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QUESTION THREE The Management Accountants are no longer just number-crunchers; they have moved across performance. They are now information facilitators, rather than just information providers

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QUESTION THREE The Management Accountants are no longer just number-crunchers; they have moved across performance. They are now information facilitators, rather than just information providers a functional lines in the pursuit of relevance and value. They are more than just a scorekeeper of past facilitate management actions, instead of just evaluating and controlling" Accountants bring unique skills to the business adviser role, as they are traditional information providers, competent in understanding financial information mechanisms and perceived to bring an independent, objective and credible approach. To maintain this advisory position, accountants must provide a value-added service in areas such as strategic business planning, customer profitability management, revenue generation strategies, cost , disciplined in the use of control management, information management, competitive intelligence, forecasting decision analysis, productivity improvements and cash flow maximization" You are required to write a report to the management on "role of the management accountants in modern organization". Your report may include following areas. - Traditional skills required: Technical skills, Analytical skills, and Interpersonal skills. - Contemporary tools and techniques of Management 2 2 8 (Total 25 Marks) Accountants. - Key challenges faced by Management Accountants

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