Cost Management: A Strategic Emphasis 5th Edition by David Stout, Edward Blocher, Gary Cokins

Exercise 15

Why do you think it is important for a management accountant to be able to complete an evaluation of the firm separate from an evaluation of individual managers?

Step 1 of 5

Firm’s development is not in the hands of one people rather it is collective efforts made by all the person which is involved in the strategic planning, management accountant, board of director, current market analyst, and many more. Out of which individual manger is work and control in their own way but the management accountant is work differently from the individual mangers on the ground that as a professional they make plans for the future and also for the long term benefit to the firm.