Abstract

The recent modernization and automation of Nigerian factories have created a demand for increased use of according information in Management decision making. To make meaningful economic decisions which relate to personnel, purchasing, production and marketing, Managers of various companies and Institutions have to rely on the use of quantitative characteristics of accounting Information which Include:- relevance, timeliness, reliability, representational, faithfulness, completeness, verifiability, neutrality, quantifyability, conciseness, among others. This research work has therefore looked into the effectiveness of the use of Accounting Information in Management decision making and planning with respect to the Enugu State College of Education (Technical) Enugu (ESCET). In the course of this research, it was found that the Enugu State College of Education (Technical) makes use of accounting Information in management decision making.The Institute makes use of Accounting Information in making meaningful economics decision on personnel, purchasing, and fees to be paid by their students but the extent to which they make use of such Information especially on school fees vary. The extent to which they depend on such Information has been found to be Influenced by the following factors:-

(a) The limited nature of formal Information System in providing external Information be tending to Ignore non-quantitative and non-economic information.

(b) The late arrival of the formal Information to be used.

(c) The power structure and political situation within the college or Organization which may cause the manager to Ignore or distort the Information.

(d) Cognitive Limitation of the manager &

(e) Recruitment of Unqualified Accounting Personnel.