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Management Accounting Practices in the Developing Economies: The Case of Nigeria Listed Companies

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  • Ezekiel Oluwagbemiga OYEROGBA

    (Department of Economics, Account and Finance, Jomo Kenyatta University of Agriculture and Technology for research activities)

Abstract

This study investigated the management accounting practices in developing economy with a particular reference to the Nigeria listed manufacturing organizations. The three objectives for this study were the investigation of the adoption level of the new management accounting techniques, identification of factors influencing the choice of management accounting practices in manufacturing organizations and the extent to which management accounting practices were influenced by those factors. Descriptive and inferential statistics were carried out on the opinion of 148 randomly selected staff of listed manufacturing companies in Nigeria. The findings revealed that cost volume profit analysis, marginal costing, accounting rate of return, discounted net present value, and internal rate of return were very prominent in manufacturing companies in Nigeria.Since the activity based management and balanced score card has not been fully embraced, it is therefore recommended that adequate awareness should be created for the said techniques.

Suggested Citation

  • Ezekiel Oluwagbemiga OYEROGBA, 2015. "Management Accounting Practices in the Developing Economies: The Case of Nigeria Listed Companies," The Journal of Accounting and Management, Danubius University of Galati, issue 2, pages 76-85, August.
    • Handle: RePEc:dug:jaccma:y:2015:i:2:p:76-85
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    File URL: http://journals.univ-danubius.ro/index.php/jam/article/view/2791
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    References listed on IDEAS

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    5. Malmi, Teemu, 1999. "Activity-based costing diffusion across organizations: an exploratory empirical analysis of Finnish firms," Accounting, Organizations and Society, Elsevier, vol. 24(8), pages 649-672, November.
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    1. Oluyinka Isaiah Ogungbade & Ezekiel Oluwagbemiga Oyerogba, 2020. "Firm culture and management accounting practices among manufacturing firms in Nigeria," Future Business Journal, Springer, vol. 6(1), pages 1-17, December.
    2. Kanogporn Suranatthakul & Supaporn Dokmaithong & Ruankwan Intanon & Warawit Phetruen & Nuatip Sumkaew, 2020. "Modern Management Accounting Practices for Large Manufacturing Enterprise in Lower Northern Provinces Group I Thailand," Journal of Accounting, Business and Finance Research, Scientific Publishing Institute, vol. 8(3), pages 120-124.
    3. Kanogporn Suranatthakul & Supaporn Dokmaithong & Ruankwan Intanon & Warawit Phetruen & Nuatip Sumkaew, 2020. "Modern Management Accounting Practices for Large Manufacturing Enterprise in Lower Northern Provinces Group I Thailand," Journal of Accounting, Business and Finance Research, Scientific Publishing Institute, vol. 9(1), pages 24-28.

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