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Complete

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Digitization and the increased available data volumes are triggering a fundamental change in Management Accountants' (MAs) scope of tasks and activities. In particular, the current technological developments, including analytics or automation tools, are eliminating standard tasks and processes. This article examines the shift in the job description of a MA regarding changes in technologies, methods, and tools in times of digitization. The results of an analysis of job advertisements provide an overview of the development of tasks, trends and technologies for Management Accountants (MA) in Germany. Our results highlight an increasing demand for Machine Learning, Predictive Analytics and Robotic Process Automation backgrounds, suggesting a shift of the MAs role towards a business partner role with minimization of repetitive tasks.

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1798

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Aug 10th, 12:00 AM

Effect of digitization on management accountants´ tasks and tools

Digitization and the increased available data volumes are triggering a fundamental change in Management Accountants' (MAs) scope of tasks and activities. In particular, the current technological developments, including analytics or automation tools, are eliminating standard tasks and processes. This article examines the shift in the job description of a MA regarding changes in technologies, methods, and tools in times of digitization. The results of an analysis of job advertisements provide an overview of the development of tasks, trends and technologies for Management Accountants (MA) in Germany. Our results highlight an increasing demand for Machine Learning, Predictive Analytics and Robotic Process Automation backgrounds, suggesting a shift of the MAs role towards a business partner role with minimization of repetitive tasks.

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