Compared to conventional management accounting literature, ‘alternative management accounting research’ (Baxter and Chua, 2003) draws our attention to some alternative perspectives on the nature, significance and limitations of management accounting & control. Based on what you read in your module, the academic literature, and news media about the role of management accounting & management control in contemporary organizations and society, to what extent, do you agree with their analysis? In what ways, does the contemporary organizational and social realities confirm, refute, or add to their analysis?

• Introduction (100-200 words) – i.e., what is the key focus/argument of your essay?
• Analysis (1,000-1,100 words) – i.e., ideas and elaboration with appropriate sub-headings, incorporating examples from contemporary corporate and social realities and narratives.
• Conclusion (100-200 words) – i.e., overall reflection on the topic and concluding argument.
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The detailed answer for the above question is provided below Introduction The role of management accounting and management control in contemporary organizations and society has come under increasing s... View the full answer