Management Accounting Education: A Defense of Criticisms.

This article examines the validity of the criticisms leveled at management accounting education in the U.S. Identifies the use of direct labor as an allocation base to the exclusion of other potential bases. Argues that excessive management time spent in reducing direct labor costs and hours. The difficulty of analyzing and controlling indirect overhead costs with typical variance analysis procedures. The management incentive plans in shifting management's focus to a longer-term decision models.