International Journal of Applied Sciences & Development
E-ISSN: 2945-0454
Volume 2, 2023
A Study of Management Accounting Practices and Financial
Performance in Industrial Companies in Jordan
Authors: , ,
Abstract: With advancement in technology and changing business environment, it is important to assess the effect of adoption of management accounting practices on the financial performance in companies. Hence, the purpose of the study was to assess the effect of Management Accounting Practices (MAPs) on the financial performance in industrial companies of Jordan. The study considered MAPs (costing practices, budgeting practices, decision-making practices, performance evaluation practices and strategic analysis) as the independent variables and financial performance (Return on Assets - ROA) as the dependent variable. Data collection was done through primary sources where 142 responses were collected using structured questionnaire. Multiple regression test was used to test the hypothesis which found that there is a statistically significant effect of adoption of management accounting practices on the financial performance in Jordanian industrial companies.
Search Articles
Keywords: Budgeting Practices, Costing Practices, Decision-Making Practices, Financial Performance, Management Accounting Practices, Performance Evaluation Practices, Return on Assets and Strategic Analysis
Pages: 78-89
DOI: 10.37394/232029.2023.2.9