Developments in Global Management Accounting- Research Practice Gap and Directions for Future Research

Abstract

The accounting environment has changed dramatically over the past decade. Chief financial officers {CFOs} are suggesting that the management account ant should as pire to move from "counter of wealth" to "creator of wealth and influ encer of strategy." We have become less transaction focused and more directed toward decision support and performance management activities. With CFOs continually looking for greater efficiencies and ways to add value to the business, it is important that Management Accountant embrace digitisation and look for ways to further develop their own skill set to accommodate the change.