Please use this identifier to cite or link to this item: https://hdl.handle.net/10321/3512
Title: Factors influencing the adoption of Management Accounting Practices (MAPs) by manufacturing Small and Medium Enterprises (SMEs) in Durban, Kwazulu-Natal
Authors: Msomi, Mbali Portia 
Ngibe, Musawenkosi 
Nyide, Celani John
Keywords: Management;Accounting Practices;Manufacturing;SMEs;Environmental Factors;Durban
Issue Date: 25-Nov-2019
Publisher: Allied Business Academics
Source: Msomi, M.P. et al. 2019. Factors influencing the adoption of Management Accounting Practices (MAPs) by manufacturing Small and Medium Enterprises (SMEs) in Durban, Kwazulu-Natal. International Journal of Entrepreneurship. 23(4): 1-18 (18).
Journal: International Journal of Entrepreneurship 
Abstract: 
Globally, manufacturing SMEs have been confronted with transformation, requiring them to be more focused on cost efficiency in order to be more sustainable. This has meant that manufacturing SMEs needed to find different business strategies and approaches to meet this global transformation. Literature shows that the introduction and usage of management accounting practices (MAPs) in manufacturing SMEs can contribute significantly towards their sustainability and meeting the global transformation needs. This paper intended to determine the critical environmental factors influencing the adoption of MAPs by manufacturing SMEs located in Durban, KwaZulu-Natal, South Africa. This study adopted a quantitative research approach using a 5 point Likert scale questionnaire as the data collection instrument. The target population consisted of manufacturing SME owners, managers who were involved in the business decision making. A non-probability (purposive) sampling was used to select the relevant sample size for this study. A total of 80 questionnaires were distributed to the target population with 51 questionnaires being completed and returned. Based on the empirical findings, the study identified that both internal and external environmental factors such as size of the firm, firm age, resources for training needs, technology and government support have a critical influence towards the adoption of MAPs. The study recommended that it is crucial for manufacturing SMEs to identify the most appropriate MAPs which can be embedded in their operations to improve business performance and sustainability.
URI: http://hdl.handle.net/10321/3512
ISSN: 1099-9264
1939-4675 (Online)
Appears in Collections:Research Publications (Accounting and Informatics)

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