ABSTRACT
This study investigates the Accounting Information system as an aid to decision making with particular reference to First Bank of Nigeria Plc as a case study. This was for the purpose of determining the role, needs and uses of accounting information system in management decision, the study also investigate Accounting Information areas, strategies that could be used in solving ailing problem facing management in a bank. The study assesses the depth of Accounting Information and also intends to highlight the major problem and challenges affecting the quality of accounting information. To achieve the objective of the study, descriptive and exploratory research design was adopted for the study. Data used for the study was both primary and secondary data, data from financial statement of the bank were used in testing the hypothesis drawn for the study and questionnaire administered were used in answering the research questions. In testing the hypothesis drawn for the study, Pearson Product Moment Correlation analysis were applied. Finding reveal that there is a significant relationship between the use of accounting information system and management decision making in terms of property, plant and equipment and Profit After Tax, it is also revealed that accounting information such as management accounting information help management to ensure that resources are obtained and used effectively and efficiently in attaining the goals of the bank. It therefore concludes that for a business to grow and survive, they should adopt and apply accounting information for effective management decision making and it therefore recommend that professional accountant should be employed in First Bank to enable management make use of concise and timely accounting information for decision making and finally accounting information should be prepared in compliance with International Financial Reporting Standard Principle (IFRS).
TABLE OF CONTENT
Pages
Cover page
Fly Leaf
Title Page – – – – – – – – – ii
Declaration – – – – – – – – – iii
Certification – – – – – – – – – iv
Dedication – – – – – – – – – v
Acknowledge – – – – – – – – – vi
Abstract – – – – – – – – – vii
Table of contents – – – – – – – – viii
List of tables – – – – – – – – – xiv
CHAPTER ONE
INTRODUCTION
- Background of the Study – – – – – – 1
- Statement of the Problem – – – – – – 2
- Objectives of the Study – – – – – – 3
- Statement of Hypothesis – – – – – – 4
- Research Questions – – – – – – – 4
- Significance of the Study – – – – – – 4
- Scope/Limitation of the Study – – – – – 5
- Organization of the Study – – – – – – 5
- Operation Definition of keep Terms – – – – – 6
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 Conceptual Review – – – – – – – 9
2.1.1 Assessing the Roles and Impact of Accounting Information in
Management Decision Making – – – – – 10
2.1.2 Type of Accounting Information and their user – – – 12
2.1.3 Qualities of a Good Management Accounting Information – – 14
2.1.4 Accounting For Decision Making – – – – – 14
2.1.5 Important of Decision Making in Business organization – – 16
2.1.6 Advantages of including Employees in Decision Making – – 18
2.1.7 Management Decision Requiring Management Accounting
Information – – – – – – – – 19
2.1.8 Qualitative Characteristics of Accounting Information – – 20
2.1.9 Accounting Information Tools – – – – – 22
2.1.10 Dividend Decision Making – – – – – – 24
2.1.11 Qualitative factors in Decision Making – – – – 24
2.1.12 The Decision Making Process – – – – – – 25
2.1.13 Classification of Management Information System – – – 27
2.1.14 Sources of Accounting Information – – – – – 27
2.1.15 Difference between Management Accounting Information and
Financial Accounting Information – – – – – 29
2.1.16 Content of Financial Information Decision Making – – – 30
2.1.17 Challenges in the use of Accounting Information in Decision Making 30
2.2 Theoretical Review – – – – – – – 31
2.2.1   Psychological Theory –          –          –          –          –          –          –          31      Â
2.2.2 Management Theory – – – – – – – 34
2.2.3 Relationship between Accounting Information and Decision Making
Theory – – – – – – – – – 36
2.3      Empirical Review       –          –          –          –          –          –          –          38
2.4 Summary of Related Literature – – – – – 39
2.5 Research Gap – – – – – – – – 40
CHAPTER THREE
METHODOLOGY
3.1 Research Design – – – – – – – 41
3.2 Area of the Study – – – – – – – 41
3.3 Population of the Study – – – – – – – 41
3.4 Sample Size and Sampling Technique – – – – 41
3.5 Source and Nature of Data – – – – – – 41
3.6 Methods of Data Collection/ Instrumentation – – – – 42
3.7 Methods of Data Analysis – – – – – – 43
3.8 Theoretical Specification of Model – – – – – 43
3.9 Empirical Specification of Model – – – – – 44
3.10 Ethical Issues – – – – – – – – 44
CHAPTER FOUR
DATA PRESENTATION, ANALYSIS AND DISCUSSION OF FINDINGS
4.1 Presentation of Data – – – – – – – 45
4.2 Analysis of Data – – – – – – – 46
4.2.1 Analysis of Research Questions – – – – – 46
4.2.2 Test of Hypothesis(ces) – – – – – – 52
4.3 Discussion of Findings – – – – – – 55
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.1 Summary – – – – – – – – 57
5.2 Conclusion – – – – – – – – 57
5.3 Recommendations – – – – – – – 58
5.4      Implication of Findings         –          –          –          –          –          –          59
5.4 Contribution of Knowledge – – – – – – 59
5.5 Suggestions for Further Study – – – – – 59
REFERENCES
APPENDICES
