ACCOUNTING INFORMATION AS A TOOL FOR DECISION MAKING IN BUSINESS (A STUDY OF SOME SELECTED FIRSM IN RIVERS STATE)
ABSTRACT
This work is an attempt to re-emphasize the role of accounting information in ensuring good decision of business organizations. In this work, accounting information is seen as the only means by which the management of any business organization could communicate to its staff, debtors, creditors, government and infact, the general public about its operation successes and failure properly packed, the accounting information of a business speaks volumes of the availability or other wise of the business. specifically, this work ex-rays the extent to which business organizations make use of accounting information in achieving the objective of good management direction and control. All the accountants, managers, and some other staff in decision making position in business organization of this study. A total of 23 accountants, managers and members of management were randomly selected from three companies in PortHarcourt – River state.
This work notes that inspire of the importance of accounting information to business organization, companies make little or no good use of it. I should encourage the use of accurate, timely and capable financial data to generate good accounting information adequate enough to be used in a basis for day to day and periodic business decision. This is necessary not only to sale their organization from collapse but to help our economy to grow
TABLE OF CONTENTS
CHAPTER ONE:
Introduction
Background of the study ………………………………………..……1
Statement of problem…………………………………………………3
Objective of the study………………………………………3
Research Questions……………………………………………………4
Significance of the study………………………………………………6
Scope of the study………………………………………………….…7
Definition of terms ………………………………………8
CHAPTER TWO:
2.0 Introduction …………………………………………………………12
2.1 What is accounting ……………………………….………12
2.2 Objective of accounting ………………..…………14
2.3 Business objective & management function ……..………14
2.4 Application of accounting in decision making planning and control. ………15
2.5 The scope and users of accounting information ……………………17
CHAPTER THREE:
3.0 Introduction ………………………………….……….35
3.1 Research Design…………………………………………………….35
3.2 Population of the study………………………………………………36
3.3 Sample and sampling techniques ……………………………………36
3.4 Sources of data
3.5 Method of data collection ………………………………………36
3.6 Validation of the instruments.………………………….…………37
3.7 Distributed and retrival of the instruments…………………………38
3.8 Method of data Analysis …………………………………………….39
CHAPTER FOUR:
4.1 Introduction
4.2 Data presentation and Analysis ……………………………………..40
4.3 Finding …………………………………………………..50
CHAPTER FIVE:
5.0 Summary, Conclusion And Recommendation ………………….….54
Summary of the Findings ……………………………………………54
Conclusion …………………………………………………54
Recommendation ………………………………………..…56
References……………………………………..………57
Appendix A ………………………………………….………59
Appendix B……………………….………………….………60
Questionnaires …………………………………….……..61
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ACCOUNTING INFORMATION AS A TOOL FOR DECISION MAKING IN BUSINESS (A STUDY OF SOME SELECTED FIRSM IN RIVERS STATE)
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