Cost Accounting: Introduction and Terminology, accounting homework help
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Over the last 30 years, management
accountants have made the transition from a “bean counter” to a
“strategic partner.” The advent of technology has facilitated automation
and record keeping. As such, the management accountant has been free to
develop customized internal reporting which highlight internal
strengths, weaknesses, and opportunities for improvement. The recent
financial crisis has heightened the need for management accounting
expertise, especially for firms which need to downsize operations.
For this discussion:
- Using the article “Top 7 Trends in
Management Accounting,” indicate which trend you believe will be most
important to practitioners over the next decade, while our fledgling
economic recovery is still tenuous. - Support your position by referencing the original article.
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