ABSTRACT
The management accounting is identified as one of the key officers in the Accounting Department of any manufacturing company has the duty of providing the required professional information route to achieving the organizational goal. This made the researcher to choose the role of management accountant in profit maximization for his project Ibeto Plc, Nnewi has been used as a case study. The researcher made use of both primary and secondary data, and structured questionnaires which were collected from textbooks, and various research materials. Chi-square was used as a statistical tool for analyzing the data. From the findings, the research in analysis, the activities of the management accountant is identified as one of the very officers of Accounting Department. The management accountant performs the function of providing information for planning accounting decision making and evaluation of the companies operation. He ensures the accountability of resources of the company. He participates directly in the management process by virtue of these duties. The researcher can confidently and conveniently conclude that the management accountant through the provision of specialized information gather from his knowledge as a professional plays a prominent role in the profit maximization of manufacturing company. The researcher recommends that every manufacturing outfit should employ the services of a qualified management accountant. So the role of management accountant in profit maximization is very important.
TABLE OF CONTENTS
Title page i
Approval page ii
Dedication iii
Acknowledgement iv
Table of contents v
Abstract vii
CHAPTER ONE
INTRODUCTION
1.1 Background of the Study 1
1.2 Statement of the Problem 5
1.3 Objective of the Study 7
1.4 Research Question 7
1.5 Test of Hypothesis 10
1.6 Significance of the study 10
1.7 Scope of the study 11
1.8 Limitation of the study 11
1.9 Definition of Terms 12
CHAPTER TWO
LITERATURE REVIEW
2.1. Definition of profit maximization 14
2.2 The concept cost 15
2.3 The function of management accounting in relation to profit maximization 19
2.4 Uses of marginal costing principles 30
2.5 Ways of regulating costs in a manufacturing company 40
2.6 Planning for cost reduction 42
2.7 Ways of reducing cost 43
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Research Design 47
3.2 Area of the Study 47
3.3 Population of the Study 47
3.4 Sample of the Study 48
3.5. Method of Data Collection 48
3.6. Validity/Reliability of the Instrument 49
3.7. Method of Data Analysis 50
CHAPTER FOUR
DATA PRESENTATION ANALYSIS AND INTERPRETATION
4.1 Presentation and analysis of data 51
4.2 Analysis of data 51
4.3. Test of hypothesis 57
CHAPTER FIVE
SUMMARY OF FINDING, CONCLUSION AND RECOMMENDATION
5.0 Summary of Findings 64
5.1 Conclusion 68
5.2 Recommendations 68
5.3 Suggestions for further Research 70
References 71
Appendix ‘A’ 72
Appendix ‘B’ 73
