New Competencies for Management Accountants

Raef Lawson, PhD, CMA, CSCA, CPA, CFA, CAE

Management accounting, like many fields, is being disrupted by new technologies, including big data, predictive analytics, artificial intelligence, blockchain, machine learning, and robotics process automation. Established accounting and finance professionals wondering whether they have the critical knowledge and abilities to advance their careers in this new practice environment, new professionals seeking information about the core technical and soft skills they need to tackle their current roles, and accounting students contemplating a career in finance and accounting can all benefit from using the Institute of Management Accountants's (IMA) newly updated Management Accounting Competency Framework to help identify today's essential skills.