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Influence of Accounting Information on Managerial Decision Making Case of Local Commercial Banks in South Sudan

Author

Listed:
  • Majak Michael Chol

    (Msc in Accounting & Finance & PGD-AF) University of Juba, South Sudan.)

  • Anthony Duku

    (Deputy Dean, School of Business & Management, University of Juba, South Sudan.)

Abstract

The purpose of this study was to look at the impact of accounting data on managerial decision-making. The study focuses on how accounting data may be used in management decision-making and there are any obstacles that managers encounter while making decisions. The study also aimed to figure out how accounting data influences managerial decisions. A descriptive survey research approach was used in this study. Local Commercial Banks in Juba, South Sudan, were used for the research. A total of 80 people were selected as part of the sample. The data for the study was obtained using both primary and secondary data sources. Questionnaires and interviews were the primary data collecting methods. The Statistical Package for the Social Sciences (SPSS 16.0) software was used to analyze the data, with the “distribution tables displaying Frequencies, Percentages, and graphs” being used in particular. Tables were used to display the findings. The majority of employees at local commercial banks claimed that accounting information is critical in management decision making, and the study also discovered that accounting information of high quality may lead to excellent decision making. The study recommends that accounting information be kept well for future managerial decision making, that managers who are interested in accounting information should have knowledge of accounting principles, that the interpretation of accounting information requires a higher level of accounting knowledge, that knowledge and skills are required, and that the accounting section be well staffed. In terms of practical implications, the study’s goal was to contribute to academic disciplines and recognize the importance of accounting data in management decision-making.

Suggested Citation

  • Majak Michael Chol & Anthony Duku, 2021. "Influence of Accounting Information on Managerial Decision Making Case of Local Commercial Banks in South Sudan," International Journal of Science and Business, IJSAB International, vol. 5(9), pages 26-40.
  • Handle: RePEc:aif:journl:v:5:y:2021:i:9:p:26-40
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