Proper Accounting Information as a Tool for Management Decision – Making
Quick Navigation for Final Year Undergraduates, Masters (Thesis), and Ph.D. Dissertation Students Who Need Our Services on Their Research Works
|Find More Project Topics||FIND HERE|
|Hire Us for Thesis Works||HIRE NOW|
|Hire Us for Project Works||HIRE NOW|
|Hire Us for Seminar Works||HIRE NOW|
|Hire Us for Assignments||HIRE NOW|
|Hire Us for Proposals||HIRE NOW|
|Contact Us||HERE NOW|
Abstract on Proper Accounting Information as a Tool for Management Decision – Making
The main objective of this researcher work is to find out by investigation and analysis how the services of accountants assist in the effective financial management in private and public organization. For some time now, cases of frauds, embezzlement and inadequate of accounting system which have led many establishments to liquidation and as such became necessary that a research be undertaken to find out a permanent solution to the problem. In chapter one efforts were made to defined and evaluate the system of accounting and the need why knowledge of accounting is necessary to everybody be it a business man, a civil servant, even a house wife. Chapter two reviewed some related literatures in the field of the research work. Chapter three treated the research methodology, design, anew of study, populations of the study, sampling and sampling procedures, instrument for data collection and courses method of data analysis. In chapter four, the data collected were presented and the analysis of results given in such a way far better understanding. Finally, in Chapter five a discussion of the findings and the implications were made. By and large, it was established that proper accounting information plays a vital role towards the effective financial management in Alo-Aluminium.
Chapter one on Proper Accounting Information as a Tool for Management Decision – Making
BACKGROUND OF THE STUDY
The owner of a business naturally wishes to run his business as efficiently as possible. One of the coordinal purposes of keeping accounts is to enable him to do this. His accounts should tell him the exact cost of what he is selling, the exact amount of each expense which is involved and the exact revenue of the business. With such information, the owner of the business can make comparison from year to year. Comparing the profit this year with the preceding years and investigate the causes of any difference.
This is, by making comparison of the expense incurred. By studying his accounts in this manner, the business manager can now formulate a business policy. He may, for instance take a discussion whether to rise or lower prices of his products; to embark on advertisement or not. To change the method of production or to change the organizational structure. To ordinary man in the street, Account means story, explanation, or report of money received and spent. In the remote past, the actual record – making is called “Book-Keeping”. However, accounting today extends beyond book-keeping.
According is a discipline concerned with the recording, analysis, and forecasting of income and wealth of business and other terms, the flow of economics values between or within economic entities.
This research material is intended for academic use only and should be used as a guide in constructing your research project and seminar presentation. You should never duplicate the content word for word (verbatim), as SCHOOLTHESIS.COM will not be held liable for anyone who does.
The purpose of publishing this material is to alleviate the stress of hopping from one school library to the next in search of research materials. This service is lawful because all educational institutions allow students to read past projects, papers, books, and articles while working on their own.
SCHOOL THESIS is merely giving this information as a research reference. Use the document as a reference or structure for your own research paper. This paper’s content should be able to assist you in coming up with new ideas and thoughts for your own study
Proper Accounting Information as a Tool for Management Decision – Making research paper, should only be used as a guide.