ASSESSMENT OF THE EFFECTIVENESS OF ACCOUNTING INFORMATION AS A TOOL FOR MANAGEMENT DECISION
- Project Research
- 1-5 Chapters
- Quantitative
- Mean and Standard Deviation
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
This study was carried out to examine the effectiveness of accounting information as a tool for management decision. Specifically, the study examined the importance of accounting information for decision making, looked at the need for accounting information as a vital tools for managerial decision making, examined the extent management of the company under review have been using the accounting information given to them and examined the challenges of using accounting information as a vital tool for managerial decision making. The study employed the survey descriptive research design. A total of 259 responses were validated from the survey. The study adopted the modernization theory. From the responses obtained and analysed, the findings revealed that the the importance of accounting information for decision making is overwhelming and helps in knowing the growth and strength of the organization. Furthermore, it helps to track down income and expenditure and also ensures statutory compliance. The study recommend accounting information be used by organizations. More so, transparency of the accounting information should be ensured.
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