Question
The business world is changing rapidly. New business forms can be seen in organisations such as Airbnb and Uber. Indeed, referring to uberisation of business,
The business world is changing rapidly. New business forms can be seen in organisations such as Airbnb and Uber. Indeed, referring to "uberisation" of business, [Rice and Martin, 2015] in a recent article (see: http://theconversation.com/what-if-your-managers-work-could-be-replaced-with-an-algorithm-42687) highlights the role of managers in such changing organizational structure. Clearly, if the role of managers is changing, then must be the role of management accounting too.
Please Critically discuss the following two questions with full explantion,
How changing business forms have changed the roles and duties of the management account?
How management accounting can contribute, both in financial and non-financial aspects, toward the success of modern organizations?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started