The Effect Of Accounting Information on Management Decision Making: A Survey of Quoted Companies in Nigeria

Reference code: C075

ABSTRACT

This study investigated the relationship between accounting information and management decision making of Nigeria Bottling Company in Port Harcourt. The purpose of the research was to determine the effect of timely, speedy and reliable accounting information on the management decision making process of the company. In order to achieve the purpose of the study, six (6) hypotheses were formulated and data collected from primary sources through the use of structured questionnaires which were distributed to sixty seven (67) accounting staff of the company. The collected data was analyzed using Pearson Correlation on SPSS version 21. The findings of the study showed that timely, speedy and reliable accounting information is positively and significantly related to resource allocation. The findings also showed that timely, speedy and reliable accounting information is positively and significantly related to the product line of the company. Based on the findings, it was concluded that: Timely accounting information is very important for optimal resource allocation and product line. It was also concluded that the use of reliable accounting information helps to enhance the product line and resource allocation of Nigeria Bottling Company. Finally, it was also concluded that the provision of speedy accounting information to managers improved operating performance of the company is substantially boosted. Based on the above conclusions, it is recommended among other things that: Accounting staff must be trained in the processes involved in providing speedy, reliable and timely accounting information in order to boost the company’s performance. We also recommend that manufacturing organizations should employ fully qualified accounting personnel who understand the importance of providing reliable accounting information on time.

BACKGROUND TO THE STUDY

............... The role of accounting information and management decision in organizations has grown enormously in the past. This is as a result of wildly extended business operations for the effective decision making. The quality accounting of information aid the management decision. The success, growth and survival of any firm depend on the quality of decisions made by its management, consequently, for a business organization to survive. It require a good accounting information system that flow to the management. The quality of decisions in turn depends on the quality and timeliness of accounting information which a very scarce resource is sought for by every organization. Accounting refers to the process of identifying measuring and communicating information to permit informed judgment and decision by user of accounting information.The accounting information is communicated by using financial statement, annual reports, management accounting reports and a common measurement performance of profit.

Accounting helps in information processing that serves several purposes such as;

i. Providing a record of assets owned, amount owed to and money invested.

ii. Providing an annual reports showing the financial position of an organization and the profitability of its operation.

iii. Helping in management of organization.

iv. Providing a ways of measuring and evaluating organizations effectiveness.

v. Helping the shareholders to monitor an organization activities and performance.

vi. It enable potential investors or funders to evaluate an organization and make decision ............

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TABLE OF CONTENTS

CHAPTER ONE: BACKGROUND OF THE STUDY
1.0 INTRODUCTION
1.2 STATEMENT OF PROBLEM
1.3 OBJECTIVE OF THE STUDY
1.4 RESEARCH QUESTIONS 
1.5 STATEMENT OF HYPOTHESES
1.6 SIGNIFICANCE OF THE STUDY
1.7 SCOPE AND LIMITATION OF THE STUDY
1.8 ASSUMPTION OF THE STUDY
REFERENCES

CHAPTER TWO: LITERATURE REVIEW
2.1 THEORIES OF ACCOUNTING INFORMATION
2.1.1 CONTINGENCY THEORY
2.1.2 AGENCY THEORY
2.1.3 TRANSACTION COST OF ECONOMIC (TCE) THEORY
2.2.1 CONCEPTUAL FRAMEWORK 
2.2 ATTRIBUTES OF ACCOUNTING INFORMATION
2.3 SAMPLE STRUCTURE
2.4 NIGERIA BOTTLING COMPANY OPERATION IN NIGERIA
2.5 HISTORICAL BACKGROUND OF ACCOUNTING
2.6 WHAT IS INFORMATION
2.7 NATURE OF ACCOUNTING INFORMATION   
2.8 SOURCE OF ACCOUNTING INFORMATION
2.9 MANAGEMENT’S USES OF ACCOUNTING
2.10 MANAGEMENT ACCOUNTING INFORMATION
2.10.1 CHARACTERISTICS OF USEFUL INFORMATION       
2.10.2 ANALYSIS OF FINANCIAL STATEMENT
2.11 TYPES OF RATIOS AND FORMULAR FOR COMPUTATION
2.12 EFFECTIVE OF FINANCIAL CONTROL ON THE NIGERIA ECONOMY
REFERENCES

CHAPTER THREE: RESEARCH METHODOLOGY
3.1 INTRODUCTION
3.1 RESEARCH DESIGN
3.2 POPULATION OF THE STUDY
3.3 NATURE/ SCOPE OF DATA
3.4 METHOD OF DATA COLLECTION
3.5 DATA ANALYSIS TECHNIQUES
3.6 SAMPLE/SAMPLE TECHNIQUE
3.7 VALIDITY RELIABILITY OF INSTRUMENT
REFERENCES

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.0 INTRODUCTION
4.1 DATA PRESENTATION
4.2 DATA ANALYSES
4.3 TEST OF HYPOTHESES
4.4 DISCUSSION OF RESULTS
REFERENCES

CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.0 INTRODUCTION
5.1 SUMMARY OF FINDINGS
5.2 CONCLUSION
5.3 RECOMMENDATIONS
BIBLIOGRAPHY
QUESTIONNAIRE


Reference code: C075

Reference code: C075

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