ATTENTION:
BEFORE YOU READ THE CHAPTER ONE/ABSTRACT OF THE PROJECT TOPIC
BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL
PROJECT COSTS N5,000 ONLY.
THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT
IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420
THE
IMPACT OF ACCOUNTANCY INFORMATION ON DECISION MAKING PROCESS
CHAPTER
ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE
STUDY.
At independence,
Nigeria joined the committee of nation with the hope for a better tomorrow. We
were able to feed ourselves and were of course almost self-sufficient.
Subsequently our hopes seemed unattainable. We seem to be going deeper and
deeper into the woods. The consensus is that it has been bad for Nigeria.
Due to the adverse
economic condition prevailing in the country many businesses have closed, shops
and even financial institutions are being declared distressed at alarming rate.
Businesses that are yet to be submerged or that want to stay afloat employ all
kind of strategies. Some increase price, adopt promotional tools, engage in
aggressive marketing etc. whereas others goes for an odd combination of
activities and even undergo different kind of small business to survive.
Any business or
individual that wants to survive must make the right decision. The era of mile
of thumb is gone; employing it is a sure way to fail absurdly.
The price of any
conceivable item from garri and bread to radio and book not to mention petrol
has been soaring in geometric proportions over the year. The economy is truly
in distress. These compounds and complicates intricate are the problem of the
organisation vis-à-vis effective planning and decision making processes. Other
factors such as stagflation, taxation, economic and political problem are the
major problem which affects information and decision making. The future
orientation is what most company and bank get from making accounting decision
.the computation and interpretation of analytical ratios from financial
statement enable bank to determine their operation trends and provide a basis
for management decision making. Other users of financial analysis are used in
making financial decision and achieving the goal of sustainability determines
compliance with regulatory requirements. Financial analysis is an investment
that has positive return in the future on how decision will be made, how to
manage the finances to achieve the strategic goals of the institution through
decision making.
Many people think
that accounting as a highly technical field which can be understood only by
professional accountants actually nearly everyone practices accounting in one
form or the other. In modern times, management require a wide variety of
information to successfully accomplish its aim and objectives. This information
is mainly determined by the element of uncertainty about the future and lack of
knowledge about the present. Some of these decisions are of strategic
importance having a large impact on the business, others are routine operating
decision. Therefore accounting information is based on laws and regulations
governing the handling of accounting report contained in the financial reports
of organisation.
Making the right
decision depends on the possession of appropriate, accurate and up to date
information provided and presented in a meaningful way. This study set out to
examine the contribution of sound accounting system in providing the management
with financial and other information basis for dealing with decision problems
that arises from their organisational operations.
1.2 STATEMENT OF THE
PROBLEM Basically, the nature of manufacturing business compels it to carry out
a great deal of book-keeping records based on accounting principles and
information provided with the perpetual increase in the number of consumer of
manufactured..
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you
will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5,000) into our bank Account
below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) after we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
AFFILIATE LINKS:
myeasyproject.com.ng
easyprojectmaterials.com
easyprojectmaterials.net.ng
easyprojectsmaterials.net.ng
easyprojectsmaterial.net.ng
easyprojectmaterial.net.ng
projectmaterials.com.ng
googleprojectsng.blogspot.com
myprojectsng.blogspot.com.ng
https://projectmaterialsng.blogspot.com.ng/
Comments
Post a Comment