Impact of accounting information on managerial decision making in Nigerian manufacturing sector

Abstract

Accounting information is an essential ingredient for understanding financial situation of the organization and the basis of making strategic decisions._ This study examines the impact of accounting information on making effective managerial decisions in manufacturing organisations‘ The major source of data for this research is primary data obtained through administration of questionnaires. Regression Analysis and Kori Pearson's correlation was used to analyses the collected data. The findings show that accounting information is an indispensable tool in decision making in today's turbulent world. Base d on the findings, it was recommended that manufacturing organizations should invest an accounting information system technology tools as it improves their efficiency, effectiveness and their overall performance.Accounting information is an essential ingredient for understanding financial situation of the organization and the basis of making strategic decisions._ This study examines the impact of accounting information on making effective managerial decisions in manufacturing organisations‘ The major source of data for this research is primary data obtained through administration of questionnaires. Regression Analysis and Kori Pearson's correlation was used to analyses the collected data. The findings show that accounting information is an indispensable tool in decision making in today's turbulent world. Base d on the findings, it was recommended that manufacturing organizations should invest an accounting information system technology tools as it improves their efficiency, effectiveness and their overall performance.