, speed and growth.

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