Building on a prior post, or perhaps getting more at the core, what would you say constitutes our discipline? Many times recently I've hand conversations where we've generally come to consensus that one of the challenges management accounting/cost accounting/corporate finance face is that we too often look at the discipline as a set of tools without an over-arching vision. So, taking this from both angles, what "tools" make up our kit? What should our over-arching vision be? How does the PA Framework fit within the broader vision?
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Let me clarify some points in your question.
It seemed to me from the context that you are ready to equate the areas of management accounting and corporate finance.
Yes, at first glance, both disciplines consider issues of rational management decision-making.
But still, it seems to me that they focus on different types of management decisions.
Corporate finance focuses on long-term management decisions, namely investment and financial management decisions, while management accounting mainly focuses on short-term management decisions, namely operational management decisions and operational efficiency.
I think this is the dilemma.