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The role of accounting information in production decision – making (a case study of phinomar nigeria limited)

 

Table Of Contents


  • Title pageApproval pageDedicationAcknowledgementAbstractList of tableTable of contentCHAPTER ONE: INTRODUCTION1.1            Introduction1.2            Statement of the study1.3            Objectives of the study1.4            The significance of the study1.5            Research hypothesis1.6            Scope and delimitation of the study1.7            Definition of termsCHAPTER TWO: REVIEW OF RELATED LITERATURE2.1            Overview of accounting and information accounting.
  • 2.2           Types of accounting information2.3            Qualities of accounting information2.4            The result of proper utilization of Accounting information2.5            Production decision- making and accounting information2.6            Characteristics of information2.7            Types of decision model used in production2.8            Decision and information characteristics2.9            Decision- making and accounting information2.10       Decision models and techniquesCHAPTER THREE: RESEARCH DESIGN AND METHODOLOGY3.1            Population study3.2            Sample size3.3            The research design3.4            Source of dataCHAPTER FOUR: PRESENTATION AND ANALYSIS OF DATA4.1            Presentation and analysis of questionnaires4.2            Test of hypothesisCHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION5.1            Discussion of  findings5.2            Conclusion5.3            Recommendation5.4            Limitations of the studyReferenceAppendix

Thesis Abstract

Managers make decision in order to choose from alternative course of action at a dynamic rate. This is done in order to achieve the set objectives of the firms in which they manage. To make these decisions, accounting information are used as a necessary guide.

Manufacturing firms make use of accounting information which have been complied from source documents, records and statement in accordance with systems. These information gathered are used to make effective production decisions which would achieve the objectives of profit maximization cost minimization, Production efficiency, proper resources allocation etc.

This study is aimed at discovering the quantitative attributes to accounting information which makes it an effective tool in the production decision-making and if the information generated is utilized in effective manner. Although, it is evident that decisions made in manufacturing firms are determined by the accounting information to a varying extent. It is hoped that the recommendations will show the importance of accounting information and that managers who make decision will comprehend it as a vital necessity in decision – making.


Thesis Overview

<p> </p><p><strong>1.1 &nbsp; &nbsp; INTRODUCTION</strong></p><p>Manufacturing firms in the present economy have to contend with a lot of economic variables which have been aimed at consolidating the gains of structure (adjustment programmes (S A P) since the first step introduced by SAP was self reliance, most manufacturing forms have had to consider the local sourcing of raw materials instead of the dependency on imported materials for their production processes. Other factors such as inflation, taxation, instability both economic and political, competition and market forces have caused a change in the out look of production.</p><p>In order to achieve their objectives the manufacturing firms have to make concise decision which would be relevant to the restricting of production processes and in profit maximization so as to survive in our ever- changing</p> <br><p></p>

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