International Journal For Multidisciplinary Research

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Investigation of Impact of Management Accounting Practice on Financial Performance of Manufacturing Companies in Gaborone, Botswana

Author(s) Pritika Singh Baliyan, Tshepo Gasemorwa, Popo Selinke
Country Botswana
Abstract This study aimed at examining the impact of management accounting practices on performance of manufacturing firms in Botswana. The study use a quantitative research approach and data was collected from four big manufacturing firms of Botswana in different sectors food processing, construction etc. A sample of 40 participants was purposely selected from managers and accounting personnel from selected firms. The statistical package for the social science (SPSS) version 25.0 and regression model were used to analyze data. Regression analysis was taken to check the relationship between management accounting practices and performance. The study showed that costing system, budgetary system, performance evaluation system, strategic management and information for decision-making are the key management accounting practices mostly adopted by manufacturing companies in Botswana and these management accounting practices positively influence the performance of manufacturing companies in Botswana. The study then recommends that most of these management accounting practices has to be adhered to if managers want to increase performance.
Keywords Management Accounting, Financial Performance, Manufacturing firms, Botswana
Field Business Administration
Published In Volume 5, Issue 4, July-August 2023
Published On 2023-08-15
Cite This Investigation of Impact of Management Accounting Practice on Financial Performance of Manufacturing Companies in Gaborone, Botswana - Pritika Singh Baliyan, Tshepo Gasemorwa, Popo Selinke - IJFMR Volume 5, Issue 4, July-August 2023. DOI 10.36948/ijfmr.2023.v05i04.5028
DOI https://doi.org/10.36948/ijfmr.2023.v05i04.5028
Short DOI https://doi.org/gsmnqz

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