Managers Perceptions of Management Accounting Information in the Business Planning Process

Abstract

This study aims to explore managers’ perceptions of management accounting information in the business planning process using a literature review approach. Management accounting information plays a central role in supporting both strategic and operational decision-making processes. Managers’ perceptions of this information influence the extent to which accounting data is utilized in designing strategies, allocating resources, and evaluating performance. This study reviews a range of academic literature published, focusing on dimensions such as information quality, technological factors, organizational culture, and managers’ cognitive involvement. The findings reveal that a positive perception of the relevance and reliability of accounting information enhances the quality of business planning. In contrast, barriers such as system complexity or lack of training may hinder effective utilization. The study offers important implications for the development of accounting information systems and managerial training programs across various organizational contexts. Strengthening both technical and cognitive aspects of accounting information use can foster more effective planning and data-driven decision-making.