Abstract:
The objective of this study was to explore the Impact of Accounting
Techniques on Small Medium Enterprises Performance. The survey design was
appropriate for this study because it allowed investigation of possible relationships
between variables as well as data collection from broader category and comparisons
between variables. Data for the research has been collected through primary source and
that was from questionnaires. That questionnaire was consisting of various questions
relevant to the accounting techniques and small medium enterprises performance. And
also questionnaire was consisted of five point Likert scaling questions and there were
close ended (structured) questions. The study population was Small and Medium
Enterprises in Colombo Divisional secretariat in Colombo District. The sample of 100
were selected, and 55 Small Medium Enterprises responded, based on convenient
sampling technique. In order to investigate this fact the conceptual frame work was
developed to test and finds the relationship between those variables. There were two
variable Accounting Techniques (Independent) and Small Medium Enterprise
performance (Dependent).and there were six dimensions such as Accounting
Techniques, Record of Documents, Preparation of financial Statements, Accounting
Methods and Basis, Profitability and Sales Turnover. The data have been checked
through statistical software (SPSS) to find the effect of accounting techniques on small
and medium enterprises performance. That involved reliability analysis, descriptive
statistical techniques, correlation analysis and regression analysis. The findings were
presented using Tables and figures. According to the findings of the correlation analysis
and regression analysis, there was a weak positive and significant relationship between
accounting techniques and small and medium enterprises performance.
