Managerial Accounting Techniques and the Operational Control of Large-Scale Manufacturing Enterprises in South-South, Nigeria

This study sought to determine the influence of application of Managerial Accounting Techniques on the operational control of large-scale manufacturing enterprises in South-South Nigeria. In order to carry out this study objectively, three specific objectives, three research questions and three null hypotheses were postulated to guide the study. A descriptive survey design was adopted for the study. The population of the study comprised 221 accountants of 49 registered large-scale manufacturing enterprises in South-South, Nigeria. A simple random sampling technique was used in selecting a sample of 143 accountants. A questionnaire with 36 structured items designed by the researcher was used for data collection for this study. The questionnaire was face validated by three research experts. Cronbach’s Alpha Technique was used in determining the reliability of the instrument and a correlation coefficient of 0.83 was obtained. Means and standard deviation were used in answering the research questions. A one sample t-test statistics was used to test the three null hypotheses respectively at 0.05 level of significance. The findings of the study revealed that the application of cost control, cash flow statement and cost-volume-profit control techniques have significantly influenced operational control of large-scale manufacturing enterprises in South-South, Nigeria. Based on the findings, it is concluded that the application of suitable managerial accounting techniques in large-scale enterprises would positively increase organizational performance, customers, promote the image of the enterprises, profitability earnings potentials and competitive ability. On the other hand, failure to learn managerial accounting techniques, would spell doom to the large-scale manufacturing business operations. It is recommended among other things that Shareholders in large-scale manufacturing enterprises should insist that the managerial accounting techniques used in the study and other management accounting techniques are adequately applied by holding the management accountable for poor operational control.