THE ROLE OF MANAGEMENT ACCOUNTING IN STRATEGIC PLANNING
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT:
This study examines the role of management accounting in strategic planning in Lagos State, Nigeria. The objectives are to: (1) evaluate how management accounting practices contribute to the formulation and implementation of strategic plans, (2) assess the impact on organizational performance and competitive positioning, and (3) analyze the challenges faced in integrating management accounting with strategic planning. A survey design was chosen to gather comprehensive data from financial managers and strategic planners. The sample size, calculated using Taro Yamane's formula, ensures representativeness with a 95% confidence level and a 5% margin of error. Nigerian Breweries Plc was selected as the case study due to its robust strategic planning framework. The reliability coefficient score of the survey was 0.94. Findings indicate that management accounting significantly enhances the formulation and implementation of strategic plans, improving organizational performance and competitive positioning. However, challenges such as data integration and the dynamic nature of strategic planning were identified. It is recommended that companies in Lagos State invest in advanced management accounting tools and continuous training to enhance strategic planning processes.
Related Project Materials
AN EXAMINATION OF FACTORS INFLUENCING THE LOW EMPLOYMENT RATE OF PEOPLE WITH PHYSICAL DISABILITY IN NIGERIA
BACKGROUND OF THE STUDY
Disability is a pervasive issue. It affects every aspect of society. Eve...
CRITICAL EVALUATION OF WOMEN AND RURAL DEVELOPMENT
ABSTRACT
This study examines the “critical evaluation of women and rural development”, a case study of Ideat...
THE IMPACT OF PHONE-IN PROGRAMMES
EXCERPT FROM THE STUDY
Mass media is a channel, medium, utility, device, or instrument used in the mass communication pr...
INEC AND 2019 PRESIDENTIAL ELECTION IN NIGERIA: A PROGNOSTICATION
ABSTRACT
The INEC, as an instrument of processing democratic ideals and structures, is hopefully, expected to be a t...
THE IMPACT OF BUDGETING ON COST CONTROL
THE IMPACT OF BUDGETING ON COST CONTROL
This study aims to: (1) investigate the impact of budgeting on cost control, (2)...
THE PROBLEMS OF INEFFECTIVE COMMUNICATION IN AN ORGANISATION
ABSTRACT
The research work was based on the problems of ineffective communication in business organization, a case study...
INTERNAL CONTROL SYSTEM AS A TOOL FOR EFFICIENCY IN THE MANAGEMENT OF SMALL AND MEDIUM SCALE ENTERPRISES IN ILORIN
ABSTRACT
The main objective of this study is to ascertain the efficiency of internal control system as...
THE PROBLEM OF RETIREMENT IN THE ENUGU STATE CIVIL SERVICE
ABSTRACT
This Is a study on problems of retirement in the enugu state civil service: a case study of En...
HE ROLE OF ECONOMIC POLICY IN THE DIVERSIFICATION IN NIGERIA ECONOMY
EXCERPT FROM THE STUDY
Based on the nature and importance of the relationship between fiscal policy and manufacturing se...
INVESTIGATION OF STUDENTS READING HABITS ON THEIR ACADEMIC PERFORMANCE IN EXTERNAL EXAMINATIONS
ABSTRACT
This study investigated the relationship between study habits and students’ performance in senior seconda...
