AN ASSESSMENT OF ACCOUNTING INFORMATION AND ITS ROLE IN THE MANAGEMENT OF ORGANISATION

BACKGROUND OF THE STUDY: In order to make economic decisions, all corporate organizations require information. Information, according to SINHA (2002), is an integrating force that combines organizational resources into a cohesive whole, directed toward the realization of organization in such a fundamental way that it is critical that information be effectively organized and efficiently handled, which is accomplished through what has become known as management information system (MIS) (Agbon, 2009). A management information system that gives individual managers with the data they need to make decisions in their areas of responsibility (Dung, 2010). As a result, it's critical that management is kept up to date on the content and significance of pertinent data. According to Olannye and Nana (2006), the majority of managerial tasks are focused on an organization's financial element. As a result, the pre-requisite for this research, which uses Premier Breweries Plc, Onitsha as a case study, is awareness of the substance and commercial value of accounting information.

Onitsha's Premier Breweries Plc was founded on January 23, 1976. It became a public Limited Liability Company (Plc) on October 19, 1992, which means it is now traded on the stock exchange market. Premier Breweries Plc makes Premier Larger Beer and Premier Multi-Malt. Finance and planning, sales and marketing, quality control, production, and administration are the sections that make up the organization. The finance and planning division is separated into four sections: financial accounting, Treasury, data processing, and payroll. Each of these parts is written by a professional accountant (Oyerinde, 2009).