Accounting Information as an aid to Decision Making in the Public Sector
Keywords:
public sector, Accounting information, Decision makingAbstract
The need for effective financial decision making, guidance and direction to a profitable and solvent course often inform the choice and reliance on the accounting information. Source to accounting information includes suitably fashioned accounting system which can enable an organization to identify and gather accounting data, process them into accounting information for users. Decision making is a complex phenomenon and requires an appropriate platform. Thus, this paper reviews the role of accounting information in decision making of public sector x-raying areas of decision making where accounting techniques are kept in aberration thereby undermining the imperative of accounting information. This write-up concludes that accounting information is an indispensable tool in decision making and should be taken up seriously.