Lawson (2021) prepared a study on the impacts of covid on the finance and accounting industry through the IMA. Impacts to finance directly impact how a business achieves or misses goals. In most cases, adjustments to strategic goals must be made to reflect current operations. Discussion Questions: I would like you to reflect on the industry you are in or hope to join and the impact to finance the pandemic has produced. How would you approach explaining to the board of directors the needed changes in the strategic management accounting plan. Use the provided material and add two additional references to support a clear and informative delivery addressed to your board. This can be in a memo format. You will provide a few industry facts, but remember, be as concise as possible to keep it to 300 words. In many cases, this will reflect the amount of space you have to explain clearly and quickly to others the need for a review, evaluation, or project pitch for goals.

Answer rating: 100% (QA)

Your Company Name Date MEMO To Board of Directors From Your Name Your Position Subject Impact of COVID19 on Strategic Management Accounting Plan As we ... View the full answer