INFLUENCE OF MANAGEMENT ACCOUNTING PRACTICES ON PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN BAUCHI STATE NIGERIA

Abstract

This study examined the effect of management accounting practices on performance of small and medium
enterprises in Bauchi state, Nigeria. The study had two specific objectives, two research questions which were
meant to guide the study and two null hypotheses which were tested at 0.05 level of significant. The study adopted a
survey research design which is purely quantitative, using structured questionnaires which were administered to
400 randomly selected owners/managers of small-scale businesses in Bauchi state. Data collected was analyzed
using multiple regression. The findings of the study revealed that overhead cost management practices and
inventory management practice have significant effect on performance of small and medium enterprises in Bauchi
state, Nigeria. By implication, mortality rate of SMEs in Bauchi state can be minimized and boosted the contribution
of SMEs in the state employment through proper management accounting practices particularly, overhead cost
management practices and inventory management practice. This study therefore, recommend that The Bauchi state
government through the appropriate regulatory agency such as small and medium enterprises development agency
of Nigeria (SMEDAN) should organize a seminars and workshop on regular basis to registered small-scale
businesses operating in Bauchi state on overhead cost management practices and inventory management practice.