Accounting information as an aid to management decision making

Accounting information as an aid to management decision making

Author by Dr. Tunji Siyanbola

Journal/Publisher: International Journal Of Management And Social Sciences Research

Volume/Edition: 1

Language: English

Pages: 29 - 34

Abstract

This study is the analysis of accounting information as an aid to management decision making. A survey research design was adopted in which fifty workers, of a typical manufacturing company, were used and data were collected using questionnaire. Four research hypotheses were raised and tested; while the demographic information of the respondents were analysed using simple percentage, the hypotheses were tested using t-test statistic at a significant level of 5%. The testing of the hypotheses revealed that:
? Accounting information has effects on management decision;
? There is a significant relationship between the perception of employees and accounting information;
? There is a significant relationship between time factor and accounting information;
? Accounting information has effects on the company’s performance
Based on the findings it was recommended that companies should employ professional accountant in order to provide valuable information and keep accurate record of their accounts


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