The eminence of the 4th industrial revolution: how it transformed management accountants

DOI

10.2991/insyma-19.2019.48How to use a DOI?

Keywords

management accountant, knowledge, skills

Abstract

The awakening of modern technologies in the era of this 4th Industrial Revolution (4IR) has tremendously affected the whole landscape around the globe including the business sector. To be aligned with the technological advancements, management accountants have to keep proactive and prepare for any unexpected changes to ensure that their business remains lucrative and stays relevant in the industry. Nonetheless, the changing role of the management accountant due to the presence of 4IR is imminent. As a result, this paper deliberates on how the 4IR changes the role of management accountants, including what knowledge and skills are crucial for them to grasp in order to adapt adequately in this 4IR era. In addition, this paper also reviews the challenges that they have to face. The study can be of prime importance to business firms in identifying the role of the management accountant in this 4IR era and to prepare for the ubiquitous challenges that may perturb their efficacies.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Siti Zaleha Abdul Rasid
AU  - Sarah Athirah Saruchi
AU  - Rina Salwani Mohd Tamin
PY  - 2019/03
DA  - 2019/03
TI  - The eminence of the 4th industrial revolution: how it transformed management accountants
BT  - Proceedings of the 16th International Symposium on Management (INSYMA 2019)
PB  - Atlantis Press
SP  - 186
EP  - 189
SN  - 2352-5398
UR  - https://doi.org/10.2991/insyma-19.2019.48
DO  - 10.2991/insyma-19.2019.48
ID  - Rasid2019/03
ER  -