You have no items in your shopping cart.
ABSTRACT
The increased complexity of the society and high level of competition in the business world has made it imperative for entertainment industries to utilize proper accounting systems in order to survive the volatile business climate. This research work studied accounting and the entertainment industry. It aimed to display the effect of accounting on the entertainment industry with emphasis on the Nigerian entertainment industry, Nollywood. The main objective of this study was to investigate how good accounting report has affected the entertainment industry’s growth. And also to investigate and report the financial and decision making problems associated with entertainment industries that do not keep proper accounting records. The methodology adopted were simple percentage and chi-square statistical methods to deduce general statement about the key effect of professional accounting on the survival of the entertainment industry. The findings reveal that accounting is a major tool in measuring the efficiency and performance in all entertainment industries. The recommendation put forward was that all organizations under the entertainment industry should employ the use of professional accountants to help keep adequate accounts. There should also be a conducive environment in every entertainment industry to support the work of accountants.
