EFFECT OF ACCOUNTING INFORMATION ON DECISION MAKING PROCESS
ABSTRACT
The paper examined the Effect of Accounting Information on Decision Making Process, with a particular reference to the Nigerian breweries plc. The research was geared towards understanding the operations in Nigeria breweries plc with an emphasis on decision making process. The problems, prospects and implications of the programme were also examined. The objective of the study is therefore to expose to various department the proper way to embark on effective accounting information. Firstly questionnaires were distribution of which thirty were completed and return using stratified random sampling. Also related literature dealing with the effect of Nigeria breweries plc were interviewed and secondary data were obtained from system. The data collected were later analysis and interpreted. From the study, it was discovered that accounting information is an important aspect of management policy, for higher productivity, efficiency and increased performance, though it in value a huge financial obligation. Finally, I will say that various organizations should therefore try and embark on accounting information on decision making for successful running of their organization.
CHAPTER ONE
1.0 Introduction
This research work on the effect of accounting information on decision making process, a study of Nigeria breweries Plc, Nite Mile Corner Enugu on the effect that accounting information exert in improver the decision making process of a company with reference to Nigeria breweries Plc Nite Mile Corner Enugu.
Decision making is simply making a choice out of several alternative or it is the process of studying and evaluating two or more available alternatives leading to a final choice.
1.1 Background of Study
With the view of being independence, Nigerians has the view of a better tomorrow. We were able to feed ourselves and provide ourselves with social, economic and political endeavor. Subsequently our hopes seemed unattained which made the country becomes as strong as the Iroko tree. The idea had, was that it would be worst for Nigerians to our economic adverse situation raising its ugly head. This economic crisis has made financial institution industries (large or small scale) go into distress at alarming rate and those who service this financial problem has form the onset prepared his/her firm against this ugly situation by mapping out all kinds of straggles example increase in price of this goods, adopts favorable production tool, engage in marketing etc.
Any business, firm, establishment that wants to survive this present day bad economy in Nigeria which must make a right decision, map out a good and competitive strategies to carry out his/her business successful. The price of any convincible item from garri and bread to electronic and educational items not to talk of the life wire of every man standing that is petrol which has presently made life unable for the adjust.
The economy is really in direst acts, the era of mile thumb is employing it, is a sure way final abysmaky. Organizing human and natural resources intricately are the problems of various organization effective planning and decision making process. Other factors such as stage flat iron taxation, economic and political empowerment this research accounting cost accounting as well as management accounting. There are other branches of accounting that would be favorable “Financial Accounting” is that part of accounting which cover the classification and recording at actual transactions of an entitling in monetary terms in accordance with established concepts principles of accounting standards and legal requirements. It involved metamorphosed into a very complex web of inter-grated financial information system which modern organization cannot do without.
It presents a broader, more overall view of the organization with primary emphasis upon classification according to type of transaction rather than the cost and management accounting emphasis on functions, activities, products and process and internal planning control. Cost accounting and management accounting are very much intrinsically inter that is to say that the different between the two superficial so that definition of management accounting is the provision of information require by the management for use, identifying, presenting and interpreting of information used for;
- Formulating strangely
- Planning and controlling activities
- Decision taking
- Optimizing the use of resources
- Disclosure to shareholder and other external to entity
- Disclosure to employees
- Safe guiding assets
There are various ways one can involves or participate in management to that there is effectiveness.
- Formulating of plans to meet objectives (strategic planning).
- Formulation of short term operation plans (budgeting profit planning).
- Acquisition and use of finance
- Reviewing and reporting on systems and operations
- Corrective measures to bring plans and results.
- Communication of financial and operating information.
Cost accounting as the part of management accounting which establishes budget and standard cost of operations, department or products and the analysis of variance profitability or social use of funds.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
Procedure for Downloading the PDF (Docx) Material
Effect of Accounting Information on Decision Making Process can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.
| Seminar Material Cost ₦3,000 | Project Material Cost ₦5,000 |
Request Complete Material
 | Click here to request the Complete Material via WhatsApp including;
|
TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.0 Introduction
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Effect of Accounting Information on Decision Making Process" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.0 Introduction
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Effect of Accounting Information on Decision Making Process" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
Frequently Asked Questions (FAQ)
Can the material for “An Examination of Traditional Mural Art of the Obingwa” be used as a guide for Fine Arts Project?
Yes it can be used — Modernization and globalization have caused changes in the mural art tradition of the Obingwa.The presence of modern trends in architecture and wall decoration with the use of industrial materials and contemporary designs have made the people of Obingwa to have contempt on traditional architecture and traditional wall decoration; which had not attracted any scholarly attention. In view of this, the study examined the Traditional Mural Art of the Obingwa. Chapter one focuses on the introduction, background of the study and statement of research problem. Furthermore, it states the objectives of the study which include: to identify the mural artists, mural art materials and motifs used in the traditional art and to enumerate the functions of the mural art, as well …
Can the material for “The Impact of Inflation on Private Consumption Expenditure and Economic Growth in Nigeria” be used as a guide for Economics Project?
Yes it can be used — This study empirically examine the impact of inflation on private consumption expenditure and economic growth in Nigeria using an annual time series data spanning from 1981-2012. In this study, modern time series econometric methodology such as Unit Root Testing, Johansson Co-integration test, Vector error co-integration granger causality test(VEC) and Vector Error Correction Model (VECM) where employed to model both the long run and short run relationships between inflation, economic growth, interest rate as (explanatory variables) and private consumption expenditure as (dependent variable). Augmented Dickey- Fuller (ADF) and Phillips− Perron (PP) test were conducted and the results show that all the data are not stationary at a level but after the first difference they become stationary. The Johansson co-integration test indicates that …
Can the material for “The Problems Associated with Loan Recovery in Nigeria Commercial Banks” be used as a guide for Banking and Finance (BF) Project?
