The seven major trends in management accounting are:
1. Expansion from product to channel and customer profitability analysis,
2. Management accounting’s expanding role with enterprise performance management (EPM),
3. The shift to predictive accounting,
4. Business analytics embedded in EPM methods,
5. Coexisting and improved management accounting methods,
6. Managing information technology and shared services as a business, and
7. The need for better skills and competency with behavioral cost management.