Accounting Information Management and Decision Making in Post Bank Uganda

ABSTRACT

The study was to investigate the effect of accounting information management and decision-making in post banks. The objectives were o determine the level of accounting information management in terms of information planning, and information for control in post bank. to establish the level of decision making in terms of the operation of the organizations and to establish the effect between accounting information management and decision making in organizations. The study was conducted in post bank from 40 respondents using the closed-ended questionnaires. The data collected reveal that accounting information management is fairly good enabling decision making though constraints in timely decision making were cited in the work. The study results based on the findings conclude that accounting information management is quite high determined and measured to enhance decision making through supporting computerization. The decision-making in post bank is also done though not in a very timely form. Accounting information management has a positive effect on the management of the organizations in this case post bank. The study recommends that there is a need for continuous and effective accounting information management through effective financial planning through effective financial reporting improve the operation of the government entities; there is a need for utmost attention regarding the value of capacity development. It was established that the skills of the employees and their participation in planning is poor financial planning need to incorporate all employees to embark on skills of employees in order to enhance the performance of the government, there is a need for organizations to strictly follow regulations in controlling the organizational finances. Decision-making in the bank needs to be directed towards enhancing abilities and values that will enable organizations, groups, and individuals to improve their performance and achieve their development. The need for enhancing timely decision-making can generate work efficiency in the management of the organization. Accounting information should be aligned to international and national reporting standards such as the international financial reporting standards board. There should be involvement of all stakeholders in financial reporting to enable decision-making in the accounting systems. The bank needs to effectively undertake accounting information management in order to induce the effectiveness in the performance of the bank.