THE ROLE OF MANAGEMENT ACCOUNTING IN PERFORMANCE IMPROVEMENT
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 5000
Abstract:
This study examines the role of management accounting in performance improvement in Lagos State, Nigeria. The objectives are to: (1) evaluate how management accounting practices contribute to organizational performance, (2) assess the impact on employee productivity and efficiency, and (3) analyze the challenges faced in leveraging management accounting for performance improvement. A survey design was chosen to gather data from financial managers and employees. The sample size, calculated using Taro Yamane's formula, ensures representativeness. Zenith Bank Plc was selected as the case study due to its focus on performance improvement through management accounting. The reliability coefficient score of the survey was 0.92. Findings indicate that management accounting significantly enhances organizational performance and employee productivity. However, challenges such as data accuracy and integration of accounting practices were identified. It is recommended that companies in Lagos State invest in robust management accounting systems and training to improve organizational performance and efficiency.
