Create a thesis and an outline on The Designation of Management Accountant.
I need help creating a thesis and an outline on The Designation of Management Accountant. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. The comparison is between the changing portfolios and not the changing designations of management accountants. The unpredictable growth, both in the fields of management techniques as well as the magnitude of the business, has basically caused further subdivisions in management accountants’ responsibilities. The responsibilities of each segment of management accounting were earlier managed under one designation titled ‘management accountant’. but now with subdivisions of management accounting into various segments, different segments have come to be known or designated under the title that represents their job description. That does not mean the status of ‘management accountant’ has been marginalized or is disappearing. In fact, hitherto clubbed responsibilities under one designation are now being shared under different jobs designated as per their portfolios and job descriptions. With this background let us examine the issue ‘whether internationally the title ‘Management Accountant’ is disappearing from industry.
Recent technological innovations and developments have made ‘management accountancy’ so important that almost each and every section of business activity needs to be served by the expertise of a management accountancy expert in one way or the other. Jack Cooper, in an article’ What Executives Really think of MBAs’ by Geoffrey James in online Magazine BNET, was quoted as saying, “MBAs are marvelous to an IT organization. They generally have the right business demeanor, as well as knowledge of economics, finance, and accounting, as well as some theoretical understanding of how to manage people.” (Jack Cooper, CIO Bristol Myers).
It appears that the domain of ‘management accountancy’ has been so enlarged and enhanced that further branches and subdivisions are required to meet and serve the ever-growing needs of the fast-changing business arena.