ACCOUNTING INFORMATION AND PROFIT PLANNING: THE CASE OF NIGERIA LISTED MANUFACTURING COMPANIES

Abstract

In this study, the relationship between accounting information and profit planning was empirically investigated. Specifically, the study investigated the effect of cost information, sales information and marketing information on profitability. Descriptive and inferential statistics were carried out on the opinion of 222 top management staff purposively selected from the listed manufacturing companies in Nigeria with the aid of statistical package for social sciences (SPSS version 20). The results of the data analysis carried out in the study revealed that a positive significant relationship exists between accounting information and profitability of manufacturing organizations. Based on this, the study recommends that functioning accounting system should be put in place by the manufacturing companies in Nigeria.

Keywords: Accounting information, Cost, Marketing, Profit planning, Profitability and Manufacturing.


Article Review Status: Published

Pages: 86-97 (Download PDF)

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