Professional Documents
Culture Documents
(large or small) is the result of a decision that someone made or failed to make. The assumption
of good decisions and their fast implementation determine essentially the performance of an
Every organization needs to make decisions at one point or other as part of managerial
process. Decisions are made in the best interest of the organization. For that matter, decisions
made by the organization are to lighten the way forward. One of important assumptions in
Significant number of this information comes from accounting information systems and from
financial statements.
Small and Medium enterprises have been noted to play a significant role in employment
and economic growth of many countries. Indeed, in many developing countries as well as
developed countries, Small and Medium Enterprises (SMEs) are the focal point of growth and
self-employment. Small and medium scale enterprises are a fundamental part of the economic
fabric in most developing countries, and they play a very important role in furthering growth,
innovation and prosperity. Although smaller in size, they are the most important enterprises in
the economy due to the fact that when all the individual effects are aggregated, they surpass that
of the larger companies. The social and economic advantages of small and medium scale
However, the mortality rate of these small firms is very high. Many Small and Medium
Enterprises (SMEs) fails due to poor accounting methods, lack of concrete record keeping,
inadequate accounting information and procedures, lack of finance, weal institutional capacity,
lack of managerial skills and training of small-scale enterprises and tax related issues.
The accounting information that is produced by using accrual accounting has
With the conditions and observations cited, the researcher wanted to conduct a study
about the effect of accrual accounting methods used by selected Small and Medium Enterprises
(SMEs) in Surigao City with the intention to know the advantages of accraul accounting method
as its basis for decision making of Small and Medium Enterprises (SMEs).