Assessing the effect of accounting information on planning and control in technical universities in ghana

Abstract

The study examines the effect of accounting information on planning and control in technical universities in Ghana. The study used an explanatory research design as well as a quantitative research approach relative to the research objectives. The proportionate random sampling techniques were employed to select 155 respondents from the accessible 260 population for the study. Descriptive statistical tools, such as mean and standard deviation; and inferential statistics, such as the regression analysis were used to analyze the research objectives. The results revealed that the respondents totally agreed to the existence of the characteristics of accounting information in their respective institutions. The study also revealed that accounting information had a positive and statistically significant effect on decision-making relative to technical universities in Ghana i.e. planning and control. The findings again revealed that respondents completely agreed to the statements regarding the challenges faced by these technical universities in their quest to keep accounting information. Based on the findings of the study, the researcher is safe to conclude that accounting information influences decision-making ie planning, and control. It was then recommended that Management of the technical universities should consider recruiting qualified accounts staff with the requisite skills and knowledge so that accounting information produced by these people can be trusted and be relied upon to make decisions.