Examining the Factors Influencing the Enhancement of Efficiency and Effectiveness in Management Accounting Systems
Keywords:
Effectiveness, Management Accounting Systems, EfficiencyAbstract
This study aims to identify and explain the key factors influencing the improvement of efficiency and effectiveness in management accounting systems among firms listed on the Tehran Stock Exchange. This research is applied in purpose and descriptive–survey in design with a correlational approach. The statistical population consisted of accountants and financial experts in listed companies, from which a sample of 384 participants was selected using the Morgan table and convenience sampling. Data were collected through a standardized 24-item questionnaire based on a five-point Likert scale, with reliability confirmed via Cronbach’s alpha. Data analysis was conducted using SPSS 24 and AMOS 24 through Structural Equation Modeling (SEM). Confirmatory factor analysis and goodness-of-fit indices were employed to validate the measurement model. The results revealed that all independent variables—decision support and performance control, management accounting processes, information and data quality, reporting and performance analysis, technology and innovation, and cost management and inventory control—have significant positive effects on the efficiency and effectiveness of management accounting systems (P<0.05). The strongest effect was observed for reporting and performance analysis (β=1.490), followed by information and data quality (β=0.840) and cost management (β=0.778). All hypotheses were supported at the 95% confidence level. The findings indicate that strengthening informational, procedural, technological, and control dimensions simultaneously plays a critical role in enhancing the efficiency and effectiveness of management accounting systems, ultimately improving managerial decision-making and organizational performance.
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Copyright (c) 2025 Mehdi Mehrandish (Author); Reza Sotudeh (Corresponding author); Alireza Hirad (Author)
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