Reference no: EM132906189

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.