Browsing by Author "Bosa, Hannington"

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    Accounting information and performance of small and medium enterprises in Makindye division
    (Kampala International University, College of Economics and Management, 2015-12) Bosa, Hannington
    Information is critical to organizations' performance in today's highly competitive environment. The Statement of Accounting Concepts 3, International Accounting Standard Board (IASB) and Financial Accounting Standard Board (FASB, 1980) developed a conceptual framework for financial reporting where relevance, reliability, understandability and comparability are the qualitative characteristics that financial accounting information should possess. The study covered relevance, reliability, understandability and accuracy. There is a belief that there is a relationship between these qualities and performance of small and medium size enterprises. This dissertation investigates the con-elation between quality of accounting information and performance of small and medium enterprises. 150 participants from different categories of selected small and medium enterprises (SMEs); with 120 (80%) usable responses received. With the belief that there is a relationship between accounting information and the performance of small and medium enterprises, individual qualitative characteristics (relevance, accuracy, understandability, reliability) were tested with the performance. From the findings of the study, it is recommended that for better decision making and improved performance of small and medium enterprises, accounting information should be relevant, accurate, understandable and reliable.