Traditional Managerial Accounting Techniques and Organizational Performance in Nigeria

Abstract

Considering the high rate of competitive activities among organizations today, an organization can retain its share in the global market only by good performance. Organization can enhance its performance through motivation, ability, roles and situation. Some scholars are of the opinion that some traditional managerial accounting techniques are still useful for organization’s performance. The study therefore seeks to examine the impact of traditional managerial accounting techniques on organizational performance in Nigeria. The study adopted structured questionnaire for data collection. Test of hypotheses was carried out through Covariate analysis (ANCOVA). The study found that some traditional managerial accounting techniques have significant effects on organizational performance in Nigeria. To this end, the study recommends that some traditional managerial accounting techniques can still be adopted for organizational performance in Nigeria. The study concluded that only the most relevant traditional managerial accounting techniques should be adopted for organizational activities.