Yes it can be used — Chapter one portals the problems associated with the Nigeria commercial banks why serves as the introduction of the problems associated with loan recovery and it also gives the historical development of commercial banks in Nigeria. Chapter two, lays emphasis on the loan, origin and deification and how loan playa vital role in loan lending for the economic development and money creation in our society, both the lender and borrower have a duty to per form, for an efficient and effective lending to be carried out. The conditions which the commercial banks must undergo before granting out loans to customers was emphasized in chapter. Three of these work. Despite the precautions taken by the commercial banks they still encounter series of problems in …
Can the material for “Budgeting System and Budgeting Control: as a Means of Improved Performance in Public Limited Company” be used as a guide for Business Administration and Management (BAM) Project?
Yes it can be used — The need for effective and proper planning necessitated the adoption of budgeting and budgetary control system. It is hoped that effective budgeting and budgetary would enhance effective performance, thereby, help in the attainment of the organization’s goals. This research will examine the role of budgeting and budgetary control towards effective planning in an organization as a whole, with specific objective of examining the need for sound budget preparation and implementation process. In going about this research work, primary and secondary methods will be used in data collection and sample methods were used in data analysis. This research work has become so important since organization performance is directly and indirectly dependant on how well an organization make use of budgeting and …
Can the material for “Design and Implementation of a Chat Application System” be used as a guide for Computer Science (CS) Project?
Yes it can be used — Online chat may refer to any kind of communication over the Internet that offers a real-time transmission of text messages from sender to receiver. The aim of the study is to Design and Implement a web based chat application that will allow users within an intranet / internet connection to engage in private and public conversations. In achieving this aim, the following specific objectives were laid out to design a chat application system, develop a conceptual design for a secure, accessible and user-friendly web based chat application, perform tests on the said system to assure functionality, accessibility and usability of the system and evaluate the existing literature of instant messaging and access the already made Chat Application System and improve …
Can the material for “Impact of Employees Participation in Decision Making and Organisational Productivity” be used as a guide for Education Project?
Yes it can be used — Decision is the point at which plans, policies and objectives are translated into concrete action. It is noted that Managers, do consider decision making to be the heart of their job in that they must always choose what is to be done, they influences the ordinary employees in decision making. The objective of the research is to know the impact of employees participation in decision making on organizational productivity in Nigerian public sector organizations. Structural questionnaires were administered to 210 respondents which include the management (senior) and intermediate staff of the company, through the employees participating in the decision making will result to high productivity in the organization. Data collected are analysed in a tabular form using a simple percentage …
Can the material for “Evaluation of Calcium in Cheese for Recommended Dietary Allowance” be used as a guide for Agricultural Engineering (AE) Project?
Yes it can be used — Cheese, a popular food across many cultures has been subject of many studies. It’s of many variants, providing huge nutritional value to humans. One of those many nutrients is calcium. Calcium helps the body in building bone structures amongst other important functions. In this study, we aimed at determining the proportion of calcium content in cheese. Thus, recommending a daily intake of cheese for Recommended Dietary Allowances (RDAs) for calcium. Samples of Cheese were collected from five zones in the Lagos environs. Atomic Absorption Spectroscopy (AAS) and Titrimetric methods were used for determining the calcium content. The two methods used in this analysis have showed to be appropriate for the determination of calcium in cheese. From the results, the calcium …
Can this topic “The Role of Maritime Industry in the World Economy” be used for Maritime and Transport Project?
Yes it can be utilized for research — The study investigates the role of maritime industry in the world economy. Ocean shipment trade, in thousands of tonnes served as the independent variable in all the three hypotheses defined while, the gross domestic product, citizen value of external reserves and external debt payment were employed as the proxies for the level of economic development, respectively for hypotheses I through 3. A simple regression analysis was applied to the time series data. Findings of the study include the fact that a significant and positive relationship exists between ocean shipment export trade and the gross domestic product, external reserve and external debt payment. Also shipment export trade is a significant contributor to World’s economic development under each of the dependent variables. …
Can the material for “Competency Development and Technology Needs Integrating Basic Technology with Teachers” be used as a guide for Vocational Education Project?
Yes it can be used — The study was carried out to determine competency improvement needs of technology teachers in the implementation of basic technology in Kogi State. Five research questions guided the study while five null hypotheses were formulated and tested at 0.05 level of significance. The study adopted survey research design. The population for the study was 344 teachers and supervisors of basic technology. There was no sampling because of the manageable size of the population. The instrument used for data collection was structured questionnaire. Three experts validated the instrument. Cronbach alpha reliability method was used to determine the internal consistency of the instrument in which 0.82 and 0.77 reliability coefficients were obtained for the two set of instruments. Weighted Mean and Improvement Needed Index …
Can this topic “Impact of Internet Advertising on Consumers’ Purchase Decision” be used for Business Administration and Management (BAM) Project?
Yes it can be utilized for research — The use of online advertisement in Nigerian market is increasing and businesses are more and more considering the internet as a source of marketing communication. However, few studies have considered the factors that influence online buyer’s decision when Nigeria is considered. Thus, the main objective of this study was to examine the factors that contribute to the effectiveness of online advertisements and how they affect consumers’ buying decision. JUMIA online shopping company was selected as the study organization. The targeted population was the entire students of University of Lagos, Akoka campus who must have at any time visited JUMIA online shopping platforms to make purchase. The method of carrying out the study was based on survey design. A total number …