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Financial Accounting Information System Usage for Management Decision Making in Nigerian Banking Institution
Author(s) -
C. E. Ofanson,
E. J. Ofanson,
Anastasia Chi-Chi ONUORAH,
O. G. Oboro
Publication year - 2022
Publication title -
asian journal of economics, business and accounting
Language(s) - English
Resource type - Journals
ISSN - 2456-639X
DOI - 10.9734/ajeba/2022/v22i730580
Subject(s) - accounting information system , accounting , business , management accounting , accounting records , productivity , work (physics) , institution , accounting management , finance , economics , political science , mechanical engineering , law , engineering , macroeconomics
This exploration examines the job of accounting information systems in helping associations settle on savvy decisions. This study depends vigorously on essential information gathered by means of overviews. The information was investigated using relapse and Karl Pearson's connection. The findings uncover that the bank's internal examiners were not given an adequate number of reports brilliantly. In any case, associations are exhorted Invest in information innovation devices to increase their productivity, adequacy, and generally speaking performance. The review closed as follows: An association's accounting information has been demonstrated to be its most significant resource (monetary venture). Accounting information has shown its viability as a management decision-making apparatus. Organizations were likewise worried about projects that are intended to help the general economy. The concentrate likewise prescribes that Managers ought to have the option to utilize the accounting or report information they are given to make examinations of choices, To maintain adequate execution, right division of obligations, and follow-up processes, both management and administrative officials should be involved in the oversight interaction. The bank should ensure that all review reports are shipped off their clients sooner rather than later to ensure that consideration is paid to and right records are maintained. The assets ought to be designated to endeavor to evaluate the effect of the accounting principles currently in use on administrative decision making. Management ought to occasionally offer in-support training for bookkeepers to work on their activities, since these projects give important management accounting information.

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