IIARD International Institute of Academic Research and Development

Journal of Accounting and Financial Management (JAFM )

E-ISSN 2504-8856
P-ISSN 2695-2211
VOL. 10 NO. 8 2024
DOI: 10.56201/jafm.v10.no8.2024.pg258.267

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Assessing the Role of Accounting Practices in Promoting Sustainable Food Production and Improving Food Security Management in Yola South, Yola North, and Fufore Local Government Areas of Adamawa State

Danjuma Mohammed (PhD), Pwagusadi Joyce Solomon (PhD) and Rukaiyatu Adamu

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Abstract

This study examined how accounting practices promote sustainable food production and security in Nigeria's Yola South, Yola North, and Fufore LGAs. The study examined how Micro, Small, and Medium-scale farmers' accounting practices affect food production and security. The study population is one hundred and fifty (150) Micro, Small, and Medium-scale farmers within the study area. The study used a mixed-methods approach, Focus Group Discussions, and Community Generated Indicators (FGD-CGI). Small and medium-scale farmers were examined on accounting practices and sustainable food production. The study found that accounting practices are crucial to sustainable food production and security management. Conversely, the majority of the sampled population are small-scale farmers whose records keeping are not straight and majorly single entry. The FGD-CGI also revealed that the small-scale farmers acknowledged that accounting practices are crucial to managing financial resources for sustainable food production and food security. Thus, the study recommends that farmers should improve accounting practices at all levels of agribusinesses to make informed decisions about sustainable food production practices.

keywords:

Accounting Practice, Food Security, FGD, CGI, Food Production.

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Sponsorship
The research was made possible through the sponsorship and funding by the Tertiary
Education Trust Fund (TETFUND) under the Institutional-Based Research (IBR) grant.

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