The changing role of management accounting
Posted by Professor Alnoor Bhimani and Professor Michael Bromwich in In business on Wed, 01/07/2009 - 14:54
- Management accountants will have to adapt to the changing business landscape.
- Flexible technologies have created a whole new form of business enterprise.
- Companies are seeing the value of having greater versatility in future.
- Management accountants will want to become part of management and operational teams.
Business models are changing in a way that will fundamentally alter the role of management accountants in future, according to Professors Alnoor Bhimani and Michael Bromwich.
There are key challenges facing businesses in the 21st century and management accountants will have to adapt to the changing commercial landscape. The future of business can be summed up in two words - fluid and flexible.
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