Business organisation whether it is a micro, small, medium or large organisation, or it is in the form of sole trading, partnership, franchising, cooperatives or limited liability company need to keep accounting records, prepare books of accounts and gather accounting information for decision making with respect to operating into the foreseeable future. Accounting concepts and assumptions 'cum' its systems need to be in place for effective and efficient operations of the business. With respect to the aforementioned, this study seeks to examine the role of accounting in the promotion of entrepreneurship business cooperative societies in Nigeria. The literature review covers its accounting concepts, systems and cooperative societies eclectic approach in Nigeria. The hypothesis raised was drawn from the research question-Is there a relationship between accounting and business promotion?. It touches on the importance of accounting in promotion of business. Its methodology pictures a systematic styles and methods employed in the study. Data are gathered and presented as well as analysed and interpreted with aid of percentages and chisquare statistic. The study sorts out findings and recommendations; and further areas of studies are suggested, which calls for greater innovation in businesses.
Accounting, Cooperatives, Government and Systems
