FACTORS THAT INFLUENCED THE CHANGE IN MANAGEMENT ACCOUNTING  part 4 1000w

 service role and only few called themselves as the bookkeeper and preferred the management accounting tasks to be centralized. Grnalund and Lukka (1998) presented the transformation from bean counter to business-orientated management accountant position. The transformation occurred with the increasing decentralization of the management accounting function. They concluded that those two roles are very different and a person cannot act in both roles. Some evidence emerging in the literature that transformation of management accountants to business partner started at the top by the business and profit center managers became more depended on accountants. Managers used their help as the guidance to run their business (Siegel, 2003) and they expect from accountants a better business understanding and more flexibility (Pierce and O’Dea, 2003).

Burns and Baldvinsdottir (2005) concluded that it is necessary for management accountants to have a broad range of business skills with their basic technical skills.

4.3 Professional skills of management accountant ( subheading needed)

As processes have changed and accounting has adapted over time to meet the needs of ever