(Doc) Assignment on Managerial Accounting 2022

Trimester: T2 2019
Unit Code: HI 5017
Unit Title: Managerial Accounting
Submitted By:
Name:_________________________
Student No.___________________________

SUMMARY
This paper makes an attempt to understand how Multinational Corporation worldwide
takes efforts to implement the concepts of Management Accounting systems at their
organizations. We also seek to assess how relevant are the concepts and techniques of
Management Accounting System in todays globalized world and how the management at
all organization level uses the reports and utilities of Management Accounting system to
their use (Watts, Yapa and Dellaportas, 2014). The concepts of Management Accountancy
Systems are used by management at all levels in their operational, tactical and strategical
decision.
The overall purpose is to examine the relevance of implementing the modern and new
technologies and concepts of Management Accounting System in large multinational firms
across the globe by understanding the importance of the various functionalities of MAS at
all levels in the business (Watts, Yapa and Dellaportas, 2014). In this Report, the
relevance of a modern Management Accounting system will be examined from two
dimensions by comparing two different organizations:
1. To understand how the functionality and features of the modern MAS is aligned to
the needs of the MNC today, and
2. The use of MAS in the decision making function of the management at all levels in
the business.

Table of Contents
Topics Page No.
Introduction 4
Ans to Que 1: Types of management accounting
methods 4
Ans to Que 2: Relevance of MAS in Contemporary
Organization 5-6
Ans to Que 3: Relevance of MAS in today’s
competitive& uncertain business environment 6-7
Ans to que 4: Specific outcomes or lessons from
each of two case studies 7-8
Conclusion 8
References 9