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The Role of Management Accounting in profit Maximization (A Case study of Ibeto PLC)

Type Project Topics (docx)
Faculty Administration
Course Accounting
Price ₦3,000
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Key Features:
No. of pages: 79
No. of chapters: 5
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Abstract:
The management accounting is identified as one of the key officers in the Accounting Department of any manufacturing company has the duty of providing the required professional information route to achieving the organizational goal. This made the researcher to choose the role of management accountant in profit maximization for his project Ibeto Plc, Nnewi has been used as a case study.

The researcher made use of both primary and secondary data, and structured questionnaires which were collected from textbooks, and various research materials. Chi-square was used as a statistical tool for analyzing the data. From the findings, the research in analysis, the activities of the management accountant is identified as one of the very officers of Accounting Department. The management accountant performs the function of providing information for planning accounting decision making and evaluation of the companies operation. He ensures the accountability of the resources of the company. He participates directly in the management process by virtue of these duties.

The researcher can confidently and conveniently conclude that the management accountant through the provision of specialized information gather from his knowledge as a professional plays a prominent role in the profit maximization of manufacturing company. The researcher recommends that every manufacturing outfit should employ the services of a qualified management accountant. So the role of management accountant in profit maximization is very important.
Table of Content:
Title page.....................i
Approval page.....................ii
Dedication.....................iii
Acknowledgement.....................iv
Table of contents.....................v
Abstract .....................vii

CHAPTER ONE
INTRODUCTION
1.1Background of the Study.....................1
1.2Statement of the Problem.....................5
1.3Objective of the Study .....................7
1.4Research Question.....................7
1.5Test of Hypothesis.....................10
1.6Significance of the study.....................10
1.7Scope of the study.....................11
1.8Limitation of the study.....................11
1.9Definition of Terms .....................12

CHAPTER TWO
LITERATURE REVIEW
2.1.Definition of profit maximization .....................14
2.2The concept cost.....................15
2.3The Function of management accounting in relation to profit maximization .....................19
2.4Uses of marginal costing principles .....................30
2.5Ways of regulating costs in a manufacturing company.....................40
2.6Planning for cost reduction .....................42
2.7Ways of reducing cost.....................43

CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1Research Design.....................47
3.2Area of the Study .....................47
3.3Population of the Study.....................47
3.4Sample of the Study.....................48
3.5.Method of Data Collection.....................48
3.6.Validity/Reliability of the Instrument.....................49
3.7.Method of Data Analysis.....................50

CHAPTER FOUR
DATA PRESENTATION ANALYSIS AND INTERPRETATION
4.1Presentation and analysis of data.....................51
4.2Analysis of data .....................51
4.3.Test of hypothesis .....................57

CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION, AND RECOMMENDATION
5.0Summary of Findings.....................64
5.1Conclusion.....................68
5.2Recommendations.....................68
5.3Suggestions for further Research.....................70
References.....................71
Appendix ‘A’.....................72
Appendix ‘B’.....................73
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995