Question: Management accounting needs to be understood not only as a managerial tool but also as a socio-political phenomenon evolving with the changing political-economic context (Alawattage

Management accounting needs to be understood not only as a managerial tool but also as a socio-political phenomenon evolving with the changing political-economic context” (Alawattage & Wickramasinghe, 2018, p. 20). Critically discuss this statement with a view to the liberal origins and neoliberal transformation of management accounting. Alawattage, C., & Wickramasinghe, D. (2018). Strategizing Management Accounting: Liberal Origins and Neoliberal Trends.

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