Are the Old Management Accounting Techniques Still Relevant?

Abstract: A 5 page paper examining differences in "schools" of management accounting. There have been business-defining changes in manufacturing systems and approaches over the past two decades, particularly as increasing numbers of manufacturers adopt Just-In-Time (JIT) techniques. Some management accountants believe that the changes in manufacturing systems and approaches also warrant related changes in management accounting techniques. Others believe that the old methods work just as well with the new systems as they did with the old. There appears to be less difference between these schools of management accounting than is visible superficially. They both seek to provide cost information in terms most meaningful to the organization, and both can be seen as successful in their intent. Bibliography lists 8 sources.

Filename: KSmgAcctMfg.wps

Pages: 5

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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