Management accounting is increasingly becoming a critical decision-making process in organizations across the world. In this task,
Question:
Management accounting is increasingly becoming a critical decision-making process in organizations across the world. In this task, you are to evaluate the future of management accounting work in organisations. Required: Identify several relevant published articles, and three (3) carefully selected recent management accounting job advertisements (Articles to be published from 2000 – current in any country, and jobs advertised only in Australia between 2021 to recently), and use them to answer the questions below:
a) How does management accounting impact organisations? Include examples from the literature to support your answer.
b) Describe any two (2) significant developments that have influenced the focus of management accounting work in organisations today. Include examples from the literature to support your answer.
c) i) Based on your three (3) carefully selected job advertisements, evaluate the skills-set required of management accountants in Australian organisations today. ii) In your opinion, do they reflect the demands by today’s organisations, as discussed in your answer to (b)? Explain.
d) Based on your findings, provide two (2) recommendations that would inform Australian organisations about the changing roles of today’s management accountants. () You should access published articles online, from business, accounting or trade magazines, newspapers, relevant business and accounting websites or relevant academic journals.
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins