EVALUATION OF DEPRECIATION METHOD USED BY MANUFACTURING FIRMS AND ITS EFFECTS ON PROFITABILITY A CASE STUDY OF BETA GLASS PLC, UGHELLI

ABSTRACT
This project work concentrates upon evaluation of depreciation method used by manufacturing firms and its effect on profitability with special references to Beta Glass Plc Ughelli. Chapter one deals with background of the study, statement of the study, objective of the study, research question, and significance of the study and definition of terms. Chapter two is literature review where authorities on the subject matter (Depreciation) were discussed. These include the different method for calculating for depreciation. Chapter three contains the methodology of the research, under this chapter, the method employed to source for data is both primary and secondary source. The statistical tool employ is the use of tables and simple percentage method. Chapter four base on Data presentation and analysis of result it also contain the discussion of findings while chapter five entails the findings, summary, conclusion, recommendation and suggestions for further study. The researcher discovered that depreciation of assets is very important in an organization because it help to determine the current value of assets at when financial statement is prepared. Therefore, the researcher recommended that management of organizations should provide for depreciation on yearly basic and the service of expertise that have good knowledge of depreciation should be engage so that current value of assets can be easily ascertained.

TABLE OF CONTENTS
Title i
Approval ii
Dedication iii
Acknowledgement iv
Abstract vi
Table of contents vii
CHAPTER ONE – INTRODUCTION
1.1 Background of the study 1
1.2 Statement of problem 2
1.3 Objective of the study 3
1.4 Research Question 3
1.5 Significance of the study 4
1.6 Scope of the Study 4
1.7 Limitation of the Study 4
1.8 Definition of Terms 5
CHAPTER TWO – LITERATURE REVIEW
2.1 introduction 6
2.2 Depreciation as an Expenditure 6
2.3 Depreciation and Non-Depreciation Assets 6
2.4 Reasons for Providing for Depreciation 7
2.5 Method of Providing for Depreciation 8
2.6 Effect of Different Method of Depreciation on Profitability 13
2.7 Costing View on Depreciation and the Method of
Appropriating of their various Cost Unit 18
2.8 Accounting Entries in the Books 18
2.9 Factors to be Considered in Depreciation Accounting 19
CHAPTER THREE – RESEARCH METHODOLOGY
3.1 Research design 21
3.2 Population of the Study 21
3.3 Sample Size 21
3.4 Sampling Techniques 22
3.5 Questionnaire Administration 22
3.6 Validity of the Instrument 22
3.7 Reliability of the Instrument 23
3.8 Method of Data Collection 23
3.9 Method of Data Analysis 23
CHAPTER FOUR – DATA ANALYSIS AND INTERPRETATION
4.1 Introduction 24
4.2 Data Analysis 24
4.3 Discussion of Findings 34
CHAPTER FIVE – SUMMARY CONCLUSION AND RECOMMENDATION
5.1 Findings 36
5.2 Summary 37
5.3 Conclusion 37
5.4 Recommendation 38
References 40
Questionnaire 41