MANAGEMENT ACCOUNTING AS AN INDISPENSABLE TOOL IN THE MANAGEMENT OF AN ORGANIZATION (A CASE STUDY OF INPOST ORGANIZATION)


Department Of Banking And Finance


PAGES: 0
FORMAT: MS WORD
Chapters: 1-5
PRICE: ₦ 5,000.00

MANAGEMENT ACCOUNTING AS AN INDISPENSABLE TOOL IN THE MANAGEMENT OF AN ORGANIZATION (A CASE STUDY OF POST ORGANIZATION)

INTRODUCTION

          Management is essentially concerned with planning and control of the resources of a firm, with a view to the attainment of set objectives. Planning is concerned with listing of goals and the formulation of a decision model for selecting means of achieving those goals. Control on the other hand, is the regulation of the activities within an organization so that they are in conformity with expectations established ion policies, plans and targets.

          Furthermore, crucial to the planning and control decisions of management, is information. Good decisions are based on information that is timely, relevant, properly presented, problem solving and forward looking. And here comes the challenge for the management Accountant to provide information for the planning and control of costs, volume and profit, for the purpose of attaining goals o management.

          Management Accounting, therefore, is concerned with the application of accounting and statistical techniques to the specific purpose of providing and interpreting information designed to assist management in its function of promoting maximum efficiency.

          Management Accounting focuses on the internal environment of business, and provides information for such decisions of the firm as make or buy, replacement, pricing and cost reduction decisions.

          We should note, that today, life has become complex both for individuals and management could take decisions by “ bit “ or “miss” methods or by “ mere guess” so if any management does not plan on a systematic basis, it will be branded logic of little or no profits. Hence modern management, for its vital task  of planning, should rely more on management accounting. Management Accounting has shifted managerial emphasis form “ Knowing costs of production is the very reason that makes management Accounting to be referred to as “an indispensable tool in the management of an organization”.

          According to “ T. Lucey, (1988:1) management Accounting is primarily concerned with data gathering (from internal and external sources) analyzing, processing, interpreting and communicating the resulting information for use within the organization so that management can more effectively plan, make decisions and control operations.

1.1            HISTORICAL BACKGROUND OF INPOST

The origin of Nigerian postal service (NIPOST) dates back to 1851 when the British postmaster General established a postal (PWD), in Lagos public works department office, primarily to officials and traders and their home base ”Chimezie, 1985:19)2  This assertion was supported by Baba (1998:1)3 who postulated that the first letter ever carried from the first ever post office in Nigeria was in 1851 and was by foot and horses into the hinterland.

The postal service in Nigeria was first re-structured in 1907 when from public works department of ministry of works to form post and telegraphs, the structure it maintained up till Nigeria became independent in 1960.

With Nigeria’s, independence in 1960 and her postal Administration becoming a sovereign member of the Universal postal Union (UPU) in 1961, the post in Nigeria has witnessed phenomenal growth in strength and spread with a total of over 4,500 (four thousand five hundred) postal establishments in the country today. And this number is increasing.

The universal post Union is the organization which embraces nearly all the postal administration in the would and it is one of the specialized agencies of the united nationals. For this reason, the historical origin of Nigerian postal service cannot therefore be compete without citing when it jointed the Universal postal union (UPU) which is the mother association of global administration.

The postal service in Nigeria was further re-structured on 1st January 1985 when the defunct post and telecommunications, was split into two organizations.  Nigerian External telecommunication (NET) and the Telecommunications division of the P& T were merged to form the Nigerian Telecommunications limited (NITEL) while the postal division of P & T became reconstituted into an extra ministerial department to be known as Nigeria postal service department (NIPOST), all still under the ministry of communication. Ayuba (1986: 7) 4

On Ist July, 1992) Nigeria postal service department was finally re-organized and re-structured to the present status of a corporation following the granting of full autonomy by the federal government for higher efficiency and effectiveness, and by virtue of decree N0.41 of 1991, published in the federal Republic of Nigeria official Gazettee No.57, Vol .79 of 14th October, 1992 5 which spelt out the objective and functions of NIPOST. By this development, the acronym” NIPOST” now means “Nigerian postal service department “ that it was before the autonomous status.

PRIMARY RESPONSIBILITY OF NIPOST

          “The primary responsibility of NIPOST as established by the decree No.18 of 1987”6 were to deal with postal, professional and policy issues as:

a.  To represent the Federal republic of Nigeria in its relations with other postal administration around the world in accordance with international regulations.

b.  Exploration of additional sources for postal revenue.

Review of postal tariff. Worldwide provision of highly dependable postal link between and among member nations of the Universal postal union without discrimination to race, creed and sex.   Provision of efficient counter and remittance services in the sales of postage stamps, sales of money and postal orders, sales of international postal reply coupon and post office registered envelope.

