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The Impact of Accounting Information on Management's Decision-Making Process of Telecommunication in Australia

   

Added on  2023-04-03

19 Pages3366 Words277 Views
Data Science and Big Data
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Running head: MANAGEMENT
Management
Name of the Student
Name of the University
Author Note
The Impact of Accounting Information on Management's Decision-Making Process of Telecommunication in Australia_1

1MANAGEMENT
Table of Contents
Introduction......................................................................................................................................2
Problem statement.......................................................................................................................3
Research Aims and Objectives....................................................................................................4
Justification and potential output of the Research.......................................................................5
Conceptual framework and hypothesis development......................................................................6
Accounting information system...................................................................................................6
Types of accounting information.................................................................................................6
Positive impacts on decision making...........................................................................................7
Issues faced by managers.............................................................................................................7
Negative impact on decision making...........................................................................................8
Hypothesis development..............................................................................................................9
Methodology..................................................................................................................................10
Research philosophy (positivist)................................................................................................10
Research Approach....................................................................................................................10
Research Design........................................................................................................................11
Data collection...........................................................................................................................11
Population sampling..................................................................................................................12
Data Analysis.............................................................................................................................12
Organization of the study...........................................................................................................13
The Impact of Accounting Information on Management's Decision-Making Process of Telecommunication in Australia_2

2MANAGEMENT
Gantt chart.................................................................................................................................14
Project Budget and Budget justification....................................................................................15
Reference list.................................................................................................................................16
The Impact of Accounting Information on Management's Decision-Making Process of Telecommunication in Australia_3

3MANAGEMENT
Research proposal topic: The Impact of the Accounting Information on Management’s
Decision-Making Process of Telecommunication in Australia
Introduction
An Accounting Information System (AIS) refers to a system that involves collecting,
storing s well as processing of financial and accounting data that are used by the managers of an
organization. The term ‘accounting’ in business language is a tool for recording, reporting as
well as evaluating economic events as well as transactions that has the potential to impose both
positive and adverse impact on the business organizations. It is the process by which all the
documents of the financial perforce of an organization that includes payroll, capital expenditure,
cost as well as other obligations to sale revenue along with owner’s equity are processed. The
accounting information process provides financial information associated with the financial
position of the organization, like profit and loss, cost and earnings, liabilities and assets and
others to the managers about the internal as well as external users, like employees, potential
investors, financial institutions as well as other stakeholders of the company. The chief purpose
of an account Information system is to help managers as well as other crucial stakeholders of a
business enterprise to make effective decision based on the information provided by the system.
It becomes highly difficult for the management of an organization to make effective
decision for the company if there prevail a lack of financial information about the same. In order
to make efficient decision, information based on genuine facts and figures needs to be there.
Inappropriate decision making has the potential to lead to a disaster by imposing highly negative
impact on the profit and revenue of the organization. Accounting provides the management with
The Impact of Accounting Information on Management's Decision-Making Process of Telecommunication in Australia_4

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