THE PROBLEM

Statement of the Problem

This study aims to assess the level of efficiency of the manual accounting

system among the small enterprises in Barangay Canduman, Mandaue City, Cebu,

Philippines, based on the perspectives of the owners. Furthermore, the results of

this study will serve as the basis for the formulation of a proposed simplified

bookkeeping for small enterprises.

Specifically, this research will seek to address the following sub-problems:

1. What is the profile of the small enterprise in terms of:

1.1 nature of business activity;

1.2 form of business organization;

1.3 years of business operation;

1.5number of employees; and

1.5 monthly income?

2. What is the level of efficiency of using manual accounting system in

the aspects of:

2.1 recording business transactions;

2.2 reporting business transactions;

2.3 compliance of government regulations; and

2.4 keeping business transactions?

 3. Is there a significant difference on the responses of small enterprises

owners on the level of efficiency using the manual accounting system?

4. Based on the findings of the study, how may a proposed simplified

bookkeeping be formulated to provide development on small enterprises?