ORGANIZATIONAL STRUCTURE OF NIPOST

          The organizational structure of NIPOST is made up of the postmaster general of the federation at the apex. Directly under him are five-deputy postmaster general as follows:

DPMG Corporate service DPMG   Operations Planning DPMG   Finance and Investment DPMG   Territorial Administration DPMG   Engineering and Technical service.

     There are also unit heads called the senior Assistant postmaster generals (SAPMG) who also report direct to the postmaster general. They are as following: 

1.       SAPMG      In charge of internal Audit

2.       SAPMG     In charge of Investigation and security

3.       SAPMG      in charge Public Relations.

4.       SAPMG      in charge of Legal unit

5.       SAPMG      In charge of Corporate Planning

6.       SAPMG      In charge of marketing

7       SAPMG      In charge of management Information System

.



TYPE IN YOUR TOPIC OR KEYWORD AND CLICK SEARCH:

HOW TO GET THE COMPLETE PROJECT MATERIAL ON MANAGEMENT ACCOUNTING AS AN INDISPENSABLE TOOL IN THE MANAGEMENT OF AN ORGANIZATION (A CASE STUDY OF INPOST ORGANIZATION)

  • * Click the green DOWNLOAD Button above

    * Select any option to get the complete project material instantly.

    * Chat our 24/7 customer service desk on WhatsApp# (+234) 0803-766-4978 and get your complete project material instantly.

    * All project materials on this website are well researched by professionals with high level of professionalism.


TESTIMONIES FROM OUR CLIENTS

Please feel free to carefully review some written and captured responses from our satisfied clients.


  • Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.

    "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."


  • Hilary Yusuf, United States International University Africa, Nairobi, Kenya.

    "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"


  • Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.

    "Researchwap.net is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.net" and God bless you and your business! ."


  • Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.

    "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."


  • Sampson, University of Nigeria, Nsukka.

    "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."


  • Cynthia, Akwa Ibom State University .

    "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."


  • Elizabeth, Obafemi Awolowo University

    "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."


  • Ali Olanrewaju, Lagos State University.

    "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."


  • Willie Ekereobong, University of Port Harcourt.

    "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"


  • Theressa, Igbinedion University.

    "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 5k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"


  • Joseph, Abia state Polytechnic.

    "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."


  • Christiana, Landmark University .

    "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"


  • Musa, Federal University of Technology Minna

    "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."


  • Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.

    "I was scared at first when I saw your website but I decided to risk my last 5k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."


  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.
    Thank you for choosing researchwap.com.

FREQUENTLY ASKED QUESTIONS

  • How can I get the complete project - MANAGEMENT ACCOUNTING AS AN INDISPENSABLE TOOL IN THE MANAGEMENT OF AN ORGANIZATION (A CASE STUDY OF INPOST ORGANIZATION)

    Simply click on the DOWNLOAD green button above and follow the procedure stated.


    Is it a complete project work or just materials?

    Yes, it's a Complete Research Project material. i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data


    What if I want to change the case study for MANAGEMENT ACCOUNTING AS AN INDISPENSABLE TOOL IN THE MANAGEMENT OF AN ORGANIZATION (A CASE STUDY OF INPOST ORGANIZATION), What can i do?

    Chat with Our 24/7 Customer Service Desk Now: WhatsApp# and you will be responded to Instantly


    How long does it take to get the complete project on MANAGEMENT ACCOUNTING AS AN INDISPENSABLE TOOL IN THE MANAGEMENT OF AN ORGANIZATION (A CASE STUDY OF INPOST ORGANIZATION)?

    Depending on how fast your payment and details is acknowledged by us, you will get the complete project within 30 minutes. However, on a very good day you can still get it within 15 minutes!


    How will I get my complete project?

    The Complete Project Material will be Delivered via your Email Address in an MS Word document format


    Can I get my Complete Project through WhatsApp?

    Yes! We also send your Complete Research Project to your WhatsApp Number


    What if my Project Supervisor made some changes to a topic i picked from your website?

    Call or Chat With Our 24/7 Custumer Care Desk: +2348037664978 and you will be responded to Instantly


    Do you assist students with Assignment, Term Paper, Seminar and Project Proposal?

    Call or Chat With Our 24/7 Custumer Care Desk: +2348037664978 and you will be responded to Instantly


    What if i do not have any project topic idea yet?

    Don't Worry! We've Got Your Covered. Chat with us on WhatsApp# (+234) 0803-766-4978 to Get Instant Help.


    Why should I trust this website?

    We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "TOPNOTCH INFOTECH ENTERPRISE". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!


    I have a fresh topic that is not on your site. How do I go about it?

    Don't Worry, Chat with us on WhatsApp# (+234) 0803-766-4978 to Get Instant Help.



PROJECT DETAILS

PAGES: 0
FORMAT: MS WORD
Chapters: 1-5
PRICE: ₦ 5,000.00




TYPE TOPIC OR KEYWORD AND CLICK SEARCH: