- Background of the Study
This project will examine the use of accounting information in decision making in tertiary institutions.
Accounting has been defined by different authors of the world, and its usefulness cannot be over-emphasized in any organization in the areas of measuring the performance and the accuracy of an organization.
The America accounting association (1966) defined accounting as the process of identifying, measuring and communicating economic information to permit information judgment and decisions by the users of the information.
Moreover, for any organization to record success in their endeavors, there must be a good communication in existence and communication is been defined as the process of sending and receiving meaningful and useful ideas through tangible and intangible media.
However, the most crucial area of accounting in the modern day business extends beyond this process of creating reports and records rather it is concerned with the use to which the accounting information has put it” analysis and interpretation as an aid to vital business decisions.
Accounting system must provide information to managers and to a number of outsiders who have an interest in the financial activities of the business enterprise. The outsiders are the owners, creditors, potential investors, the government and the public who have supplied money.
The use of accounting information as a tool and like must tools, cannot be of much direct help to those who are unable or willing to use it or misuse. However, it is expected to produce information to non-professionals as well as professionals who are willing to use it properly.
Accounting information when it is employed as a tool for management decision making in a business entity and parastatals, it is hoped that any item of doubt that shroud the level of efficiency, profitability (in case of profit making organization) and sustainable growth of the business will be dispelled.
STATEMENT OF PROBLEMS
Accounting information has been efficiently used for management decision making in the tertiary institutions, especially in Obafemi Awolowo University. So the following are the problems that are worth of research.
How to get complete project materials
Step 1: make payment of N3000 to any of the bank below
NAME: TITUS AYANI SOLA
BANK: FIRST BANK PLC
ACCT NO: 3111741042
ACCOUNT TYPE: SAVINGS
NAME: TITUS AYANI SOLA
BANK: WEMA BANK
ACCT NO: 0237422220