Read the following article: Scapens, R.W. (2006) ‘Understanding management accounting practices: a personal journey’, The British Accounting Review, 38 (1), pp. 1–30, Elsevier SD Freedom Collection [Online]. DOI: 10.1016/j.bar.2005.10.002.
After reading the article, complete the following:
Identify and analyze the achievements of the Burns and Scapens framework for studying management accounting change and also describe some of its limitations and extensions. What are some of the processes that are shaping management accounting practices? What challenges to management accounting practices are likely to be encountered in the future?
The question belongs to Finance and it discusses about reviewing a scholarly article. The article is Scapens R W’s 2006 article “Understanding management accounting practices: a personal journey”. The review includes both the advantages and disadvantages of management accounting practices and the likely challenges that will be encountered.
Total Word Count 852