Factors affecting the use of management accounting in Ho Chi Minh City's small and medium-sized enterprises

As an economic management tool, accounting performs the function of providing information to managers for planning, organizing, controlling, and making business decisions. In addition to making effective decisions that benefit the organization, managers should consider many internal and external factors, including data from management accounting. This will be also influenced by many different factors. Using both qualitative and quantitative research methods, in this study, a survey was conducted through questionnaires sent to directors, chief accountants, and accounting staff. 170 samples were collected and analyzed with SPSS software. The study’s results showed that all seven factors in the proposed research model affect the use of management accounting in Ho Chi Minh City’s small and medium-sized enterprises (SMEs). These factors are firm size, organizational culture, competition, awareness of business owners and managers, qualifications of accounting staff, costs of organizing a management accounting system, and accounting software quality. Based on the study’s results, some theoretical and practical implications are made to improve the application of management accounting in SMEs in Ho Chi Minh City.