ACCOUNTING INFORMATION AND FINANCIAL DECISION MAKING OF SELECTED NON-GOVERNMENT ORGANISATIONS IN MUKONO DISTRICT.
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Date
2024-09-04
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Publisher
UGANDA CHRISTIAN UNIVERSITY
Abstract
ABSTRACT
The study based on the effect of accounting information and financial decision making of Non
Government Organization. The study was carried out in Mukono District, Uganda at NGOs. The
study brings out to evaluate the impact of financial statement reliability on non-governmental
organizations' financial decision-making processes; investigate the relationship between faithful
representation and financial decision-making; and investigate the relationship between
completeness of financial information and financial decision-making in non-governmental
organizations. A study of relevant literature was carried out on faithful representation and financial
decision making. Given the nature of the aims and the time constraints for conducting this research,
a cross-sectional study design was chosen to be the most appropriate. In order to demonstrate what
was present in NGOs in Mukono District, both qualitative and quantitative research approaches
were employed, and the data was analyzed using qualitative methods.
Purposive and basic random sampling were used to select a population of 70 people. Closed-ended
questionnaires created from the study's goals and scored on a 5-point Likert scale were used to
collect primary data. Secondary data was collected from secondary data sources and provided in
the form of frequency tables and frequency tabulation analysis. According to the survey, managers,
suppliers, government organizations, employers and their union representatives, and members of
the accounting department all need the accounting information.
According to the results, accurate, timely, completed, clear, and cost-benefit balanced
information is necessary for successful accounting and financial decision making. The study
came to the conclusion that the accountant's knowledge demonstrated the impact of risk and
uncertainty as well as the range of possible outcomes while making decisions. It was suggested
that non-governmental organizations make good use of accounting information systems to
confirm the quality of the accounting data that the accountants offer, and that accounting
standards be developed using a precedent database that is based on management systems.