In the context of the above statements, present a critical analysis of management accounting continuity and change as evidenced in tech companies* of the fourth industrial revolution.
Discipline: Accounting
Type of service: Assessment
Spacing: Single spacing
Paper format: Harvard
Number of pages: 3 pages
Number of sources: 12 sources
Paper details
Statement 1 ‘Right now, we’re witnessing a fourth [industrial] revolution, as our physical and virtual worlds converge.’ Bhimani, A. (2017) Financial Management for Technology Start-ups, p.1.
Statement 2 ‘To launch and grow a tech business*, you need an agile understanding of how it’s going to create value, and the steps you need to take to monetize that value.’ Bhimani, A. (2017) Financial Management for Technology Start-ups, Preface.
Statement 3 ‘techniques and strategies in management accounting must . . . keep pace with [the] changing perceptions of managers [regarding] the type of information they require.’ Bhimani, A., Horngren, C.T., Datar, S.M. and Rajan, M. (2015) Management and Cost Accounting, Sixth Edition, p. 713.
Required: In the context of the above statements, present a critical analysis of management accounting continuity and change as evidenced in tech companies* of the fourth industrial revolution.