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Read these two attached articles recently published in Accounting Today : Accountants can help companies set strategy to deal with coronavirus https://www.accountingtoday.com/news/accountants-can-help-companies-set-strategy-to-deal-with-coronavirus Management accountants are
- Read these two attached articles recently published inAccounting Today:
- Accountants can help companies set strategy to deal with coronavirus
https://www.accountingtoday.com/news/accountants-can-help-companies-set-strategy-to-deal-with-coronavirus
- Management accountants are creating value out of uncertainty
https://www.accountingtoday.com/opinion/management-accountants-are-creating-value-out-of-uncertainty
- Optional: You are welcome to find additional articles as well.
- Based on your reading, write a brief 1-2 page summary and discussion including the following:
- Describe effects the coronavirus has had on companies.
- How can management accounting assist with some of these effects? What are some strategies that are suggested in the articles and what is the management accountant's role in applying these strategies?
- If you are currently working at a company and have observed the accounting staff acting to address COVID issues, include a discussion of the actions they are taking.
- Do you think management accountants will have a smaller or greater role in the future? Why?
- How will management accounting change in the future?
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