A New Era for Management Accountants in Nigeria: A Guide to Achievement of Enhanced Organizational Performance and Success

Authors

  • Maryam Abdullah Habib PhD research candidate, College of Economics and Business Liaoning University, Shenyang, China

DOI:

https://doi.org/10.53555/bma.v1i1.1668

Keywords:

Management accountant, Conventional role, Contemporary role, Organisational performance, Organisational success, Nigeria

Abstract

Management accountants, in the conventional and contemporary age, have contributed to the development of organisations with regards organisational performance and success which has proven to be latent in Nigeria. The differences in development of organisational performance are dependent of the factors which have influenced both facets of roles of management accountants in Nigeria. This study compares the conventional and contemporary roles of management accountants and their contribution towards enhanced organisational performance and success in Nigeria. Secondary sources were analysed and information was gathered in the bid to produce literature on the issue of concern. The study shows that even with its current situation, management accountants, to varying extents, contribute to organisational performance and success. The study serves as a steer to academicians, potential employees, practicing management accountants and students in ensuring that these roles move with changes in the business environment for the sake of organisational performance and success.

Downloads

Download data is not yet available.

References

Ahid, M. and Augustine A. (2012). The roles and responsibilities of management accountants in the era of globalization. Global Journal of Management and Business ResearchVol. 12 (15), PP 42-53.

Ajibolade, S. O. (2013). Management accounting systems design and company performance in Nigerian manufacturing companies: A contingency theory perspective. British Journal of Arts and Social Sciences Vol.14 (2), PP 228-244.

Atkinson, A. A., Kaplan, R.S., Matsumura, E. M., and Young, S.M. (2012). Management accounting: information for decision-making and strategy execution. Pearson Education, Inc., Upper Saddle River, New Jersey, 6th edn. Chukwunedu, O.S. and Okoye, E. I. (2012). Management Accounting Education in Nigeria: An analysis of its relevance to the workplace situation. Retrieved on date: 17 October, 2015. Available at: url:http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2101550

Institute of Management Accountants (1996). Statements on Management Accounting: Practice of Management Accounting. Value-Chain analysis for assessing competitive advantage. Retrieved on date: 17 October, 2015. Available at:

url:http://www.imanet.org/docs/default-source/research/sma/value-chainanalysis.pdf?sfvrsn=2

Kerby, D. and Romine, J. (n.d.). What's Ahead For Management Accountants? Retrieved on date: 4 October, 2015. Available at:

url:http://www.newaccountantusa.com/newsfeat/ip/ip_whatsahead.html Parker, L. D. (2002). Re-inventing the management accountant. Transcript of CIMA address delivered at Glasgow University. Retrieved on date: 17 October, 2015. Available at:

url:http://www.cimaglobal.com/Documents/Thought_leadership_docs/Visiting P rofessor/tech_presnot_reinventing_the_management_accountant_mar02.pdf

Ramli, A., Zainuddin, Z.N., Sulaiman, S. and Muda, R. (2013). Changing Roles of Management Accountants in Malaysian Companies: A Preliminary Study. International Journal of Finance and Accounting Vol. 2(2), PP 89-93 DOI:

5923/j.ijfa.20130202.06 Richmond Website (2011). History of management accounting. Retrieved on date: 14 October, 2015. Available at:

Url:https://blog.richmond.edu/acct305s11/files/2011/01/history-of-mgmtaccounting.pdf Sa’im, H. and Tsamenyi, M. (2012). Public Sector Reform Networks and Changes in Management Control Systems: A Case Study of a State Enterprise in Nigeria.

Downloads

Published

2021-07-31

How to Cite

Habib, M. A. (2021). A New Era for Management Accountants in Nigeria: A Guide to Achievement of Enhanced Organizational Performance and Success. International Journal For Research In Business, Management And Accounting, 1(1), 35–43. https://doi.org/10.53555/bma.v1i1.1668