A couple of months back, Management Accountant Blog posted a guest post by CMA V R Kedia on "Emerging Role of Management Accountants in New Economy" . The role as described by CMA Kedia expected the management accounting practitioner should have attributes of a learning professional, a change agent and be hands on latest technology. Management Accounting techniques has undergone a lot of development from preparing Cost-Volume-Profit Analysis to latest techniques like EVA, Activity Based Management, Target Costing, Kaisen and many more. The expectation from management accountant has been changing consistently with the advancement of technology and new challenges faced to analyse business for its competitiveness. I wondered Management Accounting is a specialized field ..... is it necessary to have an accounting background ? According to New Accountant USA, "According to a study commissioned by the American Institute of Certified Public Accountants (AICPA), the ave
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