The main objective of the study was to examine the contribution of management accounting information to the decision-making process of not -for -profit making organizations, with International Fertilizer Development Centre (IFDC) as the case study. Both qualitative and quantitative research design was used, and respondents were purposively selected. The sample survey involved 140 employees of International Fertilizer Development Centre (IFDC) located in four countries (Rwanda, Burundi, DRC and Kenya). 46 respondents were determined using the Raosoft sample size calculator. Data was collected using questionnaires, interviews and desk research. Analysis was made using SPSS. The findings indicated that management accounting information is frequently used in decision making as represented by 69.5% of the respondents. 98.3% of the respondents agreed that they use it in strategic decisions, 93.5% agreed that they used it in operations decision. The most used management accounting techniques include budgeting (97.8%), financial report analysis (97.8%), management report (95.2%), variance analysis (93.5%), CVP analysis (91.3%) and cost accounting (91.3%). It was recommended that, because of its importance, as evidenced by these findings, managers at all level of the organisation should employ the various management accounting information in their decision-making process.
| Published in |
Science Journal of Business and Management (Volume 8, Issue 3)
This article belongs to the Special Issue Business Policy& Strategic Management |
| DOI | 10.11648/j.sjbm.20200803.15 |
| Page(s) | 141-148 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2020. Published by Science Publishing Group |
Management Accounting, Decision Making, Not-for-Profit Organizations, Managers, Information, Budgeting, Planning
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APA Style
Twesige Daniel, Kato Mahazi, Sazir Nsubuga Mayanja. (2020). Management Accounting Information and Decision Making of Not-for-Profit Organisations in Rwanda. Science Journal of Business and Management, 8(3), 141-148. https://doi.org/10.11648/j.sjbm.20200803.15
ACS Style
Twesige Daniel; Kato Mahazi; Sazir Nsubuga Mayanja. Management Accounting Information and Decision Making of Not-for-Profit Organisations in Rwanda. Sci. J. Bus. Manag. 2020, 8(3), 141-148. doi: 10.11648/j.sjbm.20200803.15
AMA Style
Twesige Daniel, Kato Mahazi, Sazir Nsubuga Mayanja. Management Accounting Information and Decision Making of Not-for-Profit Organisations in Rwanda. Sci J Bus Manag. 2020;8(3):141-148. doi: 10.11648/j.sjbm.20200803.15
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Download@article{10.11648/j.sjbm.20200803.15,
author = {Twesige Daniel and Kato Mahazi and Sazir Nsubuga Mayanja},
title = {Management Accounting Information and Decision Making of Not-for-Profit Organisations in Rwanda},
journal = {Science Journal of Business and Management},
volume = {8},
number = {3},
pages = {141-148},
doi = {10.11648/j.sjbm.20200803.15},
url = {https://doi.org/10.11648/j.sjbm.20200803.15},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sjbm.20200803.15},
abstract = {The main objective of the study was to examine the contribution of management accounting information to the decision-making process of not -for -profit making organizations, with International Fertilizer Development Centre (IFDC) as the case study. Both qualitative and quantitative research design was used, and respondents were purposively selected. The sample survey involved 140 employees of International Fertilizer Development Centre (IFDC) located in four countries (Rwanda, Burundi, DRC and Kenya). 46 respondents were determined using the Raosoft sample size calculator. Data was collected using questionnaires, interviews and desk research. Analysis was made using SPSS. The findings indicated that management accounting information is frequently used in decision making as represented by 69.5% of the respondents. 98.3% of the respondents agreed that they use it in strategic decisions, 93.5% agreed that they used it in operations decision. The most used management accounting techniques include budgeting (97.8%), financial report analysis (97.8%), management report (95.2%), variance analysis (93.5%), CVP analysis (91.3%) and cost accounting (91.3%). It was recommended that, because of its importance, as evidenced by these findings, managers at all level of the organisation should employ the various management accounting information in their decision-making process.},
year = {2020}
}
TY - JOUR T1 - Management Accounting Information and Decision Making of Not-for-Profit Organisations in Rwanda AU - Twesige Daniel AU - Kato Mahazi AU - Sazir Nsubuga Mayanja Y1 - 2020/07/22 PY - 2020 N1 - https://doi.org/10.11648/j.sjbm.20200803.15 DO - 10.11648/j.sjbm.20200803.15 T2 - Science Journal of Business and Management JF - Science Journal of Business and Management JO - Science Journal of Business and Management SP - 141 EP - 148 PB - Science Publishing Group SN - 2331-0634 UR - https://doi.org/10.11648/j.sjbm.20200803.15 AB - The main objective of the study was to examine the contribution of management accounting information to the decision-making process of not -for -profit making organizations, with International Fertilizer Development Centre (IFDC) as the case study. Both qualitative and quantitative research design was used, and respondents were purposively selected. The sample survey involved 140 employees of International Fertilizer Development Centre (IFDC) located in four countries (Rwanda, Burundi, DRC and Kenya). 46 respondents were determined using the Raosoft sample size calculator. Data was collected using questionnaires, interviews and desk research. Analysis was made using SPSS. The findings indicated that management accounting information is frequently used in decision making as represented by 69.5% of the respondents. 98.3% of the respondents agreed that they use it in strategic decisions, 93.5% agreed that they used it in operations decision. The most used management accounting techniques include budgeting (97.8%), financial report analysis (97.8%), management report (95.2%), variance analysis (93.5%), CVP analysis (91.3%) and cost accounting (91.3%). It was recommended that, because of its importance, as evidenced by these findings, managers at all level of the organisation should employ the various management accounting information in their decision-making process. VL - 8 IS - 3 ER -
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