Management Accounting Practices and Organizational Performance of Manufacturing Companies in Nepal

Abstract

Management accounting gives businesses a significant chance to compete in the market by giving clients high-quality goods and services. The purpose of this study was to investigate how management accounting techniques affect the performance of manufacturing firms, particularly those operating in Nepal. With a descriptive methodology, the study focused on a population of 1,800 employees of Dabur Nepal, Bottlers Nepal and Unilever Nepal., involving staff from top, middle, and lower management levels. Convenience sampling was used to ensure an unbiased selection, crucial for drawing accurate conclusions. A total of 400 questionnaires were distributed for primary data collection, which was conducted through a questionnaire. The study found that among manufacturing companies in Nepal, the most commonly used management accounting practice is information for decision-making. Budgeting, regulating, costing, performance assessment, and decision-making come next, in that order. The study suggests that firms should increase their awareness of the significance of information for decision-making practices, given its prevalence as the top management accounting practice in Nepalese manufacturing companies.