The Seven Major Trends in
Management Accounting
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.