One of the challenges of management accounting is to help managers to optimise both the immediate and distant future of their organisations. In particular, management accounting should help individual managers consider both the immediate and delayed outcomes of their decisions.
In practice, managers often behave myopically when they are overly concerned with short-term results, while neglecting the long-term - which is important.
Management accounting systems should be designed to curb this inclination, but are often unsuccessful and may even encourage