Cost Accounting Models as Tools for Managerial Decision Making (A Case Study of Nigeria Bottling Company Plc, Ilorin)

INTRODUCTION
1.1   BACKGROUND OF THE STUDY

The accounting system is the major quantitative information acquired in almost every organisation and it, therefore, provide information for three broad purposes namely: internal reporting to managers for use, in planning and controlling routine operation and non-routine operations. Formulation of major plans and policies and finally external reporting to the stockholder, government, debenture holder and other outsides parties.

         The manager depends largely on the quality and quantity of data received. Thus, information flows on the management information system influence the effectiveness of decision–making.

         According to “HORNGEN” the question of what accounting system to business most focus on how decision and consequent benefits are going to be affected. One must ask what decision will result from accounting data and what outcome will ensure from decision making. Accountants continually work with the accounting systems and financial reports, which are the financial model of company operations. Models are useful because they provide a conceptual representation of realities, enabling the decision-maker to anticipate and measure the effect of alternative actions.

TABLE OF CONTENTS

Title page

Certification

Dedication

Acknowledgements

Table of contents

CHAPTER ONE: Introduction

1.1       Background of the study

1.2       Statement of research problems

1.3       Objective of the study

1.4       Significance of the study

1.5       Research question

1.6       Scope of the study

1.7       Limitations of the study

1.8       Study plan

1.9       Definition of key terms

CHAPTER TWO:  Literature Review

2.1       Introduction

2.2       Decision making in management

2.3       Cost – volume – profit (break – even) analysis model

2.4       Limitations of the model

2.5       Decision under certainty, uncertainty and risk

2.6       Role of decision model

References

CHAPTER THREE Research Methodology

3.1       Historical profile of the case study

3.2       Research hypothesis

3.3       Method of data collection

3.4       Population and sample size

3.5       Sample techniques

CHAPTER FOUR

Data presentation and analysis

4.1       Discussion of the analysis

4.2       Hypothesis testing

4.3       Discussion of finding

CHAPTER FIVE

Summary, Conclusion and Recommendation

5.1       Summary

5.2       Conclusion

5.3       Recommendations

Bibliography or Reference