The Impact of Managerial Accounting Techniques on Small and medium Enterprises to Achieve Profits within the Amman Capital City of Jordan

Abstract

This study was aimed at looking into how managerial accounting methods affect small and medium-sized enterprises' (SMEs') ability to turn a profit in Jordan's capital city of Amman. The specific objective was to identify the different MATs used by SMEs in Jordan, the extent to which these management accounting techniques (MATs) impact the profitability of small and medium enterprises (SMEs), and to identify challenges faced by SMEs. Amman while using MAT. The number of SMEs in Amman is 1400. To obtain the sample, the multi-organizational inspection method is utilized. Following the selection of these 30 SMEs, population strata were divided into two categories: small (10–19 employees) and medium initiatives. This was done through the use of rigorous testing procedures (20 - 99 employees). The managers of these organizations filled out 100 questionnaires, of which 77 were carried out by men and 23 by women. However, 200 surveys were completed by the personnel of these SMEs (148 men and 52 women). The public is found to benefit from competition in the market and owner/manager involvement. The researchers have provided some recommendations in light of the findings that will assist Jordanian small and medium-sized businesses in turning a profit by utilizing managerial accounting procedures.