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Unit - Advanced management accounting
LO4 Evaluate how a changing business environment impacts on management accounting
Analyzing changes to a business environment:
Internal and external analysis techniques. Comparing the outcomes of analysis to inform decisions and to evaluate possible implications for management accounting.
Impact of the business environment on management accounting systems:
Using technology to enhance and support processes and procedures. The role of improved communication within a system to expedite decision-making.
Impact of change on management accounting systems:
Determining the impact of different types of change. Deciding how to respond to different types of change. Ensuring effective communication and acceptance of the change.
Question:
D3 Critically evaluate the impact of changes, and support justified recommendations for future communication and acceptance of change.
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