Determinants Effecting Management Accounting Techniques In The Manufacturing Food Sector (FMCG) Of Pakistan

Abstract

Purpose of the study: The objective of this study is to high lighten the importance of number of factors which stops the organization in its adjustment of management accounting techniques (MATs) in the manufacturing sector of Pakistani (FMCGs) firms. Research method/sampling: For this purpose primary statistics has been taken from the professional accountants and staff of the listed food manufacturing companies. This research paper is based on the random sampling technique as for the collection of date company accountants has been picked randomly for ht sample companies. Seven independents are selected to find the impact on management techniques. Findings of the research: The hypothesis suggest that the size of the organization, professional accountants, market competition, inventory management and advance management accounting techniques (AMAT) are positively related with the dependent variable MATs. These five variables are found to be significant with the MATs. Practical implications of the research: Findings of this research show that there is a significant impact of variables on the choice of the firm while they are electing management counting technique in the manufacturing sector of Pakistan. The research has revealed that the companies with small product portfolio adopt different management accounting techniques as compared to large Multinational Corporation. The main reason found behind that the suitability of certain internal and external factors which will affect the decision of the firm.