THE MANAGEMENT OF ACCOUNT RECEIVABLE AND ITS IMPACT ON THE PERFORMANCE OF BUSINESS ORGANIZATION IN NIGERIA A CASE STUDY OF ENUGU HOME OWNERSHIP COMPANY

ABSTRACT

 

Recently with the present economic predicaments in the country, many business organization and individuals have found it difficult to cope with the high cost of living. This is due to the paucity of the cash available in the economy with which they can buy the necessary goods and services they required on the spot with cash.

Fortunately, with the advancement in the business world sales and purchase can be made on credit basis thus alleviating the sufferings and deprivation, that would have been experienced by individuals, business enterprises and various governments while making business transactions.

The research topic delves into trying to ascertain the management of accounts receivable and its impact on the performance of business organization in Nigeria, but with particular attentions to Enugu Home Ownership Company Limited Enugu.

In chapter one, a general background statement about the topic was given. The state of the problems of the study was mentioned, it also states the hypothesis for the study.

In chapter two, Review of related literature as regards to account receivable impact on the performance of business organization under this chapter, the definition of accounts receivables as were given by related literature and the formulation of accounts receivable policy, the determinants of accounts receivable policy as the measure of promoting accounts receivable were all examined from related literature. 

In chapter three, attempt was made to show the various methods used in gathering the necessary data for the studies e.g. Research design, area of study, population of study, sample and sampling procedure and others in the table of content and the problems encountered in data collection.

In chapter four dealt with analysis of findings based on the date collected, it evaluates and disuses the findings. The hypothesis set in chapter one was tested also.

Likewise ascertain effectiveness or ineffectiveness of the company in caring on the business.

Finally in chapter five, takes care of the summary of the findings and conclusions likewise making the necessary recommendation.