THE IMPACT OF ACCOUNTING INFORMATION ON DECISION MAKING

THE IMPACT OF ACCOUNTING INFORMATION ON DECISION MAKING PROCESS (A CASE STUDY OF ANAMMCO ENUGU)

PROPOSAL

This research work on the impact of accounting information on the decision making process, a study of Anammco Ltd Emene is geared to x-ray the impact improvement of the decision making process of the company with reference to Anammco Ltd Enugu. Decision making is simply making a choice of several alternatives of the process of studying and evaluating two or more available alternative leading to a final choice. Any business, firm establishment wants survive the present day economy in Nigeria must make aright decision, map out good and competitive strategies that will help carryout his/her business successful. Accounting is not only concerned with keeping of records. It is concerned with more than the interest of any one who is dealing with accounting information is financial result, financial statement. information is defined as assisted in the dictionary of business and management as that which is assigned to data by means of convention used in their representation information which consists of data that have been retrieved. Accounting can defined as the process of identifying measuring and communicating economic information to permit informed judgment and decision by the users of the information (OKORIE ONOVO Enugu (2004) FINANCIAL ACCss COUNTING THEORY (SECOD EDITION). By the end of this research work, the researcher should be able to give adequate achieve the following:

To determine whether information generated by the account department are effectively applied in the productive production and Decision of the organization.
To know the extent to which these information fulfill the basic roles of cost minimization, proper allocation of scare resources and improvement in production efficiency.
To determine whether there are problems in generating and utilizing the information necessary for production and to suggest possible solutions to problem.

TABLE OF CONTENTS

CHAPTER ONE

1.0 INTRODUCTION 1

1.1 Brief history on the development of the

company Anammco 1

1.2 statement of the problem 3

1.3 Objectives of study 4

1.4 scope of the study 4

1.5 Significance of study 5

1.6 Research Question 6

1.7 Statement of Hypothesis 7

1.8 Definition of terms 7

CHAPTER TWO

2.0 LITERATURE REVIEW 11

2.2 Accounting nature 12

2.3 Accounting objectives 13

2.4 Value of information related to decision

making process 14

2.5 The impact of accounting on an organization 17

2.6 Users of accounting information 20

2.7 Tool of accounting information 22

2.9 Kinds of accounting tools 23

2.9.1 Financial accounting information and tools

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