Importance of Accounting Information in Management Decision-Making Process

Abstract

This study aims to identify the role of accounting information in managerial decision-making in general joint-stock companies in Iraqi Kurdistan. To fulfil this study's objectives and answer its questions, the researcher investigated previous literature related to the subject of the study. Through this literature, the researcher was able to get secondary data that constituted the study's conceptual framework. As for the practical framework, the researcher used a questionnaire designed for this purpose. In addition, the researcher used the descriptive-analytical method, conducted the needed statistical analysis, and tested the study hypotheses. As a result, a quantitative research method has been applied, and the results of the statistical analysis confirmed that the contribution to making an administrative decision is necessary for rationalizing and enhancing decision–making and ensuring its effectiveness by 91.5%, which is a substantial percentage—reports based on accounting information.

Keywords

• accounting information system
• beneficiaries of accounting
• management decisions
• administrative decisions