FINANCIAL ACCOUNTING INFORMATION AS AN AID TO MANAGEMENT DECISION MAKING

ABSTRACT

Decision making can be viewed as the very fabric of which organized activities are made.

          This partly depends on the amount of information supplied to management.

          This study is aimed at finding out information supplied by the accountant, through financial accounting and this brought about the need to put across the potentialities of the use of financial accounting information in the management of business through a research.

          The study also revealed the information derived from financial accounting statement, the extent of which these financial accounting information can be used in managerial decision by the business organization.

TABLE OF CONTENT

Title page

Approval page

Dedication

Acknowledgment

CHAPTER ONE

Introduction

1.1            Background of the study

1.2            Objective of the study

1.3            Significance of the study

1.4            Scope of the study

1.5            Limitation

CHAPTER TWO

 Literature of review

2.1            What is accounting

2.2            Basic accounting concept

2.3            Basic accounting convention

2.4            Types of account information

CHAPTER THREE

Summary of the research finding

3.1            Finding

3.2            Recommendation

3.3            Conclusion

3.4            Bibliography

References

CHAPTER ONE

INTRODUCTION

1.1            BACKGROUND OF THE STUDY

The accounting profession essentially involves the supplying of information to decision makes hence it is no surprise that accounting has always been involved in many information related problem. The need for this involvement is understood by the avowed aim of accounting which according to the America accounting association committee is to prepare a statement of basis accounting theory (ASOBAT 1961)

          The attainment of this objective requires both the identification as well as the disclosure of an adequate amount of information considered relevant to the users.

          Financial accounting covers those activities related to the preparation of certain reports which are known as financial statement. These statement report the financial status of the firm at a particular times, the firms activities, resulting profit and the flow of resources occurring within the firm during the same period.