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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 question with full explantion, in detail, with more description, with accounting history analysis and connect to the current accounting enviroment.
How changing business forms have changed the roles and duties of the management account?
Expert Answer
business world is changing and the way of conducting work is also changing.As there are various traditional management tools which are still being used.As technology is changing so as the way of doing work is also changing.
traditional all planing ,organizing,controlling,and decision making was conducted mannually but now with emergence of technology there are various software for conducting activity.
with this resospisibility of management has increased as for the security of information .
data stored on computer can be hacked by hacker .so proper securitieshave to be applies
proper backup of database need to be maintained,if any distruction happenes we can retrieve the data easily.
authantication of data is required .Only authanticate person ca have access to data
human is also importantant aspect of the organisation,now a days employes are highly ambitious.They want incentives as amotivational factor and organisation need to motivale the employees for competiting in this industry.
customer dealing has been changed over the period of time so, management has to satisfy the customer..look for there problems and respond to there problem as sson as possible.
therefore duties and role of management has changed over a period of time.
