The Impact of Accounting Information on the Managerial Decision Making Process: Case of Oman Integrated Logistics Services Company, SAOG (original) (raw)
The research focused on spotting a light on how the accounting information will affect the process of managerial decision making process. It focused on providing solutions for the common mistakes which the management fall into while using the accounting information to take any managerial decision. Moreover, the research will review as well the concept of accounting information and its role on the process managerial decision making. Design/ methodology/ approach: This research follows a descriptive analytics research method. The primary data was collected using questionnaires and interviews. Samples were selected based on random sampling technique. 53 samples were collected from those who were involved and related to the management and decision-making team of Omani Integrated Logistics Services Company. Data analysis was done using Microsoft Excel statistical functions. Findings: Based on the results and the main findings which were generated after conducting the research, it was revealed that the company wants to sustain its business activities and if they want to maintain their financial position in the market they need to focus on taking effective managerial and other type of decision. The company needs to always seek for the latest and advanced ways and strategies which will help the accounting department and other departments in recording the data and information without facing any problems or challenges. In addition, the financial information which is provided in the financial reports is considered as important factor which affects the process of decision making in the company.
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