Every material on this site is authentic and was extracted from the complete available project. GET IT NOW
MS-WORD DOC | CHAPTERS: 1-5 | PAGES: 122 | PRICE: #3,000 ONLY
EVALUATION OF MANAGEMENT ACCOUNTING TECHNIQUES AS TOOL FOR PLANNING AND CONTROLLING DECISION MAKING IN SELECTED MANUFACTURING COMPANIES IN DELTA STATE
ABSTRACT
CHAPTER ONE
1.2 STATEMENT OF PROBLEM
Corporations unlike sole proprietors engage in a wide range of activities. This fact has result in departmentalization and division of labour. Hence, managers have a large span of control and their responsibilities have been multiplies. This development has resulted to the following problems.
- Lack of adequate control due to large span of control which hinder performance evaluation industries.
- Increased responsibilities and as a result of low level of supervision.
- Inadequate data of making decisions
- Poor performance of evaluation.
The researcher therefore intends to understand how management accounting techniques are tools such as variance analysis, budgeting and budgetary control, and standard costing can serve as a means of control and performance evaluation in industries. Evaluating to known whether the management accounting information, contributes in the going concern of the organization. And also to know whether the management accounting information contributes in the going concern of the organizational..
1.3 OBJECTIVES OF THE STUDY
The general objective of this study is to assess the evaluation of management accounting techniques as tool for planning and controlling decision making in selected manufacturing companies, through budgeting and budgetary control, variance analysis, standard costing.
In view of the above therefore the objective of this study will include:
- To find out the measure put in place to enable proper control of resource in the company.
- To find out the extent to which report made by each responsibility centre in helping the management in planning and controlling decision making
- To examine the extent the use of budgets costing as a means of ensuring control in the companies.
- To identify the loopholes in the companies reporting system.
1.4 RESEARCH QUESTIONS
- How are budget and budgetary control used in your company?
- How is the process of tracking down expansion of each responsibility centre conducted in your company?
- What system of reporting is put in place in your company?
- What is the basic of delegating responsibility in your company?
- In what ways are the tools of standard costing and variance analysis use to check control in your company?