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ACCOUNTING INFORMATION AND MANAGEMENT DECISION MAKING IN NIGERIAN

Code: 40B81122019  Price: 4,000   79 Pages     Chapter 1-5    6609 Views

This research work was designed to studding the accounting information impact on management decision making, identifying and exploring possible techniques applicable and based on the findings, make recommendations for clarifying the impact of accounting information on management decision. The data for this study were collected through structured questionnaire. Thereafter, the data collected were analysed, using nearson’s method which served to put qualitative characteristics in the data in numerical form and relationships. The four hypotheses formulated in order to carry out the research were empirically tested, by employing the t-test representation of table. FINDINGS The accounting system of any firm provides great information that help her management to make decision with respect to:- - Application of accounting information in policy making. - Measurement of performance level - Resources allocation - Other special factors affecting accounting information. CONCLUSION This research is for the purpose of accounting system to collect and communicate financial information in such a way as to assist managers and others in their endeavour. Therefore, the objective of the accounting information system is to permit managers to make optimal decisions this is to make the best allocation of the resources which they control. Two important functions of accounting are therefore, those of collecting and communicating information, and measuring and recording it. Communication and information of necessitate, first classifying them, interpreting and finally reporting. To be most useful, communication must be accurate, prompt and intelligible to the user. The effectiveness of the accounting will thus depend upon the quality of the information which he has collected, recorded and his ability to report upon it

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