The role of management accounting in non-profit making organizations: A case study of the University of Ilorin, Nigeria

Dayo Bamigbade, Abdurafiu Noah, Kamaludden Ibrahim

Research output: Contribution to journalArticlepeer-review


The rate of unawareness exhibited by overseers of most non-profit making organizations about the indispensable tasks performed by management accounting is so alarming that it needs to be imminently addressed. This concern was noticed more in the University system in Nigeria in-spite of the facts that some techniques of management accounting are being applied by the preparers of accounting records in the University system. This study examined the perceptions of Bursary staff in the University of Ilorin, concerning the role of management accounting using quantitative methods to collect and analyses the data. Questionnaires were successfully administered on forty (40) respondents to seek their views in this regard. The maximum response to each question is 5 and this gives an expected mean score of 2.5. Using students t- distribution statistic, the value of each question was calculated around this expected mean. The result was then compared with the tabulated or critical–t value which gives 2.04. This was used to test the formulated hypotheses. The study revealed that management accounting performs useful functions in the organizational process of strategy formulation, control and change. Consequently, some policy options which include continuous enlightenment of non-profit organizations through retreats/seminars/workshops, issuance of a Statement of Accounting Standards on Disclosure of Managerial Accounting Information to enhance quality of managerial accounting information provision, are given to help reverse this unawareness.
Original languageEnglish
Article number2
Pages (from-to)44-51
Number of pages8
JournalOsogbo Journal of Management
Issue number2
Publication statusPublished - 1 Aug 2017
Externally publishedYes

Bibliographical note

Open journal


  • Management accounting
  • non-profit making organization
  • accounting information
  • disclosure


Dive into the research topics of 'The role of management accounting in non-profit making organizations: A case study of the University of Ilorin, Nigeria'. Together they form a unique fingerprint.

Cite this