Role Of Accounting Information In Management Decision Making (A Study Of Selected Firms In Warri, Delta State)

EMMAUNEL NGOZ G | 79 pages (12517 words) | Projects

ABSTRACT

This study aims at evaluating the role of accounting information n management decision making in some selected companies. This was done under the following specific objectives: to find out how accounting information can help in providing accounting data for preparing financial statement and reports; to find out if proper accounting information can help these selected firms achieve efficiency; to determine whether effective accounting information measure has been taken or is carried out to prevent the occurrence of wrong decision making; and to ascertain whether organization make use of accounting information in the business operations. Structured research questionnaire was designed and administered on 78 randomly selected respondents from three companies in Warn, Delta State, Nigeria. The methods of data analysis included tables, simple percentage and chi-square statistical technique. From the analytical result, the following findings were made: Accounting information can help in providing accounting data for preparing financial statement and reports of the companies. That proper accounting in formation helped Data Sciences Nigeria Limited, Cakasa Nigerian Company Limited and Air Liquid Nigeria Plc to achieve effectiveness and efficiency in decision making in accordance with the responses from the respondents. The companies make accounting in formation available to all the staff members of the company as a measure been taken to prevent the occurrence of wrong decision-making. It was therefore recommended that Companies should consult professional accountant when starting a business to learn about the various laws that affect them and also to familiarize themselves with the variety of financial records that They will need to maintain.

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APA

EMMAUNEL, G (2021). Role Of Accounting Information In Management Decision Making (A Study Of Selected Firms In Warri, Delta State) . Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/role-of-accounting-information-in-management-decision-making-a-study-of-selected-firms-in-warri-delta-state-7-2

MLA 8th

G, EMMAUNEL. "Role Of Accounting Information In Management Decision Making (A Study Of Selected Firms In Warri, Delta State) " Mouau.afribary.org. Mouau.afribary.org, 11 Aug. 2021, https://repository.mouau.edu.ng/work/view/role-of-accounting-information-in-management-decision-making-a-study-of-selected-firms-in-warri-delta-state-7-2. Accessed 01 Nov. 2024.

MLA7

G, EMMAUNEL. "Role Of Accounting Information In Management Decision Making (A Study Of Selected Firms In Warri, Delta State) ". Mouau.afribary.org, Mouau.afribary.org, 11 Aug. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/role-of-accounting-information-in-management-decision-making-a-study-of-selected-firms-in-warri-delta-state-7-2 >.

Chicago

G, EMMAUNEL. "Role Of Accounting Information In Management Decision Making (A Study Of Selected Firms In Warri, Delta State) " Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/role-of-accounting-information-in-management-decision-making-a-study-of-selected-firms-in-warri-delta-state-7-2

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