The Impact of Communication as a Tool for Decision-Making in Accounting Sector: (A Study of Selected Banks in Awka, Anambra State, Nigeria)
[1]
Ezeliora Martin Mmaduabuchi, Department of Business Adiministraion, Faculty of Mangement, national Open University of Nigeria.
[2]
Okoli Ifeanyi Emmanuel, Department of Business Adiministraion, Faculty of Mangement, Godfrey Okoye University Enugu State, Nigeria.
[3]
Monanu Oge G., Department of Business Adiministraion, Faculty of Mangement, Godfrey Okoye University Enugu State, Nigeria.
The research work was based on the study of the impact of communication on in accounting decision-making. The case studies of this work were first bank Nig. Plc, Diamond bank Nig. PLC and United bank of Africa all in along Enugu Onitsha expressway, Awka, Anambra State, Nigeria. The researcher finds out that the accountants were free to say what is in their mind without fear of negative consequences, there is a general atmosphere of openness, frankness and willingness to share information and the quality of information available to accountants is adequate for them to make an informed decision. It is noted that the improvement of the communication system is highly significance for the up-to-date and up keeping of the accounting system in the selected banks. Research method used was the system of investigating the methods and procedures of acquiring information needed. Descriptive research design was used in this research project. The aim of the research design is the desire to simplify the complex issue of the impact of communication in accounting decision making for a better understanding. 134 staff was used to study the population of the officers in the study areas, who made informed decisions. The sources of data used for this research are primary and secondary data. The instruments used in collection of the data were structured questionnaire, interview and observation. The descriptive method was used to analyze the data generated for the research. This was supported by tables showing questions, responses and percentages of Yes or No. From the findings the researcher concluded that accountants can make an informed decision since there is an effective communication. Based on the above findings the researcher made recommendations that will help for improvement.
Bank, Organization, Accounting, IFRS, Hypothesis, Decision Making, Communication, Information Technology and Computer
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