The changing roll of the management accountant and management accounting information

The roll of management accountant has changed considerably over the last few decades from being primarily a number crunching function, recording and reporting on a diverse range of aspects of a companys current financial health status, to a much more valuable broader strategic roll, vitally important in planning and decision making.

Requirement

Discuss this statement with reference to the changing business environment that has led to substantial changes in how management accounting operates and outline what you have found to be the current roll that the management accountant is required to perform in a large organization.