QUESTION ONE a) Today's management accounting information, driven by the procedures and cycles of the organisation's financial reporting system, is too late, too aggregated and too distorted to be relevant for manager's planning and control decisions." Kaplan & Johnson (1987, p. 1) Critically discuss the above statement with emphasis on the historical development of strategic management accounting. (30 marks) b) Drawing from Byrne and Pierce (2007), critically evaluate the changing role of management accountants in business organizations. Byrne, S., & Pierce, B. (2007). Towards a more comprehensive understanding of the roles of management accountants. European Accounting Review, 16(3), 469-498. (20 marks) [TOTAL: 50 MARKS] QUESTION ONE a) Today's management accounting information, driven by the procedures and cycles of the organisation's financial reporting system, is too late, too aggregated and too distorted to be relevant for manager's planning and control decisions." Kaplan & Johnson (1987, p. 1) Critically discuss the above statement with emphasis on the historical development of strategic management accounting. (30 marks) b) Drawing from Byrne and Pierce (2007), critically evaluate the changing role of management accountants in business organizations. Byrne, S., & Pierce, B. (2007). Towards a more comprehensive understanding of the roles of management accountants. European Accounting Review, 16(3), 469-498. (20 marks) [TOTAL: 50 MARKS]