The study explored accounting information as a veritable tool for the appraisal of the performance of production companies in relation to their productivity and financial position. The research adopted a quasi-experimental design. Primary data were gathered with questionnaire and the results of the hypotheses were arrived through percentage and Spearman’s Rank Correlation Coefficient. It was revealed that the productivity of a production company is enhanced and sustained when the financial position of a firm is timely ascertained as this would help the company in financing their operations for maximum output. Besides, objective, timely, cost effective, complete and reliable accounting information help a production company to determine its financial position at any point in time. Based on the findings, the study recommended that effectual accounting information would be of immense help to a company in boosting and sustaining its productivity; the reason is that sureness of the financial position of a production company would, to a considerable extent, assist it in taking informed and timely decision either to continue to finance the production of a profitable product or to discontinue the production of a product that does not add value to the firm financially or otherwise. Finally, this would help a production firm to sustain an appreciable level of performance and growth for its survival.