This report discusses the different types of management accounting methods and techniques, their relevance to contemporary organizations, and their outcomes for management accountants in Australian companies. It includes a case study of a modern management accounting system implemented by various manufacturing corporations in the country. The report identifies three specific examples of different types of management accounting methods and techniques from the case, compares and contrasts the findings with another journal article, and draws conclusions about the relevance of MAS in today's competitive and uncertain business environment.