THE IMPACT OF MANAGEMENT ACCOUNTING PRACTICES ON FINANCIAL PERFORMANCE OF LISTED COI\TPANIES TN SRI LANKA

Abstract

Thisstudy examines the Impact of Management Accounting Practices on Financial of listed companies in Sri Lanka. In the current business market, Accounting practices are very important as well as compulsory for the npanies. The researcher has decided to study the listed companies which are existing objective of this study is to examine the impact of Management Accounting ices on Financial Performance of listed companies in Sri Lanka. In addition to the hip between Managemenl Accounting Practice and Financial Performance of the companies in Sri Lanka is also analyzes as well as the researcher has identified extent do the listed companies use the Management Accounting Practices for their activities in Sri Lanka. companies in Sri Lanka are 285 out of 100 listed companies were selected as According to the findings, descriptive statistic was highest mean value for ial Statement Analysis therefore it has high level counting practices. Budgeting Working Capital Management Practices, Practicing Management Information System have high level Management Accounting Practice. between the Financial Statement Analysis and Financial Performance have high positive lationship. Befween Budgeting Practice and Financial Performance have high positive ,relationship. Between Working Capital Management Practice and Financial Performance , have a high positive relationship. Between Performance Evaluation Practice and financial Performance have a high level of positive rel4tionship. Between Practicing :.Management Information System and Financial Performance have a high level of positive relationship. Keywords: financial statement analysis, budgeting practices, working capital management practices, performance evaluation, practicing management information lil ;:'system, financial performance