The objective of the study was to evaluate management accounting tools for profit planning and decision making in quoted manufacturing firms in Nigeria. This is imperative because the management accounting tools helps organizations to plan, direct and control operating costs and to achieve profitability. In an attempt to achieve the broad objective of the study, three (3) research questions was raised in the study for validation and a sample size is one hundred and fifty (150) respondents from the five selected quoted manufacturing firms was used in the study. Data for the analysis was collected through the use of a self-structure design questionnaire. The simple percentage method and descriptive statistics was used in the analysis and the result was facilitated using the statistical package for social and sciences (SPSS 20.0). The result of the analysis at 5% level of significance shows that activity based costing as management accounting have a significant impact on profit planning and decision making among quoted manufacturing firms in Nigeria. It was also established that target costing have a significant impact on profit planning and decision making among quoted manufacturing firms in Nigeria. Finally the study found out that cost volume profit analysis have a significant impact on profit planning and decision making among quoted manufacturing firms in Nigeria. Among others, the study recommends that management accounting techniques should be embraced thoroughly by manufacturing businesses developing countries such as such as Nigerian manufacturers in order to better their portfolio and improve their planning and control decision-making.
TABLE OF CONTENTS
CHAPTER ONE – INTRODUCTION
1.1 Background of the Study
1.2 Statement of the Problem
1.3 Objectives of the Study
1.4 Research Questions
1.5 Research Hypothesis
1.6 Scope of the Study
1.7 Significance of the Study
CHAPTER TWO – LITERATURE REVIEW
2.0 Introduction
2.1 Conceptual Framework
2.1.1 Concept of Management Accounting
2.1.2 Definition of Management Accounting
2.1.3 Nature of Management Accounting
2.1.4 Management Accounting Practice
2.1.5 The Management Accountant’s Role in Organization
2.1.6 Concept of Management Accounting Tools
2.1.7 Profit Planning and Decision Making
2.2 THEORETICAL REVIEW
2.2.1 The Contingency Approach
2.2.2 The Theory of Constraint
2.2.3 The Scientific Management Theory
2.2.4 Theory of Signaling
2.2.5 Classical Organizational Theory
2.3 Empirical Framework
CHAPTER THREE – RESEARCH METHODOLOGY
3.1 Introduction
3.2 Research Design
3.3 Study Area
3.4 Population of the Study
3.5 Sample Size and Sampling method
3.6 Data Type and Instrument for Collecting data
3.7 Validity and reliability of research Instrument
3.9 Method of Data Analysis
CHAPTER FOUR – PRESENTATION AND ANALYSIS OF DATA
4.1 Presentation of Result
4.2 Hypotheses Testing
4.3 Summary of Findings
CHAPTER FIVE – SUMMARY, CONCLUSION, AND RECOMMENDATIONS
5.1 Discussion of Findings
5.2 Conclusion
5.3 Recommendations
REFRENCES
