Abstract
The topic of this project work is "Impact of Accounting
Information on the Financial Performance of an Organization" and the main
objectives of the work are to develop standards governing financial reporting
which allow for ample scope for innovation and evolution as improvements become
feasible and to serve users who rely on financial statements as their principal
source of information. Following this, some of the raised problems were the
conflict of interest among the various users of financial statements if their
information needs do not tally and misunderstanding of how transactions are
accounted for. In the study of the work, primary and secondary data were
sourced for. Also works of other scholars, journals and conference papers were
used. The population of the study is 45 and the sample size is 40. The sample
size was determined using Yaro Yammane formula. The findings are that there is
a significant difference between accounting practice in private sector and public
sector. The recommendations are that the organization should follow the same
method of accounting information always and this could help in providing a
framework in producing financial statement and the use of accounting
information should act as a basis for the preparation of financial statements
that result in improved decision making of the management.
MATTHEW, O (2022). Impact Of Accounting Information On The Financial Performance Of An Organisation. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-accounting-information-on-the-financial-performance-of-an-organisation-7-2
OKAM, MATTHEW. "Impact Of Accounting Information On The Financial Performance Of An Organisation" Mouau.afribary.org. Mouau.afribary.org, 31 Oct. 2022, https://repository.mouau.edu.ng/work/view/impact-of-accounting-information-on-the-financial-performance-of-an-organisation-7-2. Accessed 31 Oct. 2024.
OKAM, MATTHEW. "Impact Of Accounting Information On The Financial Performance Of An Organisation". Mouau.afribary.org, Mouau.afribary.org, 31 Oct. 2022. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-accounting-information-on-the-financial-performance-of-an-organisation-7-2 >.
OKAM, MATTHEW. "Impact Of Accounting Information On The Financial Performance Of An Organisation" Mouau.afribary.org (2022). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-accounting-information-on-the-financial-performance-of-an-organisation-7-2