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Johnson and Kaplan (1987) claimed that current management accounting practice has lost itsrelevancywithrecentbusinessenvironment.Thecontinuouschangesinenvironmentinfluencemanagement accounting practices, which leads to intense challenges faced by managementaccountants nowadays. Discuss

Johnson and Kaplan (1987) claimed that current management accounting practice has lost itsrelevancywithrecentbusinessenvironment.Thecontinuouschangesinenvironmentinfluencemanagement accounting practices, which leads to intense challenges faced by managementaccountants nowadays.

  1. DiscussTWO(2)factorsthatleadtotheintensechallengesfacedbymanagementaccountants.

(10marks)

2.ExplainTHREE(3)strategicmanagementtechniquesthatavailabletomanagementaccountants.

(10marks)

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