Home » Accounting » ASSESSMENT OF THE EFFECTIVENESS OF ACCOUNTING INFORMATION AS A TOOL FOR MANAGEME...
ASSESSMENT OF THE EFFECTIVENESS OF ACCOUNTING INFORMATION AS A TOOL FOR MANAGEMENT DECISION
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 80 pages | 1-5 chapters | Amount: ₦5,000 | 2 orders. | Marked useful: 5,344 times
INSTANT PROJECT MATERIAL DOWNLOADASSESSMENT OF THE EFFECTIVENESS OF ACCOUNTING INFORMATION AS A TOOL FOR MANAGEMENT DECISION (A CASE STUDY OF PZ CALABAR)
47 people found this post useful
The effectiveness of accounting information as a tool for management decision cannot be over emphasized. Accounting keeps the financial score for a business, it call attention to the problem and the opportunities that comfort the enterprise. Where action in needed, it suggests possible solution or answers.
Accounting is an intellectual discipline, we need a working definition, accounting is defined as the act of analyizing evaluating and interpreting an organization financial activities and communicating the result to those who are interested. It can also be defined as the process of identifying, measuring and communicating the result to those who are interested. It can also be defined as the process of identifying, measuring and communication economic information to facilitate informed judgment to serve organization objectives. (According to WALGENBACH, P.H.. ET AL 1977), in his book “Financial accounting and introductory”.
From the definition above, itr could be observed that accounting is not restricted to the recording of transaction in monetary terms but it also provide information to its users. Accounting can be widely classified into two categories, they are:
USERS OF ACCOUNTING INFORMATION
Accounting information are required and used by various classes of people e.g. owner of the business, the government, investors, employees and creditors.
Sizer john (1969): say that “ the owners of the business share performance, compare their organization with similar others to enable them decide either to increase or decrease their share in the company. Through the use of accounting information, the government can determine that business are meeting their legal obligation to pay taxes, contribute social security benefits for their employees and also satisfy other regulations such as those concerning the registration and trading of their stock.
This material content is developed to serve as a GUIDE for students to conduct academic research
DOWNLOAD THIS PROJECT MATERIAL NOW!
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
THE IMPACT OF COST REDUCTION TECHNIQUES ON THE PROFITABILITY OF MANUFACTURING COMPANIES
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The proficiency of a company in cost management significantly influences its trajectory of exp...More »
Item Type: Project Material | 54 pages | 625 engagements |
- 2.
AN EXAMINATION OF THE RELATIONSHIP BETWEEN INVENTORY MANAGEMENT AND ORGANIZATIONAL PROFITABILITY IN ...
CHAPTER ONE INTRODUCTION Background of the study A critical constituent of current assets is inventory. It constitutes approximately 60% of its ove...More »
Item Type: Project Material | 54 pages | 346 engagements |
- 3.
THE IMPACT OF FINANCIAL LITERACY ON THE PERFORMANCE OF SMALL SCALE ENTERPRISES IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Small scale enterprises' (SSEs) contribution to the national economy should not be undervalued...More »
Item Type: Project Material | 54 pages | 1,733 engagements |
- 4.
THE EFFECT OF GOOD RECORD MANAGEMENT IN ORGANIZATIONAL PERFORMANCE IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the study Since time immemorial, information has been considered an essential resource for all types of orga...More »
Item Type: Project Material | 54 pages | 863 engagements |
- 5.
A STUDY ON THE IMPLICATIONS OF ETHICS IN FINANCIAL REPORTING ON MONEY DEPOSIT BANKS IN LAGOS
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The idea that an entity's financial statements are subject to a set of rules dictated by estab...More »
Item Type: Project Material | 54 pages | 1,005 engagements |
- 6.
AN APPRAISAL OF GLOBAL HEALTH INITIATIVE IN RESPONSE TO PREVENTION TO PANDEMIC DISEASE IN NORTH WEST...
CHAPTER ONE INTRODUCTION Background of the study The Global Health Initiative (GHI) aims to enhance the effectiveness and influence of all U.S. for...More »
Item Type: Assignment | 54 pages | 1,246 engagements |