Open Access. Powered by Scholars. Published by Universities.®
- Institution
Articles 1 - 2 of 2
Full-Text Articles in Business
Accounting Information Need For Strategy Formulation, Implementation And Control, Chukwumah Lawyer Obara Dr
Accounting Information Need For Strategy Formulation, Implementation And Control, Chukwumah Lawyer Obara Dr
Lawyer Obara
The role of accounting information in operational planning is well known. This is however not the case with strategic management. Against this background this study was carried out to determine the need for accounting information in strategy formulation, implementation and contro l. Our study revealed that accounting information ranks high in strategy formulation, implementation and control in Nigeria. We also found management accounting information to be the most important information for strategy implementation and control phase of strategic management. We recommend an accounting model that is capable of embracing subjective judgement about the uncertain future and also the inclusion of …
The Depreciation Of The Naira And Accou Tting Problems Of Foreign Organizations In Nigeria: An Empirical Analysis, Chukwumah Lawyer Obara Dr
The Depreciation Of The Naira And Accou Tting Problems Of Foreign Organizations In Nigeria: An Empirical Analysis, Chukwumah Lawyer Obara Dr
Lawyer Obara
Currency devaluation is known to have a tremendous impact on operations of foreign firms, Proper accounting for the effect of foreign exchange transactions becomes the major accounting problems of foreign organisations operating in a country with a ' devalued currency. We set out in this study to investigate if a significant relationship exists between accounting and transaction problems of foreign firms operating in Nigeria and the depreciation of the Naira. A questionnaire was administered on officials of 30 selected international-related companies based in Nigeria whose firms are engaged in services, manufacturing and merchandising. Our findings revealed that foreign firms operating …