The Usefulness of Accounting Information for decision-making: a research with student managers

Abstract

This paper studies the use of managerial accounting information by the directors of organizations. The usefulness of accounting information for decision-making has been the subject of many inquiries in recent years. Looking at the fundamentals of managerial accounting, the main objective of the study is to identify the importance given by managers for the managerial accounting information in decision-making within organizations. The research method employed consisted of a descriptive research with quantitative approach. Data were collected through a survey with organization managers that are simultaneously dedicated to the academic study of management and accounting, at undergraduate as well as graduate level. 45 individuals were heard. The survey results indicate that, in general, managerial accounting information are considered important in decision making, but managers believe that there is a deficiency in the availability of these information. By comparison, the managers who are postgraduate students attribute greater importance to some managerial accounting information compared to undergraduate students.