Abstract

The major problem of most organization is obtaining the right information for their decision-making. For an organization adjudged successful, it is not only necessary to make decision, but what is imperative is implementing the right decisions. A decision is concerned with the selection of an action often out of a number of alternatives. To be able to choose the one, decision makers need some guidance, which is usually provided by information gatherer through managerial and financial accounting. Therefore, tools used in these areas are consequently considered as helpful support. The purpose of this paper is to identify the usefulness of accounting information as a tool for enterprise management decision making. To achieve this objective the paper collected information through questionnaires, personal interview, and related literatures. The tools for analysis used in the study are the chi-square method, a non-parametric statistical technique. It was found out that there is no effective decision making without greater consideration for accounting information. It is recommended that management should emphasize on the use of accounting information for effectiveness and efficiency of operations of their organizations.