HI5017: Management Accounting Case Studies and Decision-Making

This report critically analyzes the practical application of management accounting systems (MAS) in contemporary companies, focusing on their role in decision-making and the achievement of business goals. The analysis is based on two case studies. The first case study evaluates the implementation of an innovative MAS in a multinational production company, while the second explores MAS changes in Malaysian manufacturing firms. The report examines various management accounting methodologies and techniques, including Total Quality Management (TQM), Balanced Scorecard (BSC), Just In Time (JIT), and Activity-Based Costing (ABC). The findings highlight the relevance of MAS in supporting operational and strategic tasks across different organizational levels. The report emphasizes how different levels of management utilize MAS to perform their roles efficiently, particularly in areas such as setting key performance indicators (KPIs) for production and decision-making. The study underscores the importance of MAS in providing proprietary information for internal decision-making and enhancing organizational performance.