An Appraisal Of Inventory Management And Control In The Manufacturing Industries (a Case Study Of Kp Beverage Nigeria Limited Ogidi)

This project work is undertaken with a view of finding out the appraisal of inventory management and control in the manufacturing industries. (A case study of kip beverages Nigerian limited ogidi). The study was necessitated by the apparent poor performance and the resulted large operating losses of most of our industries which retard their growth. There are a lot of public concerns on such issues as inventors show unwillingness their money on the industries.

The purpose of these studies is to know that constitutes sound of the appraised inventory management and control in the manufacturing industries. To determine the extent of which sound of the inventory control helping the manufacturing industries to ascertain if the internal control can affect the manufacturing system and make suggestion where possible to industrial ideal to the appraisal of inventory management and control in the manufacturing industries. The population includes managing director, accountant personnel manager and other accounting officers of KP beverages Nigeria limited Ogidi. The method used for data collection was both face to face interview and questionnaires while the method used for analysis the data is frequency table. The researcher found out plans. However, good plans cannot be made unless a sound system of account is involved which says that “for every credit entry, there must be a corresponding debit entry”. This implies that good plans cannot be made unless sound account prepared in accordance with the accounting principles and concepts is being kept. This research work also reviewed that the appraisal of inventory industries involve adequate control, proper budgeting, sound auditing, effective costing system, proper management of information and adherence to accounting standard which increase the profit maximization potential of the company the research.

It was observed that the KP beverages Nigeria Limited Ogidi, Anambra State employs the services of the internal and the external auditors. They also draft their yearly budget and used electronic and manual method in processing financial data in line with the findings, it was recommended that developing industries should adopt the three accounting system namely, financial, management and cost accounting; management should allow their auditor to be independent. 

 

CHAPTER ONE

INTRODUCTION

CHAPTER TWO

LITERATURE REVIEW

CHAPTER THREE

CHAPTER FOUR 

CHAPTER FIVE