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Article Title:
Evaluation of Management Accounting Techniques as Tool for Planning and Control Decision-Making in Selected Manufacturing Companies in Ibadan, Nigeria
by Onaolapo, Adekunle Abdulrahman and Oladejo, Kayode Samson

Abstract:
The study evaluates Management Accounting Techniques as tools for Planning and Control Decision-Making in the selected manufacturing business in the study area. It has are specific objectives as: to examine the socio-economic parameters influencing selection of MATs, to examine effect of socio economic parameters on the effectiveness of MATs, to identify the extent of adoption of MATs. Thirty (30) manufacturing companies were selected as the sample size through stratified random sampling technique. Descriptive analysis was employed through the use of tables, percentages, ranks e.t.c. However the hypotheses were tested using of Chi Square (X2) at 5% of significance, Correlation and Regression analysis through the use of Stata 10. The result revealed that socio economic parameter has significant effect on its adoption and effectiveness Based on findings, the study therefore recommends that management accounting techniques should be embraced thoroughly by manufacturing businesses developing countries such as such as Nigerian manufacturers in order to better their portfolio and improve their planning and control decision-making. The study therefore help managers of manufacturing companies to know the importance of management accounting techniques, impact of socio economic parameter in is adoption and its effect as planning and control decision-making tools.

Keywords: management accounting techniques, planning, competitive environment, manufacturing companies, decision making

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