Journal of Emerging Trends in Economics and Management Sciences: Home

Abstract:
Poverty reduction in Nigeria is seen as the most important of the Millennium Development Goals as adopted by the United Nations Millennium Summit of 2000. Studies have also shown small businesses as vehicles for growth and development of a nation thus requiring much attention. Further evidences showed that small businesses are affected by several many factors with major emphasis on funding. Despite the increased number of small businesses in Nigeria, the rate of business failure is alarming. It is expected that small businesses entrepreneurs possess distinct skills found to have greater effect on their performances for their development. The study thus attempted to investigate the effect of accounting skill on entrepreneur performance for the success of small businesses in Nigeria. Accounting skill was found to be contributory to entrepreneurial performance and as such, owner entrepreneurs are advised to embark on capacity building in accounting skill in the area of financial management and record keeping while the government make preparation of financial statement for performance monitoring mandatory for small business owners.

Keywords: accounting skill, small businesses, entrepreneur, business failure, business performance

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