Abstract:
The aim ofthis project is to examine the ways of improving the effectiveness of accounts system
in production industries of Pakistan. Currently, the world and human life has been transformed
from information age to knowledge age and knowledge has been recognized as the most valuable
asset. So, on many factors this study wishes to examine the effectiveness of accounting system in
the production industries of Pakistan. It has examined the effects of accounting system on the
allocation ofresources in the production industries of Pakistan. It has also let us know the role of
effective accounting system in fraud detection and prevention and the relationship between
accounting system and the development ofthe industries. This study has shown the investigation
done on the factors affecting effective accounting system in the production industries by the
software namely EVIEWS AND SPSS, arid to offer some solutions to the stated problems.
