Management accounting, like many other fields, is being impacted by a large number of disruptive new technologies, including artificial intelligence (AI), blockchain, cognitive computing, and machine learning. To keep pace with the changing business environment and advancements in technology, we’ve enhanced the IMA Management Accounting Competency Framework. The Framework identifies six domains of core skills that finance and accounting professionals need to remain relevant in the digital age and perform their current and future roles effectively.
IMA has analyzed the emerging competencies needed by management accountants–including strategic management, data analytics, data governance, data visualization, and more–to update our comprehensive Framework.View the Framework
In this paper, Raef Lawson, Ph.D., CMA, CSCA, CPA, CFA, IMA vice president of research & policy and professor-in-residence, explores how the management accountant’s skill set will need to evolve and how you can prepare for the future.
This report, drafted in partnership with ACCA (Association of Chartered Certified Accountants), makes predictions, and hopes to stimulate discussion, about a broad range of emerging and converging technologies and their potential to influence the accountancy profession.