TABLE OF CONTENTS
Abstract
CHAPTER ONE
1.0 Introduction
1.1 Background of Study
1.2 Statement of Problems
1.3 Research Objectives
1.4 Research Question
1.5 Research Hypothesis
1.6 Scope of Study
1.7 Significance of study
1.8 Limitation of study
1.9 Definition of terms
CHAPTER TWO
2.0 Literature Review
CHAPTER THREE
3.0 Research methodology
3.1 Research Design
3.2 Population of study
3.3 Sampling Design and Procedure
3.4 Data Collection Instrument
3.5 Administration of Data Collection Instrument
3.6 Methods of data analysis
CHAPTER FOUR
4.0 Data Presentation and Analysis
4.1 Data Presentation
4.2 Test of Hypothesis
CHAPTER FIVE
5.0 Summary, Conclusion and Recommendation
5.1 Summary
5.2 Conclusion
5.3 Recommendation
References
Questionnaire
Abstract
The recent modernization and automation of Nigerian factories have created a demand for increased use of according information in Management decision making. To make meaningful economic decisions which relate to personnel, purchasing, production and marketing, Managers of various companies and Institutions have to rely on the use of quantitative characteristics of accounting Information which Include:- relevance, timeliness, reliability, representational, faithfulness, completeness, verifiability, neutrality, quantifyability, conciseness, among others. This research work has therefore looked into the effectiveness of the use of Accounting Information in Management decision making and planning with respect to the Enugu State College of Education (Technical) Enugu (ESCET).
In the course of this research, it was found that the Enugu State College of Education (Technical) makes use of accounting Information in management decision making.The Institute makes use of Accounting Information in making meaningful economics decision on personnel, purchasing, and fees to be paid by their students but the extent to which they make use of such Information especially on school fees vary.
The extent to which they depend on such Information has been found to be Influenced by the following factors:-
(a) The limited nature of formal Information System in providing external Information be tending to Ignore non-quantitative and non-economic information.
(b) The late arrival of the formal Information to be used.
(c) The power structure and political situation within the college or Organization which may cause the manager to Ignore or distort the Information.
(d) Cognitive Limitation of the manager &
(e) Recruitment of Unqualified Accounting Personnel.There is a positive relationship between the efficient use of accounting Information and the quality of decision taken in the Enugu State College of Education (Technical) and the efficient use of the Information Contributes positively to the Institutes performance; thus, the decisions and planning of the management can not be efficient without accounting Information.
This work also suggests different criteria for the improvement of formal (accounting) Information Systems. This research work has been structured into five chapters viz:- Chapter One discussed the Back ground of the study, Problems associated with the study, the Objectives, Hypothesis testing, the significance of the study, its scope as well as limitations and delimitation. Chapter Two reviewed the related literature in the areas of accounting information.
Such areas includes: Types of Accounting Information, Characteristics of accounting Information or Report, Decision – making using accounting information, short-term and long-term decisions, levels of Information in decision making, effective decision making, Application of accounting Information in managerial decisions and financial ratio analysis. Chapter three took a look at the Research Methodology used. Chapter four dealt with data analysis and testing of Hypothesis. Chapter five provided the findings and recommendations on how to improve upon the use of accounting Information with a corresponding epilogue.