MANAGEMENT ACCOUNTING TECHNIQUES IN MANUFACTURING FIRMS (A CASE STUDY OF NIGERIA BREWERIES PLC ABA)
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Table of content
1.1 INTRODUCTION OF MANAGEMENT ACCOUNTING TECHNIQUES IN MANUFACTURING FIRMS
1.2 Statement of problem
1.3 Purpose of the study
1.4 Significance of the study
1.5 Statement of hypotheses
1.6 Scope of the study
1.7 Limitation of the study
1.8 Definition of terms
2.1 LITERATURE REVIEW OF MANAGEMENT ACCOUNTING TECHNIQUES IN MANUFACTURING FIRMS
2.2 Standard costing technique
2.3 Variance (Analysis) accounting
2.4 Absorption costing
2.5 Capital budgeting
2.6 Cost- volume profit analysis
2.7 Summary of literature reviewCHAPTER THREE
3.1 RESEARCH DESIGN AND METHODOLOGY OF MANAGEMENT ACCOUNTING TECHNIQUES IN MANUFACTURING FIRMS
3.2 Sources of data
3.3 Sample used
3.4 Method of investigation
4.1 DATA PRESENTATION AND ANALYSIS OF MANAGEMENT ACCOUNTING TECHNIQUES IN MANUFACTURING FIRMS
4.2 Data presentation and analysis
4.4 Test of hypotheses
5.1 SUMMARY, CONCLUSION AND RECOMMENDATIONS OF MANAGEMENT ACCOUNTING TECHNIQUES IN MANUFACTURING FIRMS
The researcher has studied management accounting techniquesi in manufacturing firms with Nigerian Breweries Plc, Aba as a case study. In the course of this study , it was noted that management accounting techniques is a necessary tool towards the accomplishment of organizations major objective of profit maximization
The decision making process of manufacturing firms is understand by management staff and senior staff. The study established that management accounting information system directly affects the effectiveness of management accounting techniques .
Finally the study revealed that the use of management accounting techniques resulted from the need to guide managements decision as such manufacturing firms cannot do without management accounting techniques as it’s success will be greatly hindered without it.CONCLUSION
Project evaluation, budgetary control, variance analysis, etc are all management accounting techniquesi. From the research findings one can conclusively say that management accounting techniques in data analysis, especially with the use of budgeting and budgetary control based on the advantage of time, authenticity and accuracy toward the attainment of organizational goals.RECOMMENDATION
i) Management should adopt techniques that would aid the attainment of organizational goals.
ii) Techniques employed should be constantly appraised to remove possible areas of weakness.
iii) Feedback of information to those responsible should be done timely for quick and appropriate actions
iv) Skill development schemes aimed at exposing the management staff to problems posed by management objective , should be undertaken .
v) Proper management orientation on the importance of management accounting information should be pursed vigorously .
vi) Management of manufacturing firm should adhere strictly to the tenets of management accounting techniques. Since they are found to improve the performances
In view of the limitation stated in chapter one.
The above recommendation cannot be said to be exhausted. There is therefore the need for further research in this area.