This project focuses on the value of accounting system in multinational company operation using Cadbury plc of  Lagos as a case study.

It comprises of five chapter one deals with the background of the study viewed by the researcher.

Chapter two contains adequate attempts made by the researcher to merge muiti-dimensuinal view form literature that is opinion of different writers in journals magazines and textbooks in relation to topic.

Chapter three deals with research methodology, method of data collection, sources of data, research instrument used, research design and termination of sample size.

Chapter four analyzes the returned questionnaires, tests the hypothesis and interprets them.

Finally, in chapter five the writes summarize, conclude and recommend the project work for appropriate persons.


Title page




Table of contents



1.1 Background of the study.

1.2 Statement of the research problem.

1.3 Objective of the study.

1.4 Significant of the study.

1.5 Research question.

1.6 Scope of study.

1.7 Study plan.

1.8 Definition of the key



2.1 Determination accounting system of multinational company.

2.2 Branch accounting system.

2.3 The summary of the requirement of the statement of accounting.

2.4 Accounting practice (SSAP 20 foreign current transaction)

2.5 Method and rates of transaction of foreign financial statement of subsidiary company.




3.1 Historical profile or case study.

3.2 Research hypothesis.

3.3 Method of data collection.

3.4 Method of data analysis.



4.1 Data presentation and analysis.

4.2 Computation of measures of effectiveness of accounting multinational companies operation.

4.3 Discussion of findings 



5.1 Summary

5.2 Conclusion 

5.3 Recommendation 

5.4 Limitation of the study







A multinational enterprise is a business enterprises that carries on operation in more than country through a network of branches, division, influenced invests and subsidiaries.

Multinational enterprises obtain raw material and capital in countries where such as plateful, multinational enterprises manufacture their product on nations where wage and other operating cost are lowest and they sell their product in countries that provide the most profitable market.

An accounting system is the possible ways or method in which accounting concepts may be applied to financial transactions.

Accounting policies refer to the accounting basic used by a company when accounting its financial statement.

Accounting system in multinational companies varies with the nature of operation type of business as well as the accounting standards principal and adopted by each company.

Accounting for multinational companies is one of several recognized specialist in the accounting, auditing, management accounting, behavioural accounting and financial information system.

The history of accounting is an international one double entry book-keeping often though of as the genesis of today, accounting eliminated from Italian city-state of the fourteenth and fifteenth centuries, in due course, Italian city state book-keeping migrated t Germany, France, the lowland and subsequently to Britain, the Britain influence spread accounting and auditing techniques not only to north American but brought out the existing Britain common wealth.

Multinational enterprises face a number of reporting requirement not applicable to domestic enterprises.


There are several problems that are faced in the appraised of the accounting system in multinational companies operation some of them are: - 

a. The conflict and difficult included by different national accounting standard and practices.

b. The problem of adjusting financial statement to reflect the various level of inflation in different countries.

c. The deficiency in the consolidation of the financial statement of foreign subsidiaries and the regulative affects in the multinational setting.

d. The problem of determining the total return from a multinational setting

e. The problem involved in foreign exchanged transaction into the accounting system in multinational company operation.

f. Internalization of some technical accounting standards.


The specific objectives of the study are: -

a. To investigate the affect of numerous existing the national accounting rules and regulations on multinational companies operations.

b. To examine the events have influenced the type of accounting system adopted in multinational companies.

c. To examine the problem of conversion of foreign exchange transaction brought about by the internalization accounting.

d. To examine the effect of consolidation of the financial statement of foreign subsidiaries or affiliates on multinational settings.

e. To investigate the effects of internalization of accounting on multinational enterprises operations.

f. To ascertain the area the clearly require adjustment in their accounting system.

g. To highlight the effect of competition on the sales procedure.

h. To examine the kind accounting books on records being kept as well as the type of account prepared in relation with the nature of operation in existence.

i. To examine the accounting policies adopted by the multinational companies.


This study will serve the following usefulness.

a. It will undoubtedly contribute tremendously to the accrete efficiency of the accounting system of the case study company and accounting system of the multinational company as a whole.

b. It will also contribute to the adoption of a uniform international companies.

c. This study will need for proper accounting system that meet international accounting standards.


In the course of this study, the experimental and group theory approach and question was adopted. This school of thought in favour of this approach open that the knowledge sought in any research is collect and or such that finding research is emerge from the analysis of the result achieves the group theory approach exchange the use of research question and simply to extract the necessary information required.


The scope of the study covers the following

a. The requirement of various accounting standard and practice in multinational enterprises.

b. Accounting for braches.

c. Accounting for joint ventures.

d. Accounting for transaction involving foreign currencies (foreign branch and subsidiaries)

e. Computerized accounting system.

f. Business combination and consolidation financial statements.


The study of plan is organized into five chapters.

Chapter one is the introduction: this entail giving definition of the study that is stating the theoretically background to study. It also enter highlighting the statement of the study, the scope and limitation of the study.

Chapter two the literature review: in this chapter topic relating to the study from different author are discussed. Topic such as determination of accounting system, multinational companies branches, accounting system, summary of the requirement of statement of accounting practice (ssrs) foreign currency transaction as well as accounting for group of companies.

Chapter three is the case of study and methodology: this given on historical background of the case study, which is a Cadbury plc. In Lagos. It also discusses the issue of research and source of data.

Chapter four is the data presentation and analysis: this entails stating the analysis of data computation of effectiveness of the study and statement of hypothesis.

Chapter five give the summary, conclusion and recommendation: is also highlights major of final summary and conclusion drawn the issues and useful recommendation.


A. WORKING CAPITAL: This is referring to the administration of all aspect of current asset and current liabilities. Is also relates to the total investment in current assets or the different between current asset and current liabilities floating or circulating capital is sometimes use for this term.

B. ECONOMIC ORDER: The number of units which will quantity (EOQ) order at a time and while result in incurring minimum cost.

C. INVESTMENT: This is on asset held mainly for the purpose of increasing shareholder, wealth but is not in the principal line of the business of the firm.

D. INVENTORY: This is otherwise known as stock inventories, are asset held for render in the ordinary courtesy of business of goals that will be used or consumed in the production of goods to be said.

E. OPERATING CYCLE: The average time that it takes to convert raw materials into cash. These are defined as chime help against other for money, goods or services collectable within a year or the operating cycle which ever is longer.

F. RE-ORDER LEVEL: The print at which is essential and imperative during the next hading or operating period.

G. HYPOTHESIS: These are tentative statement open to criticism.

H. SECURITIES: These refer to share stock debenture or bonds treasury bills, commercial bank deposits e.t.c.

I. BUDGET: This is a financial and or qualitative statement prepared and approved prior to a defined period of time of the policy to be pursued during that period, for the purpose of affecting a given objective.

J. CURRENT LIABILITIES: Current liabilities are the obligation that reasonable expressed to be liquidated. 



RESEARCHWAP.COM is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • " is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • " is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing