THE PLACE OF ACCOUNTING INFORMATION IN THE MANAGEMENT OF SMALL
SCALE INDUSTRIES IN EDO STATE
TABLE OF CONTENT
Chapter One
Background to the study
Statement of the study
Purpose of the study
Significance of the
study
Research questions
Limitations of the study
Chapter Two
Review of related
literature
Chapter Three
Research design and
methodology
Sampled area
Sample subject
Research instruments
Administration of the
questionnaire
Validity and reliability
of instrument
Statistical procedure
Chapter Four
Data presentation and
analysis
Chapter Five
Summary, Conclusion and
Recommendation
Summary
Conclusion
Recommendation
Suggestion for further
studies
References
Questionnaire
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
It is believed that the
study of accounting should start with it relationship to nature and objective
of business decision. Our concern centre on how it gives information that aid
the decision of management and how management react quickly to make the decision
effective through prompt handling of data and make needed adjustment to
achieved a set goal. It was the conviction that predicated in me the urge to
write on the topic. Accounting information as an aid to managerial decision
making. A case study of Ewu flour mill, Edo state of Nigeria
Business organization
produce goods and services by exploiting resource like man, material machine
etc. which are demand of bze scare in nature, after carefully considering the
decision to be taken. It can be seen from the above statement that accounting
information is very necessary as an aid in managerial decision making. Because
of this necessity a lot of scholars have gotten involved in the research of
this study exclude the Nigeria accounting standard board as well as other
private individual.
Accounting of the
statement (NASB 1984:5) the statement provides a continuing history qualified
in monetary term of economic resources and activities also the obligation of
business enterprises and at economic activities that change the resource and
obligation AICPA (45.D, accounting information therefore, provide the yard
stick for measuring the performance of a business organization and is also an
instrument against which management compares actual result with established
standards. This the information connected for corrective action when actual
income deviate markedly from pre-determined goals.
1.2 STATEMENT OF THE PROBLEM
The purpose of this
study is to ascertain the use of accounting information as an aid in managerial
decision making with specific interest in Ewu flour-mill plc.
This research work is
therefore aimed at answering the following questions.
i.
what is the state of financial report practices in Ewu flour-mill
ii.
Does the accounting and reporting practice in Ewu meet the information needs of
financial statement?
iii.
From what source is accounting information prepared
iv.
Does the decision made accounting information enhancing organization objective.
v.
What is the level of reliance is managerial having on accounting information.
The main concern of the
investigation is to examine the accounting information that aid the management
of Ewu in question in making decision and how management react quickly to make
the decision effective prompt handling of data.
1.3 PURPOSE OF STUDY
A study without
clearly defined objectives is baseless and worthless. In considering the above
fact, this research aimed at explaining the nature and the need of accounting
information in days of activities.
To fine out the degree to which accounting information has helped in the
organization of Ewu flour mill and to find out has such information has helped
other to improve the ewu profitable.
This work also
enlightens and widens the scholar is horizon and understanding of the
importance of accounting information, which is an indispensable tool
managements for any organization.
1.4 SCOPE
OF STUDY
The research work covers
the following areas
The determination of this information accounting prepared by ewu flour – mill.
This research work the various areas that use accounting information that
making decision e. management marketing etc
The study will contain
the various systems.
The study will review how operation activities in the organization use
accounting information.
1.5 SIGNIFICANCE OF THE STUDY
The importance of the
study is to found in the tittles itself. A good information systems is the
pirot of a successful administration, shareholders management, government and
others who need accounting information for decision making.
Conversely, improper or
unreliable records, poor decision and very. High risk shortens the life span of
a business organization. Accounting information is information quantified in
monetary term and which is generated from the accounting process.
Operating accounting
information related in the information which is require for routine operational
activity is of an enterprise, operating information contains the largest part
of information generated from the accounting process, this type of information
provides the basic data useful for making management and financial accounting
decision.
On the other hand,
management information consists of all information that are converted,
summarized, analyzed and reported in the management accounting process. These
information are use by managers top plan, co-ordinate and to control the
activities of the organization. Finally, the fact that accounting is a business
organization would be a basis for siring the performance of such an
organization, is enough justification for embarking as this study financial
accounting information are meant to meet the needs of both the organization
management and other interested parties. In cooperated organization, this class
of information is statutorily required. After time the management of a profit
making organization may be faced with the problem of decision making on issues
that might have on over bearing influence on the survival of such organization
the necessary information concerning the decision has to be evaluate in line
with the set best objective with a view to finding and selecting the best
alternative. In summary, the following are the significant of the study. To
encourage managers in the accounting efficiency can be attained.
To help managers
maintain appropriate and reliable cards. This study is design to highlight the
new employ trained accountant to record on the nature of transaction in the
organization.
1.6 RESEARCH
QUESTIONS
The research was carried
out by means information gathering. This information came about by the use of
already published books. Oral interview and questionnaires.
1. Is accounting
information important to small scale business?
2. Is the head of
account a member of board of management?
3. How many
financial statements are prepared by the company?
4. When is the end
of the financial fear of the company?
5. Is there an
account division in your company?
6. What factor
generally influences the working capital needs of the company?
7. What factors
are considered in making capital structural decision?
8. What is the
staff strength of account department?
9. Is the account
division sectionalized?
10. How many main division/department do you
have in your company?
1.7 DEFINITION
OF TERMS
ACCOUNTING: - Is the
process of gathering, measuring, recording, analyzing, and interpreting
business economic activities with a view to communicating some to concerned
parties.
INDUSTRY: - The
production of goods from raw materials, especially in factories.
MANAGEMENT: - Is the act
of running and controlling a business or similar organization.
INFORMATION: - Fact or
details.
ORGANIZATION: - A group
of whom from a business together in other to achieve a particular aim.
BUSINESS: - The activity
of making buying, selling or supplying of goods or services for money.
INDISPENSABLE: - Too
important to be without.
CONVERSELY: - In a way
that is the opposite
ENTERPRISES: - A company
or business
STATUTORILY: - Field by
law that must be done by law.
Department | Accounting |
Project ID Code | ACC0007 |
Chapters | 5 Chapters |
No of Pages | 60 pages |
Methodology | Chi Square |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
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Contact Us On | +2347043069458 |