"During the past decade many organization in both the manufacturing and services sectors have faced dramatic changes in their business environment." 1 These changes are having significant influence on management accounting system. Globalization is the main reason for the keen competition. The successful companies not only compete against domestic competitors, but also the companies over the world. World Trade Organization (WTO) provide more business opportunities, however, at the same time, it brings more global competitors into …showed first 75 words of 1711 total…

…showed last 75 words of 1711 total…Eddie McLaney, 2nd edition,(Page 101-102) Reference: Colin Drury, Management and Cost Accounting, 5th Edition, Thomson Learning Colin Drury, Management Accounting for Business Decision, 1st Edition 1997, International Thomson Business Press ICSA Practice & Revision Kit, Management Accounting, BPP Publishing www.FinancialManagementDevelopment.com, Standard Cost, © David A Palmer 2000 Peter Atrill & Eddie Mclaney Management Accounting for Non-specialists 2nd Edition, Prentice Hall, Europe , ch 5, 6, 7 William F. Christopher, New Management Accounting, Crisp Publication, 1998