FACULTY PROGRAM COURSE: COURSE CODE

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FACULTY OF ACCOUNTANCY MASTER OF ACCOUNTANCY MANAGEMENT CONTROL AND DECISION MAKING MAC 700

ESSAY WRITING (Individual) Articles Review Management accounting systems have long been recognized as an integral part of the information system and one of the most important sources of information in an organization (Hopwood, 1972). They provide information that is used for organizations various internal purposes, from decision making to a means for organizational learning (Coad, 1996). Nevertheless, its ability to successfully fulfill contemporary information requirements has been questioned (Hiromoto, 1988; Johnson and Kaplan, 1987; Kaplan, 1984). It is claimed that traditional management accounting information had failed to provide the information requirement for organisations strategic purposes (Bromwich and Bhimani, 1989; Johnson and Kaplan, 1987; Roslender and Hart, 2003). As such, in the early eighties, Simmonds (1981) has introduced the term Strategic Management Accounting (SMA) into management accounting literature to overcome the relevant lost of traditional management accounting. Instruction: You are required to write a literature review (articles review) on the development of SMA, starting from the work of Simmonds (1981) to the latest study on SMA. TOTAL 10 Marks