The aspects of the management accounting problems are analyzed for assisting the directors of Talison Lithium for focusing on the operations of company. The issues of management accounting help management of organization for using the provisions of information of accounting. It helps in better informing themselves prior to decide the matters that are within the organization and aiding towards performance and management of functions of control. The analysts of the industry has called for the calm as there has been series of the delays, layoffs and false starts that looks set for destabilizing the rapidly growing multi-billion dollar industry of lithium.