Topic: An analysis on the effectiveness of cost and management accounting systems in

enhancing firms financial performance a case of Air Zimbabwe.

Statement of problem

Managers of different levels in an organization take several different decisions and actions far
effectively and efficiently realizing goals objectives of the organization in today’s highly
turbulent and intense competitive organizational environment ,the managers and the strategists
have to set strategic goals and objectives, formulate strategic plans ,implement and control them
and make several strategic decisions ,for all this they use reliable and valid accounting
information available in the organization. Air Zimbabwe is currently facing viability problems,
persistent losses and challenges in fluctuating rate of expenditure over income and There is no
balance between the revenue received and costs incurred by the organization, which have
resulted in it not able to pay its debts. The stimuli of conducting this study is based on the need
to understand ways to enhance economic sustainability of Air Zimbabwe through discussing how
cost and management accounting systems can be administered effectively in order to adjust costs
that are negatively affecting the Organization financial performance.

Research Objectives

i) Is to analyze the effectiveness of cost and management accounting systems on firm’s financial
performance.

ii) To examine the relationship between cost and management accounting systems and firm’s
financial performance.

iii) To assess the potential benefits of cost and management accounting to Air Zimbabwe.

iv) To implement monitor review and control the current cost function and report research
findings to the management of Air Zimbabwe.