JOURNAL OF SOCIAL AND MANAGEMENT SCIENCES
Journal of the Faculty of Social Sciences, Delta State University, Abraka, Nigeria

ISSN: 1597-0396
DOI: 10.5987/UJ-JSMS
Email: jsms@universityjournals.org

ACCOUNTING INFORMATION AND THE PERFORMANCE OF SELECTED ORGANISATIONS IN RIVERS STATE.

DOI: 10.5987/UJ-JSMS.17.045.3   |   Article Number: 2BFD674   |   Vol.11 (3) - December 2016

Authors:  CHRISTOPHER Solomon Iniobong and OGBONNA Gabriel Nkwazema

Keywords: Accounting information, Performance, Organisations

ABSTRACT

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The study examined the impact of Accounting information and the performance of selected organisations in Rivers State, Nigeria. The study covers Genesis Group Nigeria Limited, Transcorp Hotels Plc, Seplat Petroleum Development Company, Orwell International Oil and Gas Limited, and Total Nigeria Limited all in Port- Harcourt, Rivers State, Nigeria. The data was obtained from primary source. The statistical method used was non-parametric test using Statistical Package for Social Science (SPSS 20.0). The result revealed obtained revealed that that the information generated by the accounting department have significant relationship in the production and decisions of the organization and Accounting information fulfils the basic roles of cost minimization, proper allocation of scarce resources and improvement of efficiency. The study recommends that staff and management should continue to engage in seminar/ training in order to enhance their understanding on how to generate and use accounting information for decision making.

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