Home » Business Admin. and Management » THE USE OF FINANCIAL ACCOUNTING INFORMATION SYSTEM FOR MANAGEMENT DECISION MAKIN...
THE USE OF FINANCIAL ACCOUNTING INFORMATION SYSTEM FOR MANAGEMENT DECISION MAKING
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 3,373 times
Delivery: Within 24 hoursABSTRACT
This study focused on the use of financial accounting information system for management devision making.
The objective of the study was to determine whether financial accounting information system was used by management for efficient and effective performance, and the extent the information guided and regulated management decision making in companies. This study proffered solution to the problems encountered by the management in the implementation of the financial accounting information system.
The study relied mostly on secondary data such as the financial rations responses to questionnaire the financial statement statistical test.
The major finding of the study was that employment of non qualified personnel in the account department lead to disregard of accounting information system.
It was also found out from the results of the percentage that accounting information system has a positive impact on management decisions in companies and there is a relationship between performance and effective use of financial accounting information my managers.
It was recommended that companies should employ qualified accountants or alternatively educate their staff on how to use the financial accounting information system for management decision making.
In conclusion it is found that the more merits than demerits in using the financial accounting information system for management decision making in companies.
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Within the later part of 1990’s Nigerian economy has been characterized my instability. This might be caused by not making good use of accounting information system for their management decision making. Accounting information is the provision of relevant economic information system to permit informed judgment and decision by user of the information”
Many companies are now closed down rendering many people jobless. This led a lot of instability in the society the surviving companies are on the verge of collapse.
Financial accounting covers those activates related to the preparation of certain report which are know as financial statements. These statements report the financial states of the firm at a particular the financial states of the firm at a particular period or time. The essence of this information system is for management and other users to make decision. The accuracy of the decision made depends on the design of the management information system (M.I .S) which calls for the management concerned to prepare the financial accounting information system for the guidance of the users.
Decision making can be described as the art of choosing among possible managerial actions.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
WORKPLACE INCIVILITY: AN ASSESSMENT OF THE CAUSES, CONSEQUENCES AND REMEDIES
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Workplace incivility is well recognized as a significant source of stress in the field of soci...More »
Item Type: Project Material | 54 pages | 595 engagements |
- 2.
WORKPLACE INCIVILITY: AN ASSESSMENT OF ITS IMPACT ON EMPLOYEES PERFORMANCE IN SERVICE INDUSTRY OF CA...
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Workplace incivility (WI), a form of mild misconduct characterized by ambiguous intentions to cau...More »
Item Type: Project Material | 54 pages | 443 engagements |
- 3.
UNVEILING AND ADDRESSING CHALLENGES OF DEMOCRATIC LEADERSHIP STYLE IN AN ORGANIZATION( A CASE STUDY ...
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Given that the business world is always changing, Lincoln (2018) noticed that old management t...More »
Item Type: Project Material | 54 pages | 326 engagements |
- 4.
THE ROLE OF KNOWLEDGE MANAGEMENT ON THE COMPETITIVE ADVANTAGE OF FOOD AND BEVERAGE FIRMS IN DOUALA, ...
CHAPTER ONE INTRODUCTION 1.1 Background Of The Study The manufacturing sector is an integral component in the evolution and progress of economies o...More »
Item Type: Project Material | 54 pages | 363 engagements |
- 5.
THE IMPACT OF STRATEGIC KNOWLEDGE MANAGEMENT ON ORGANISATIONAL PERFORMANCE IN CAMEROON (CASE STUDY O...
CHAPTER ONE INTRODUCTION Background of the Study Organizational performance pertains to the comprehensive efficacy and efficiency with which an est...More »
Item Type: Project Material | 54 pages | 403 engagements |
- 6.
THE IMPACT OF ORGANIZATIONAL CULTURE AND ENTREPRENEURSHIP ORIENTATION ON BUSINESS PERFORMANCE USING ...
CHAPTER ONE INTRODUCTION Background of the Study Businesses organizations have emerged as a prominent contributor to the Cameroonian economy, parti...More »
Item Type: Project Material | 54 pages | 356 engagements |