FACTORS AFFECTING THE APPLICATION OF COST MANAGEMENT ACCOUNTING PRACTICE AT SMALL AND MEDIUM ENTERPRISES IN VIETNAM

Abstract

The purpose of this paper is to identify the factors that affect the application of cost management accounting practice (CMAP) in small- and medium-sized enterprises in Vietnam. Based on the survey, analysis, processing, and evaluation of the obtained results, some solutions are proposed to improve the application of CMAP in small and medium enterprises for increasing competitiveness in the context of international economic integration. The study carried out an analysis of 129 survey samples in small and medium enterprises in Vietnam. The research method is a combination of qualitative and quantitative ones. Analytical techniques include descriptive statistics, scale reliability testing, EFA analysis, linear regression. The result shows that there are two factors that positively impact on the application of CMAP for small and medium enterprises in Vietnam: Market competition and Advanced technology.