The Role of Cost Accountants in Small Scale Manufacturing Industries in Nigeria

Use the information generated by costing personnel to determine whether you can increase the profitability of small manufacturing industries. Ensure that costing personnel provide detailed information on planning, management, and decision making for small-scale manufacturing. 4 Questions on related research How can information provided by accounting personnel help minimize the cost of small-scale manufacturing industry? Effectiveness of costing persons in improving productivity of small-scale manufacturing industry

Small businesses, small industries, small entrepreneurship spirit can be used interchangeably by small industrial companies. According to Ayozie (2006) there is no definition of small business agreed upon in Nigeria and worldwide. Many authors, scholars, and schools have different views on capital investment, number of employees, turnover, fixed capital investment, available factories and machinery, market share, and development level. To others

Small and medium enterprises in Nigeria play an essential role in ensuring the contribution to national economic development, but recognizing that small industries are generating consciousness, attracting and maintaining consumers is a non - It is efficient. The main problem is the question. According to Kola and Akinyele (2010), Nigeria knows little about effective marketing communications and customer roles to attract and maintain potential customers and existing customers. Advertising is one of the most effective tools for attracting consumers and convincing them. Jobber (2010) describes a powerful advertising theory that shows that people experienced stages of consciousness, interest, desire, and behavior (AIDA, 1920 model). According to this theory advertising is strong enough to enhance people's knowledge and change people's attitudes so that they can convince people who have bought the brand previously.

Small scale industries are spreading nationwide, but mainly in rural areas. Small scale industries in rural areas are based on skills, and manufacturing skills are handed down from generation to generation. Some of the products produced by these units are textiles, wood carvings, stone carvings and metal products. In the urban area there is also a small industrial factory, which usually occupies the maximum production of specific products in the country. For example, Ludhiana in the Punjab province is the major center of the country for the production of woolen socks, sewing machine parts, bicycles and its parts, Tilpur in Tamil Nadu is also representative of small and medium enterprises.