Management Accounting in the Dgtl Economy

There is mounting evidence that the deployment of dgtl technologies by enterprises affects not just their functioning in economic terms, but also mobilizes broader social, institutional, and organizational effects. At a technical level, digitization directly influences organizational processes. Notions of its potential also define managerial pursuits and the search for enhanced organizational performance. Inevitably, digitizatoin impacts the form, substance and provenance of internal accounting information with attendant consequences on the behaviour and actions of decision makers. Knowledge about the influence of dgtl technologies on management accounting thinking processes and practices is starting to emerge. A variety of issues relating to pricing strategies, cost management and control mechanisms are evident. But the implications for the field are far wider. Aspects of trust, organizational power, cultural shifts, strategization, convergence of product and information elements, and newly perceived contingencies between information dimensions and contextual factors are altering management accounting systems, structures, thinking, and practices. This book explores these and other issues along different planes of reference. The first part of the book consists of chapters that discuss accounting and management control systems and wider structural shifts connected with the advent of dgtl technologies. In the second section, the contributors analyse organizationally focused shifts occurring concomitantly alongside dgtl transformations in the economy. The final part of the book comprises chapters that consider avenues of accounting transformation that may be pursued in specific contexts both in terms of practice and as concepts that afford insights into possible management accounting futures. Broadly, the fourteen chapters of this book bring together practical commentaries, conceptual frameworks, and theoretical argumentation and explore wider narratives regarding the interface between management accounting and the dgtl economy. Management Accounting in the Dgtl Economy will be of interest to scholars, advanced students, and practitioners concerned with the management accounting and control implications of the growing ubiquity of dgtl technologies across organizational spaces and economic platforms.

About the Author

Alnoor Bhimani is Reader in Accounting and Finance at the London School of Economics. He has published a number of works on management accounting, including Management Accounting: Pathways to Progress (CIMA 1994), Management Accounting: European Perspectives (OUP, 1996), and Management and Cost Accounting (Pearson, 2002).