THE RELEVANCE OF SOURCE DOCUMENTS TO THE PREPARATION OF FINANCIAL STATEMENT. (A CASE STUDY OF GUINNESS NIGERIA PLC, BENIN CITY)
ABSTRACT
Source documents have a powerful function in the accounts. They almost also have a strong line relationship with the preparation of Financial Statements in any organization. Guinness Nig. Plc. was used as a case study in this project. This study highlights the vital importance of source documents in the accounting process. And how they form bedrock upon which all accounting evidence and practice are based. Even the vital role they play in the auditing of the books of account of any organization. From the field research carried out it was discovered and confirm that source documents were sacred in Guinness Nig. Plc. it was also confirm that source documents are now not only paper based but also electronic based source documents. Both are now strong part of record keeping process and backed by law and official policies of organizations including Guinness Nig. Plc.
