Data Analysis In Accounting

Chapter 2

METHODOLOGY

This chapter focuses on the research design, data sources, instrumentation and data collection, data analysis, statistical tools, and categorization of data.

Research Design

This study made use of a descriptive research design. According to Trochim (2001), descriptive research design refers to the overall strategy that you choose to integrate the different components of the study in a coherent and logical way, thereby, ensuring you will effectively address the research problem. It constitutes the blueprint for the collection, measurement, and analysis of data.

Descriptive research is aimed at casting light on current issues or problems through a process of data collection that enables them to describe the situation more

The first part delineated the level of significance of the use of accounting informations in business; The second part dealt with the extent of effect of the use of accounting informations on the performance of small businesses; The third part focused on the degree of seriousness of the problems encountered on the use of accounting informations in business; The fourth part searched for the best accounting information that a small entrepreneur must use for the growth and maturity of the business.

Validity and Reliability In order to ensure the effectiveness and accuracy of the items listed on the questionnaire, the two sets of questionnaires were administered to the experts in the field of accounting. Specifically, three (3) teachers in Aringay National High School who teach subjects in-line with accounting are those who carefully checked and analyzed the questionnaires. All suggestions and recommendations made by the experts were acknowledged and incorporated in the research paper. For reliability, the researchers administered twice the questionnaires to ABM-12 Pacioli as pilot sample on February 14, 2018 and February 19, 2018. Weighted mean is used to determine the reliability of the responses with a value of 4.13 which is of high correlation, this means that the research instrument is

Retrieval of the questionnaires was personally done by the researchers on the same day they were floated.

Data Analysis Data analysis is the systematic organization and synthesis of research data (Polit and Hungler, 1995).

In this connection, to ensure the accuracy and validity of data, the gathered data were organized, tallied and presented in tables so as the processed data were analyzed systematically.

Statistical Tools

In order to have a valid and reliable analysis and interpretation of the data gathered from the respondents, the statistical tools used by the researchers are the descriptive ratings, percentages, frequency counts, average weighted means and rankings. These statistical tools were used to present both descriptive and numerical results of the study.

Categorization of Data The level of significance of the use of accounting informations in business was measured and interpreted using the following numerical values: Numerical Values Statistical Limits Descriptive Ratings (DR) 5 4.21- 5.00 Very Highly Significant