Business Accounting Systems:

The government of Nigeria is making every effort to promote small scale businesses and economic diversification away from over-reliance on crude oil. Despite various schemes so far introduced by governments in Nigeria towards the promotion of enterprises and encouragement of small and medium scale businesses, not much is yet achieved. A lot of enterprising youths still prefer white collar jobs to entrepreneurship. However, the inability of small scale businesses to keep proper records, and also, non-separation of business transactions from household transactions are unexplored reasons behind the erroneous impression that businesses are not profitable as much as they really are. This book, using various practical examples, and very relevant life experiences, has been able to give necessary guides on how business records can be separated from household records hence the business owners and managers will clearly see the profitability of their businesses. This will make them see themselves better off as business owners and entrepreneurs than ¿mere salary earners¿.