ABSTRACT
This research work is on the importance of cost accounting in management decision making. The existence of obvious mismanagement fraud and extravagance, scandalous embezzlement in our companies and even the government owned parastatals has led to the need to find out whether management in cost accounting has any impact or not in decision making.
It is the interest of the researcher to find out is as follows:
(i) Formulation of effective planning and control techniques.
(ii) The application of costing in management decision making
(iii) The relationship between cost data and management decision making.
The research used both primary source and secondary source for the study. The study has shown that there is increasing need for management, thereby creating the view that management control of accounting record makes it possible for errors and mistakes to be detected and corrected promptly.
Moreso through management the work of an individual will be complimentary to that of another to enhance efficiency. As a guide for management improvement some recommendation were put forward. These include movement from the emphasis on error reduction measure to management training and retiring of personnel to enable efficient management control to embrace the challenge of modern technology changes in accounting and other economic activities.
TABLE OF CONTENT
TITLE PAGE i
DECLARATION ii
APPROVAL PAGE iii
DEDICATION iv
ACKNOWLEDGEMENT v
ABSTRACT vi
TABLE OF CONTENT vii
CHAPTER ONE
1.1 Background of the study
1.2 Statement of problems
1.3 Objectives of the study
1.4 Significance of the study
1.5 Scope and limitation
1.6 Definition of terms
CHAPTER TWO: LITERATURE REVIEW
2.1 Meaning of cost accounting
2.2 Cost accounting system
2.3 Classification of cost
2.4 Purpose of cost accounting
2.5 Costing information for decision making
2.6 Decision making
2.7 Control
2.8 The element of control
2.9 Types of control
2.10 The importance of cost accounting in decision making
CHAPTER THREE
3.1 Summary of finding, recommendation and conclusion
3.2 Summary of finding
3.3 Conclusion
3.4 Recommendation
BIBLIOGRAPHY
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2015, 10). The Importance Of Cost Accouunting In Management Decision Making.. ProjectStoc.com. Retrieved 10, 2015, from https://projectstoc.com/read/6539/the-importance-of-cost-accouunting-in-management-decision-making-8692
"The Importance Of Cost Accouunting In Management Decision Making." ProjectStoc.com. 10 2015. 2015. 10 2015 <https://projectstoc.com/read/6539/the-importance-of-cost-accouunting-in-management-decision-making-8692>.
"The Importance Of Cost Accouunting In Management Decision Making.." ProjectStoc.com. ProjectStoc.com, 10 2015. Web. 10 2015. <https://projectstoc.com/read/6539/the-importance-of-cost-accouunting-in-management-decision-making-8692>.
"The Importance Of Cost Accouunting In Management Decision Making.." ProjectStoc.com. 10, 2015. Accessed 10, 2015. https://projectstoc.com/read/6539/the-importance-of-cost-accouunting-in-management-decision-making-8692.
- Related Works
- Financing Small-scale Industries In Nigeria (a Case Study Of Enugu State )
- “responsibility Accounting”
- The Effects Of Computer Application In The Banking Sector
- Financial Control And Accountability In Enugu State Ministry Of Finance.
- Appraisal Of Income Tax Management By Multinational Companies In Nigeria (case Study Of Selected Multinational Companies In The Southeastern States Of Nigeria)
- An Evaluation Of Effective Financial Management In A Computerized Accounting System (a Case Study Of Guaranty Trust Bank Plc Abuja)
- The Role Of Central Bank In Stablishing Nigeria Economy (a Critical Review)
- The Effects Of Nigeria Monetary And Firm Policies On Commercial Bank’s From 1990 – 2000 (a Case Study Of First Bank Plc. Okpara Avenue, Enugu).
- The Nature Of Internal Audit System In Educational Institution Regulatory Organization
- Impact Of Inflation On The Nigeria Economy