Managerial accounting is no longer a traditional bean counting, but now has to become a hybrid accountant
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Question:
Managerial accounting is no longer a traditional ‘bean counting’, but now has to become a ‘hybrid accountant’ within an organization. They are now facing intense challenges and are expected to adapt with rapid changes in business environment. Companies demand for more proactive management accountants, who are now expecting to become part of management and ready to accept challenges ahead.
What are the challenges in managerial accounting?
Expert Answer:
Management accounting challenges usually involve collecting recording and reporting financial inform... View the full answer
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