Accounting Information as a Management Tool to National Development Services in Nigeria

Odaumiebi Ouserigha, Alhassan Odiniya Innocent, Nwogbo Chimezie Rose and Adjekughele Eyere Harriet
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Odaumiebi Ouserigha: Department of Accounting ,Federal Polytechnic, Ekowe .Bayelsa state
Alhassan Odiniya Innocent: Federal Polytechnic Ekowe, Bayelsa State
Nwogbo Chimezie Rose: Federal Polytechnic Ekowe, Bayelsa State
Adjekughele Eyere Harriet: Federal Polytechnic Ekowe, Bayelsa State

International Journal of Research and Scientific Innovation, 2020, vol. 7, issue 11, 15-20

Abstract: Accounting information is an indispensable management tool to national development services in Nigeria. Accounting plays a major role in the sustenance of economic viability, political stability and social harmony in any given state or nation. The reason for this obvious fact regarding our national development is not farfetched considering the enormous multi-sectoral dimension of Nigerian economic activities both in the public and private sectors. Sound and accurate accounting information are ingredients to national government decisions to national development. The main thrust of this paper is to survey the significant role of accounting information system to national development services with the ultimate aim to ascertain whether economic transactions of the nation are properly recorded and kept as accounting reports to make such national decisions. The study is focused on the information gathered and collected from both primary and secondary sources. The sample of the study is made from selected national offices in Bayelsa capital city of Yenagoa. Data analysis for the study was done using frequency percentage and chi-square via SPSS-Statistical Package for social sciences. Findings of the study revealed that accounting information system has been playing an indispensable and key role in making decisions in such national issues. It is thus concluded that accounting information is of great paramount importance to national development services. The researcher therefore recommended that the national/federal government should continue to properly keep accounting books and implement accounting information/reports at regular intervals.

Date: 2020
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