ABSTRACT
The important of accounting in business world can not be over emphasized. They have becomes the foundation in which the whole fabric of modern commerce rest.
This project therefore, studies the important of accounting as an inevitable tools in profit organization with particular reference to Guinness Nigeria plc. I discovered that Guinness Nigerian plc is a well organized company it’s relevant to the industry from defining accounting and stating its relevance to the industry today. The study discussed the fact that even large organization prepared and present very high standards of accounting record of her business.
Data analysis was by means of sample percentages and chi- square method. Result of the analysis upheld the entire hypothesis put forward by the research.