Financial accounting information and management decision making:

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Kampala International University, College of Economics and Management
This study aimed to explain and clarify the importance of using financial accounting information in decision making process, to meet the requested administrative needs to rationalize the administrative decisions of the company. The researcher in collecting data depended on the primary sources and secondary sources, to achieve the goals of the study and in answering its questions. Through this approach she obtained the secondary data which formed the theoretical frame for the study. Meanwhile the practical frame depended on an interview and a questionnaire which were designed for the subject goal. The study came out with results and recommendations, to explain the importance of using accounting information in decision making process in the company, and the most important points, are: 1. There is a positive relationship between the extent of using accounting information in decision-making and taken decision, if the accounting information is correct the decision taken is correct. 2. Errors found in the information leads to errors in the decision to the detriment the interests of the company. 3. Management knows the role of accounting information in the rationalization of the decision making. And the recommendations: Administration must involve all the departments in the decision-making process.Joint employees who specialize in preparing financial reporting and accounting information in training courses to acquire skills and practical experience and knowledge of accounting information
A research report presented to the college of economics and management in partial fulfillment of the requirements for the award of a Bachelor’s Degree in business administration of Kampala International University.
Financial accounting information, Management decision making, Nilecom Limited