THE RELEVANCE OF ACCOUNTING INFORMATION TOWARDS EFFECTIVE DECISION MAKING IN AN ORGANIZATION

This study was directed toward examining the relevance of accounting information towards effective decision making in an organization, a study of Ecobank Plc, Uyo. In carryout the examination, certain problems were identified, these problem include the fact that some business are managed in intuitively, in their word regardless of the information content of financial statement. Secondly some organization may unknowingly employ incompetent and unskilled manpower in sourcing financial accounting information. The objective of the study include factors which constrain or promote the effective use of financial accounting information, into ascertaining whether there is a direct relationship between financial accounting information and the decision made in corporate organizations, identifying the information derived from financial accounting, to achieve this five (5) objectives research questions were constructed and administered on 27 employees of Ecobank plc, Uyo. Chi-square (X2) was used to analyze the respondent’s views. It was discovered that financial accounting information has contributed to effective decision making in the bank.