Does financial accounting dominate management accounting

What is it about?

Based on research of UK companies the paper disputes the claim that financial accounting has dominated and stymied the development of management accounting. In the firms studied managers found the different needs and requirements of both sets of accounts were easily manageable in computerised systems.

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Why is it important?

The paper questions a fundamental claim of Kaplan and Johnson in Relevance Lost that financial accounting has dominated management accounting thereby diminishing management accounting innovations.