In this task, you are to reflect upon the forces and changes impacting upon contemporary businesses across Australia and the Asia-Pacific, with a view to considering the changing profile of management accounting work and the accompanying changing roles of management accountants.

Required:

Identify one recent article on the forces and changes impacting upon contemporary businesses. (Selected news articles to be published from 2018 current), and answer the questions below:

a) Briefly summarise what changes are discussed in the article that are affecting contemporary businesses? (4 marks) b) Explain how the changes mentioned in your article may impact on the management accountants roles in organisations? Include real-life examples from the literature to support your answer.

(4 marks) c) Discuss the implications of the above changes on the skills-set required of management accountants today. (2 marks) d) Based on your findings, provide two (2) recommendations that would inform contemporary organisations about the changing roles of todays management accountants. (2 marks)

You should access published articles online, from business, accounting or trade magazines, newspapers, or relevant academic journals (see pg. 4 for ProQuest links to relevant accounting journals). The chosen articles must be referenced using the Adapted Harvard Referencing style, with the hyperlink of the article added in the reference list.

Search and read several articles before you select the ONE article you will use for this assignment.