Management Accounting—A Rising Star in the Curriculum for a Globally Integrated, Technology-Driven Business Age

Abstract

Extraordinary technological advances are one of many factors that have altered the topography of the accounting profession and the role of accountants. Management accountants, as strategic partners in decision making, have never been more important in this changing landscape. We argue that the recently introduced CPA Evolution Model Curriculum leaves a serious gap in the accounting curriculum by focusing on entry-level accountants in public practice. In this paper, we explain how management accounting can be a rising star in the accounting curriculum, show why there is a need for it, and recommend a three-course model based on the Institute of Management Accountants Management Accounting Competency Framework. This paper is an appeal to all educational institutions to include the necessary courses in management accounting with an equal sense of urgency as data analytics, technology, and public accounting needs.

Department(s)

Pendleton Family School of Accountancy

Document Type

Article

DOI

10.2308/ISSUES-2021-058

Keywords

CPA Evolution Model Curriculum, IMA management accounting competency framework, Management accounting courses

Publication Date

11-1-2023

Journal Title

Issues in Accounting Education

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