Finance Ten Commandments Article Review

10. Thou shalt wait for a new tax law or bankruptcy to implement a new cost accounting system. "The point is: how long will accountants continue to blindly follow these 10 costing commandments simply because that is the way they have always done things? At what point will they stop and reconsider the value their work brings to the business? When will accounting be brought in line with the business? Will it take some major catastrophe before they realize they need a new accounting system that has understanding at its core?" Finance need to active in decision-making. …