0704-883-0675     |      dataprojectng@gmail.com

THE EFFECT OF BEHAVIORAL FACTORS ON MANAGEMENT ACCOUNTING DECISIONS

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Simple Percentage
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: Available
  • Recommended for : Student Researchers
  • NGN 5000

Abstract:

This study investigates the effect of behavioral factors on management accounting decisions in Lagos State, Nigeria. The objectives are to: (1) evaluate how cognitive biases influence accounting decisions, (2) assess the impact on financial planning and control, and (3) analyze the challenges of mitigating behavioral biases in management accounting. A survey design was chosen to gather data from financial managers and accountants. The sample size, calculated using Taro Yamane's formula, ensures representativeness. The reliability coefficient score of the survey was 0.90. Findings indicate that behavioral factors significantly influence management accounting decisions, affecting financial planning and control. However, challenges such as identifying and mitigating biases were identified. It is recommended that companies in Lagos State provide training on behavioral finance and implement checks to minimize the impact of cognitive biases on management accounting decisions.





Related Project Materials

PSYCHOLOGICAL INFLUENCE OF BOKO HARAM INSURGENCY ON ACADEMIC MOTIVATION AND PERFORMANCE OF SENIOR SECONDARY SCHOOL STUDENTS IN POTISKUM, YOBE STATE, NIGERIA

ABSTRACT

This study examined the Psychological Influence of Boko Haram Insurgency on Academic Motivation and Performance of Senior Second...

Read more
FACTORS AFFECTING UTILIZATION OF PRIMARY HEALTH CARE SERVICES

ABSTRACT

This study was carried out on the factors affecting utilization of health care services using...

Read more
An Assessment of Barriers to Effective Occupational Health Services in Factories in Sokoto State

Background of the Study: Occupational health services (OHS) are essential for protecting workers from occupa...

Read more
An investigation of the role of IoT in inventory management: A case study of PZ Cussons Nigeria in Yobe State

Background of the Study

The Internet of Things (IoT) is revolutionizing supply chain and inventory management across ind...

Read more
An Assessment of Public Perception Towards Psychiatric Nursing as a Profession: A Case Study of University of Benin Teaching Hospital, Edo State

Background of the Study

Psychiatric nursing is a specialized branch of nursing that...

Read more
The Effectiveness of Cost Accounting Practices in Budget Management in Ilorin East Local Government Area

Background of the Study

Budget management is an essential function of local government operations, ensuring that resourc...

Read more
THE IMPACT OF TOTAL QUALITY MANAGEMENT ON THE PERFORMANCE OF BANKING INDUSTRY IN NIGERIA

Abstract

It is hardly news any longer that the service industry the world over is coming to terms with the fact that THE...

Read more
INNOVATIONS IN ASSESSING PRACTICAL SKILLS IN TECHNICAL EDUCATION

ABSTRACT: This study examines innovations in assessing practical skills in technical educat...

Read more
The Problem of Tenses among Nigerian Speakers of English

    1. BACKGROUND OF THE STUDY

Tenses refer to the form of a verb...

Read more
The Effect of Political Polarization on Local Government Effectiveness: A Study of Minna Local Government, Niger State

Background of the Study

Political polarization, characterized by the division of political actors and citizens into oppo...

Read more
Share this page with your friends




whatsapp