today, i just write a paper, titled: traditional costing system and new techniques in management accounting

facing global competition, growth of service industry, advanced in digital technologies and manufacturing technologies, it seems that traditional costing system, like budgeting, product-based costing, outdated??? or not... it remains an open debate,


on one hand, traditional costing model is simple and remain strong in practices. But, it remains at a nation state level, applying for domestics, rather international.


on the other hand, new techniques, such as total quality cost management, activity-based costing, balanced scorecard, targeting cost in japanese companies, and customer profitability analysis, flourised and widely employed by accoutants.


subsequently, what is true??? to use traditional or use new techniques, it requires further investigations. some references are quoted to discuss this topic, and so how do you think???


Your opinions are valuable... always