Management Accounting and the Environment
9 pages
(2250 words)
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Recently, the role of management accounting changes because of legal and social influences on the finance and accounting function, and environmental variations resulting from the size of the organization.... Recently, the role of management accounting changes because of legal and social influences on the finance and accounting function, and environmental variations resulting from the size of the organization, ownership patterns and organization structure.... In recent years traditional cost-accounting methods, usually based on historic data, have been challenged, first by high rates of inflation in the 1980s and more recently by other changes....