



Students should aim to understand the organization’s business issues that created a need for implementing such concepts as activity-based costing and the balanced scorecard. Management accounting should not be primarily concerned with making computations. Focusing on problem-solving skills and the organizational context of decisions will serve current and future students well in responding to employers’ expectations. An increasing number of employers ask that business school graduates seek out ways to add value to organizations, not just work competently on projects that superiors assign to them. We remain convinced that our primary job as educators is to teach problem-solving skills as well as the organizational (and social) context in which students will, as managers, conduct economic activities. In subsequent practice the students will have forgotten your particular details but they will remember by an unconscious common sense how to apply principles to immediate circumstances.Īlfred North Whitehead The Aims of Education and Other Essays The really useful training yields a comprehension of a few general principles with a thorough grounding in the way they apply to a variety of concrete details. Whatever be the detail with which you cram your students, the chance of their meeting in after-life exactly that detail is infinitesimal and if they do meet it, they will probably have forgotten what you taught them about it. For ALLIE, BAILLIE, CHARLIE, CONMAN, GRETA, ISABELLA, AND LILY AND KATHY
