Adoption of conventional management accounting practices by small and medium enterprises operating in the hotel sector of the Cape Metropole

African Journal of Hospitality, Tourism and Leisure

Dr Peter Nasiema Kamala¹  Olwethu Ntshonga¹ 

[1] Department of Management Accounting Cape Peninsula University of Technology Cape Town, South Africa ;

关键词: cmaps;    adoption;    smes;    hotel sector;    cape town metropole;    south africa;   

DOI  :  

来源: DOAJ

【 摘 要 】

The performance of Small and Medium Enterprises (SMEs) operating as hotels lags behind that of large hotels partly due to reluctance of the SMEs to adopt Conventional Management Accounting Practices (CMAPs). Although many studies have been conducted to confirm this problem in other countries, little research has been done on the topic in the South African context. The main aim of this research was therefore to determine the extent to which SMEs operating in the hotel sector of the Cape Metropole have adopted CMAPs.A questionnaire survey was administered to collect data from 100 SMEs operating in the hotel sector of the Cape Metropole. The findings of the study revealed that 70% of the sampled SMEs had adopted CMAPs, while only 30% had not adopted these practices. The findings of the study further revealed that the CMAP that was adopted by most of the sampled SMEs was budgeting (59%), followed by variance analysis (42%), cost, volume and profit analysis (42%), cost plus pricing techniques (39%), and non-financial performance measurement techniques (36%). Other CMAPs adopted by a smaller percentage of the SMEs were industry competitor analysis (36%), forecasting (35%), capital budgeting (35%), benchmarking (35%), working capital management (34%), theory of constraints (33%), what if analysis (33%), Kaizen costing (32%), elimination of non-added activities (31%), and just in time system (31%). This study does not only fill in a gap in the literature on the adoption of CMAPs by SMEs operating in the hotel sector in South Africa, but it also provides critical insights on the topic, which could inform future government interventions meant to improve the performance of these entities. The findings may also aid SMEs to benchmark their adoption of CMAPs to that of their peers, with the aim to improve their adoption rate of the stated practices.

【 授权许可】

Unknown