How has the environment of management accounting changed over the past years?

In: Small Business and Entrepreneurship

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Management Accounting Changes

According to the London School of Economics (Alnoor Bhimani):

Over the past decade, management accounting has seen changes not just within existing domains of the field but has also witnessed extensions outside its established realms of activity. Wider systemic transformations including changes in political regimes, novel conceptions of management controls, the impact of globalizing forces on commercial affairs, shifts in notions of effective knowledge management, governance and ethics and technological advances, including the rise of broadband, have all impacted management accounting endeavors. The field is as fast changing as it has ever been.

First answer by Crystal. Last edit by Crystal. Contributor trust: 1456 [recommend contributor]. Question popularity: 81 [recommend question]

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