Management Accounting Strategies for Financial Efficiency in Dairy Farm Waste Conversion to Support Sustainability and Poverty Reduction

Amanda N. Tevera and Newman Wadesango
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Amanda N. Tevera: Midlands State University, Gweru, Zimbabwe
Newman Wadesango: University of Limpopo, Polokwane, South Africa

CECCAR Business Review, 2025, vol. 2025, issue 9, 63-75

Abstract: This study explores the integration of advanced management accounting strategies to optimize dairy farm waste conversion at Dendairy (Pvt) Ltd. It addresses a gap in research by linking agricultural waste management with financial efficiency, sustainability, and poverty reduction. Unlike previous studies focused mainly on environmental or technical aspects, this research highlights the role of tailored accounting tools in enhancing decision-making. Using a quantitative approach, structured questionnaires were distributed to 50 employees, achieving a 100% response rate. Analysis revealed that traditional cost methods of accounting were inefficient. Waste-to-energy conversion emerged as the most effective cost optimization strategy, with a weighted score of 11.7. The study also applied linear programming to demonstrate cost-saving potential in resource allocation. A key finding is the importance of employee morale, specifically job satisfaction and training in successful waste management. The research proposes a practical framework combining activity-based costing, stakeholder engagement, and performance metrics. While the study provides valuable insights for dairy farms and policymakers, its findings are limited by the single case study approach and a relatively small sample size. Future research should expand to other agricultural sectors and contexts. This work offers a novel perspective on aligning waste management with economic and social development goals through management accounting.

Keywords: management accounting techniques; dairy farm waste conversion; sustainable development; poverty reduction; Zimbabwe (search for similar items in EconPapers)
JEL-codes: M40 M49 Q01 Q12 Q53 Q56 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ahd:journl:v:2025:y:2025:i:9:p:63-75

DOI: 10.37945/cbr.2025.09.07

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