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THE ROLES INVOLVING MANAGEMENT ACCOUNTING IN PROFIT MAXIMIZATION

  • Type:Project
  • Pages:142
  • Format:Microsoft Word
(Accounting Project Topics & Materials)
ABSTRACT
Accountants have been bestowed with the role of providing information to the management regarding the affairs of the organization in particular and to the stakeholders in general. Internally, in manufacturing organization, management has always relied on the management accountant for cost evaluation and performance efficiencies of cost element. This role of management accountant to the management has been in doubt because of incessant increase in the cost elements of goods manufactured in Nigeria which in cause has resulted in constant increase in the price of goods. The aim of this research study is to evaluate the role of management accountant to cost control and profit performance in an organization. a quasi-experimental research design was adopted for this research study and the sample size was selected using the Taro Yamane sampling technique. Primary and secondary sources of data were used in collecting information which was analyzed using simple percentages. The hypothesis was tested using chi- square statistical method at 0.05 level of significance for validity and decision making. The findings from the analysis of the research study depicts that organizational strategic managers should rely on management accountant information for decision making. Management of any manufacturing company cannot make profitable decision without quality information. The researcher can confidently conclude based on the findings that the availability of skilled, knowledgeable and informative management accountant in an organizational profit performance promotes productivity. Therefore, this research work recommends that management accountants should provide information on time so as to hasten up in making vital decision because undue delay in decision making will definitely undermine the firms‟ goal of profit maximization. Also, it recommends that adequate exposure should be given to management accountants through training programmes, appraisal and evaluation of seminars in order to acquaint them with the new technologies in vogue and keep pace with new knowledge.
 
TABLE OF CONTENTS
Title page
Certification Page
Dedication
Acknowledgement
Abstract
Table of contents

CHAPTER ONE: 
INTRODUCTION
1.1 Background of the study  
1.2 Statement of the study  
1.3 Objectives of the study  
1.4 Research Question  
1.5 Formulation of hypotheses  
1.6 Significance of the study  
1.7 Scope of the study  
1.8 Limitations of the study  
1.9 Definition of terms

CHAPTER TWO
2.1 Definition of profit performance.  
2.2 The concept of profit performance.  
2.3 Functions of Management Accountants in relation to profit making in an organization.  
2.4 Basic tools employed by Management Accountants in Profit maximization.  
2.41 Standard Costing  
2.42 Marginal Costing  
2.43 Budgeting and Variance analysis  
2.44 Cost Volume Profit Analysis  
2.5 The Concept of Cost in Profit Maximization  
2.6 Ways of Regulating Cost in a Manufacturing Company.  

CHAPTER THREE: 
RESEARCH METHODOLOGY
3.1 Research Design  
3.2 Sources of Data  
3.3 Area of study  
3.4 Population of Study
3.5 Determination of Sample Size  
3.6 Reliability Test  
3.7 Validity Test  
3.8 Method of Data Analysis  

CHAPTER FOUR: 
PRESENTATION AND ANALYSIS OF DATA
4.1 Presentation of Data  
4.2 Analysis of Data  
4.3 Testing of Hypotheses  

CHAPTER  FIVE:  
SUMMARY OF FINDINGS, CONCLUSION  AND RECOMMENDATIONS.
5.1 Introduction  
5.2 Summary of findings  
5.3 Conclusion  
5.4 Recommendations  
Bibliography  
Appendices
THE ROLES INVOLVING MANAGEMENT ACCOUNTING IN PROFIT MAXIMIZATION

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Details

Type Project
Department Accounting
Project ID ACC2110
Price ₦3,000 ($20)
No of Pages 142 Pages
Format Microsoft Word

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    Details

    Type Project
    Department Accounting
    Project ID ACC2110
    Price ₦3,000 ($20)
    No of Pages 142 Pages
    Format Microsoft Word

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