Download complete project materials on An Assessment Of Management Accounting As A Tool For Effective Management Controls
TABLE OF CONTENT
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TITLE PAGE
CERTIFICATION
DEDICATION
ACKNOWLEDGEMENT
LIST OF TABLE
CHAPTER ONE
INTRODUCTION
PURPOSE OF THE STUDY
OBJECTIVE OF THE STUDY
RESEARCH METHODOLOGY
SIGNIFICANT OF THE STUDY
STATEMENT OF THE PROBLEM
STSTEMENT OF HYPOTHESIS
SCOPE AND LIMITATION OF THE STUDY
DEFINITION OF TERMS
CHAPTER TWO
INTRODUCTION
THE ORGANIZATION STRUCTURE AND THE MANAGEMENT ACCOUNTING
DIFFERENCE BETWEEN MANAGEMENT ACCOUNTING AND FINANCIAL ACCOUNTING
MANAGEMENT ACCOUNTING COMPARED WITH COST ACCOUNTING
OBJECTIVE OF MANAGEMENT ACCOUNTING
TOOLS EMPLOYED TO ACHIEVE THE OBJECTIVE
THE KEYS AREAS OF WORK ASSOCIATED WITH MANAGEMENT ACCOUNTING
LIMITATION IN THE USE OF TOOLS
CHAPTER THREE
RESEARCH METHODOLOGY
RESEARCH DESIGN
SOURCES OF DATA
DATA COLLECTION METHOD
DATA ANALYSIS TECHNQUES
CHAPTER FOUR
DATA ANALYSIS AND PRESENTATION
MANAGEMENT ACCOUNTING TECHNIQUE (NAFCON LIMITED)
BUDGETING AND BUDGETARY PROCESS (NAFCON LIMITED)
EFFECTIVENESS OF MANAGEMENT ACCOUNTING (NAFCON LIMITED)
CHAPTER FIVE
SUMMARY OF THE STUDY
RECOMMENDATION OF THE STUDY
CONCLUSION OF THE STUDY
BIBLIOGRAPHY
APPENDIX
CHAPTER ONE
INTRODUCTION
All organization, whether they operate in the private or the public sector, exist in order to achieve on or more objective. While the exact nature of the objective may vary considerably, as the manner in which they are pursued. There is one feature that seldom varies; the resources available are never sufficient to permit the achievement of every desired aim.
It is against this background of limited of human resources, or capital or plant facilities or raw materials e.t.c. That objective as divers as profit mechanization or the provision of housing for homeless families has to be determined. Thus, it is not sufficiently merely to decide an objective but it is also necessary to makes plans for their achievement.
Problem And Prospect Of Auditing In Public Sector
The Role Of Working Capital Management As A Tool Effectiveness In The Nigeria Bank
Decision need to be taken on which strategies to pursue and which to reject, which a activities to undertake immediately and which to delay until later, which activities to modify or abandon and which to reinforce. This is the planning process.
This process of planning and control are two of the most important tasks unbdertaken by ther managers of an organization and together they form the nucleus of the overall management system. In order to carryout these task managers requires information. It is with the provision of such information that management accounting is primarily concerned.
Accounting information is not limited to financial information only but also to incorporate information about manpower level and usage, out put statistical activity level and so on.
If limited resources are to be put to their best use, effective systems of management and management accounting are an essential requirement of any organization. most of the descriptions of management system are management accounting tent to assume a business environment, and whilst there are many similarities between characteristics of the later result in the some important differences, hence NAFCON LIMITED.
PURPOSE OF THE STUDY
The main purpose of this study is to critically examine the effectiveness management accounting in National Fertilizer Company Limited and to also look at how it has served as a tools for management control process with special reference to National Fertilizer Company LIMITED.
This project also aimed at making recommendation as to whether or not, the system in operation is suitable according to the current development in the discipline.
Finally, it is aimed at what type of management accounting techniques is suitable or worthy of implementation in the National fertilizer Company Limited (NAFCON)
OBJECTIVE OF THE STUDY
The main primary of objective of this study areas follows:-
- To investigate the effectiveness of the National Fertilizer Company Limited
- How National Fertilizer Company can be improved through the appropriation policy instrument.
- To address the problem of inconsistency in the formulation and implementation of the policy.
- how National fertilizer Company Limited can ensured efficiency in the area of delivery of services to customers through the implementation of the policies.
- To provide appropriate recommendation and suggestion on how the service rendered by the National Fertilizer Company can be effective and efficient.
- To give way for more analysis by future study of the subject matter
RESEARCH METHODOLOGY
This study is carried out on the Topic, An assessment of management accounting as a tools for effective management control in Nigeria using National Fertilizer company limited as a case study.
The aim of embarking on the research arose out of interest and the need to investigate an assessment of management accounting as a tools for effective management control in Nigeria and its operation.
In the cause of the research into this particular Topic, primary data and secondary data are being used, that is data from text books, Journals and publication and seminars this is so because secondary data are readily available on the topic compared with any other sources of data and it is also cost effective and quicker through the source of dada has it own limitation on the fact that it is subjected to personal view and bias each writer on the topic.
SIGNIFICANT OF THE STUDY
The significant of this study is firstly, to promulgate the strong effect of the management accounting as a tools for effective management control on National Fertilizer Company in Nigeria.
To know the challenges faced by the National Fertilizer Company Especially in Nigeria.
To bring to light why National Fertilizer Company are regulated by authorities.
To inspire the regulatory of National Fertilizer Company for the enforcement of specific policies, rules to ensure efficiency in the delivery of services to customers effectually.
The significant of the study is to provide information that is capable for rectifying the problems encountered in the organization.
STATEMENT OF THE PROBLEM
The statement of the problem of this study is to determine how management accounting has been a tool for effective management control with specific reference to NAFCON Limited. It should be noted that for the success of any company, there must be accurate and effective information concerning cost and revenue for effective decision making which is sole aim of management accounting.
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