IMPACT OF MANAGEMENT ACCOUNTING ON FINANCIAL PERFORMANCE
(A CASE STUDY OF CFAD NIGERIA, PLC)
This research work is expected to show the importance of management accounting and relevance of management information system to every organization with respect to CFAO Nigeria Plc.
The study among other things will consider the relevant concepts adopted in management accounting and various works by some authors, it will also examine the extent of utilization and effect of management accounting on the divisional earning view over five years.
The entire project work will be divided into five chapters and the data for the study will be group into primary and secondary sources, the researcher will also make use of questionnaires, textbooks, literally materials and journals.
Chapter one, will be talking about the general description of the study, the historical background of the case study, the statement of problems, purpose of the study, significance of the study, hypothesis statement, scope and limitation of study and definition of some vital terms associated with management.
Chapter two, will be related literature review of some authors about the impact of management accounting on financial performance.
Chapter three will talk about data collection through the usage of primary and secondary sources.
Chapter four will talk about how the data gathered from the various staff of CFAO Nigeria Plc, will be analyzed in percentages.
Chapter five will talk about the conclusion, recommendations and findings on how to improve financial performance through a good and efficient management accounting techniques.
TABLE OF CONTENT
1.1 GENERAL DESCRIPTION OF STUDY
1.2 HISTORICAL BACKGROUND OF CASE STUDY
1.3 STATEMENT OF PROBLEMS
1.4 PURPOSE OF STUDY
1.5 SIGNIFICANCE OF THE STUDY
1.6 HYPOTHESIS STATEMENT
1.7 SCOPE AND LIMITATION OF STUDY
1.8 DEFINITION OF TERMS
2.0 LITERATURE REVIEW
2.1 HISTORICAL BACKGROUND OF CFAO
2.2 MANAGEMENT ACCOUNTING AND OTHER SUBJECTS
2.3 SOME MANAGEMENT ACCOUNTING CONCEPTS
2.4 MEASUREMENT OF FINANCIAL PERFORMANCE
2.5 MANAGEMENT ACCOUNTING PRACTICE IN CFAO
2.6 TYPES OF FINANCIAL INFORMATION ATTAINABLE AT CFAO
2.7 INFORMATION SYSTEM (COMPUTERIZATION) AND MANAGEMENT ACCOUNTING
2.8 MANAGEMENT PROCESS
2.9 USEFULNESS OF MANAGEMENT ACCOUNTING
2.10 LINK BETWEEN MANAGEMENT AND MANAGEMENT ACCOUNTING
2.11 IMPORTANCE OF MANAGEMENT ACCOUNTING TO CFAO
3.0 RESEARCH METHODOLOGY
3.2 RESEARCH DESIGN AND CHARACTERISTICS
3.3 RESEARCH INSTRUMENT AND ADMINISTRATION
3.4 METHOD OF DATA ANALYSIS
3.5 DATA PROCESSING
3.6 LIMITATIONS OF METHODOLOGY
4.0 DATA PRESENTATION AND ANALYSIS
4.2 DATA PRESENTATION
4.3 TEST OF HYPOTHESIS
4.4 DATA ANALYSIS
4.5 INTERPRETATION OF RESULTS
5.0 SUMMARY, CONCLUSION AND RECOMMENDATION
5.4 RECOMMENDATION FOR FUTURE STUDIES.
1.1 GENERAL DESCRIPTION OF STUDY
the term management accounting came into use when accountants added to their existing function, it is not new though the interest shown in it is of relatively recent origin.
Management accountants particular task is to provide information to his colleagues relating to the economics aspect of the operation of an enterprise, which he will take from the field of accounting such techniques as will be useful he will always look at the enterprise with the eye of a manager, conscious of management problems, responsibilities, opportunities, limitations, hopes and fears.
Management accounting is abroad based electric subject drawing upon relevant concepts and principles from economics, statistics, operational research, management behavioural science, information system as well as from cost and financial accounting.
It could be reasonably assumed that if there is a sound management accounting department in an organization which produces relevant and accurate information as the right time, then such an organization is bound to financially perform well if such information as the right time, then such an organization is bound to financially perform well, if such information is effectively and efficiently utilized. The extent of which the above assumption or the organization is true using the Nigeria companies/organization is the subject of this study. It is