AN EVALUATION OF THE EFFICACY OF ACCOUNTING INFORMATION AS A MEANS FOR FACILITATING MANAGEMENT DECISION-MAKING

Abstract

The primary aim of this project is to leverage accounting data in order to facilitate management decision-making. This book comprehensively covers the standards pertaining to information in the fields of accounting, financial accounting, and managerial accounting. The course will also investigate potential uses of accounting data in the context of management decision making. Upon completion of this task, it became evident that accounting data plays a crucial role in enabling management to make well-informed choices. Furthermore, the availability of financial data facilitates the process of operational and strategic planning & management. Ultimately, the project's emphasis contributes to the inferences made about the essence of the problem and the strategies used to address it in a way that ensures impeccable administration.