ABSTRACT
This study was carried out by
the researcher on accounting system, behavioural content of management
accounting system and its concern in planning and control. It also looked at
the impact of natural and corporate culture in individual and organizational behaviour
in achieving set goals.
The purpose of the study was to
find out the behavioural implication of budgeting in some companies,
investigate how accounting aid management, in motivating employees in an
organization and to find out the problem of cost accounting as it relates to
performance in achieving set goals.
To achieve the purpose of this
study, three organizations were selected, seventy- five questionnaires were
distributed; twenty -five senior officers were issued questionnaires from each
of the selected organizations. Personal interviews and observations were used
to gather primary and secondary data which were then analyzed using statistical
techniques namely percentages, frequencies and chi-square(x2).
The study found out that
accounting aids management in motivating employees, participation in budget
formulation encourages higher performance in employee and when budgets are
related to employees aspiration (attainment) level, better performance is
achieved. Another finding revealed from the study was that communication of
result to employees plays an important role in moulding the organization’s
behavior of the employees towards goals achievement.
Finally based on the findings of
the test result of the study, conclusions were drawn and recommendations made.
Chapter One
Introduction
1.1
Background of the Study
The
purpose of the management accounting system is to provide adequate and
necessary information that helps the management to make decisions and create
activities that would enable the organization achieve its set goals and
objectives. Thus management accounting system helps measure and report
financial information, which enable management achieve its sets goals,
objectives and monitor the progress of the organizational policies to be
unplanted.
By
its nature, accounting is a behavioral process. Accountants in the past have
dismissed the importance of behavioral issues as a major consideration in
accounting. They have focused on the financial performance and not on
qualitative factors. The motivation of managers as participants in the
information presentation was not considered and the behaviour induced by the
information presented was ignored. Perhaps, it is because accountants
consciously or otherwise adopted an attitude that the main thrust of a firm was
that of resource allocation.
In
pursuing the goal of profit maximization, the individual, his perception,
aspiration, attitudes, goals and motivation were ignored.
This
traditional approach of accounting has been questioned especially in the area
of management accounting, because of the evolution of the modern organization
theory.
The
modern theory of organization view management control (ie planning, budgeting
and control) in three perspectives; the problem in goal setting, performance
evaluation and its impact and the reporting of relevant data.
The
various behavioural model of budget process have dealt with the problem of
agreement between management goals and standard and the personal goals of the
manager/lower workers. The conflict can exist at any level. Hoopwood’s
researches suggest that there are numerous problems in achieving goals
congruence He concludes that though accounting system of budgeting is often
dominant in setting short-term objectives and goals, it has severe limitation
in achieving the overall objectives of the organization in the short-term.
The
problem of achieving the acceptance of management standard is complicated by
the Accountant implicit assumption....
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Item Type: Postgraduate Material | Attribute: 101 pages | Chapters: 1-5
Format: MS Word | Price: N3,000 | Delivery: Within 30Mins.
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