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TQM, JIT & Traditional Management Accounting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › TQM, JIT & Traditional Management Accounting

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  • November 1, 2014 at 6:24 pm #207119
    elsie2009
    Member
    • Topics: 34
    • Replies: 61
    • ☆☆

    Hi

    What are the usefulness of traditional management accounting systems? How would these link with current systems such as TQM or JIT?

    November 1, 2014 at 9:44 pm #207141
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10604
    • ☆☆☆☆☆

    Traditional MAS tend to look backwards.

    TQM = trying to improve constantly
    JIT = just a way of manageing inventory more efficiently.

    I’m not sure there’s a specific link worth looking for.

    November 1, 2014 at 10:36 pm #207146
    elsie2009
    Member
    • Topics: 34
    • Replies: 61
    • ☆☆

    Thanks for taking time to answer this evening.

    Much appreciated.

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