The Management Accountant - August 2024

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AUGUST 2024

INSIDE

JUNE VOL 56 NO.06 `100

AUGUST VOL 59 NO.08 `100

COVER STORY

REAL TIME FINANCIAL SYSTEMS

(RTFS) TRANSFORM ‘INFORMATION’

THROUGH ‘INSIGHT’ TO

‘INFLUENCE’ ---- 22

GLOBAL ECONOMIC SLOWDOWN – CHALLENGES FOR THE

MANAGEMENT ACCOUNTANTS ---- 27

M-SCORE – A TOOL TO UNCOVER FINANCIAL MISREPORTING ---- 30

AUTOMATION AND AI ADOPTION – CATALYST TO COMPLEMENT

MANAGEMENT ACCOUNTING PRINCIPLES ---- 34

MANAGEMENT ACCOUNTING AND BUSINESS MODEL -

AN INTERTWINED RELATIONSHIP ---- 38

ROLE OF MANAGEMENT ACCOUNTING IN

RAISING ESG INTEGRATION ---- 42

RELATIONSHIP BETWEEN MANAGEMENT ACCOUNTING AND

BUSINESS MODEL ---- 48

BUSINESS MODELS AND COST MANAGEMENT IN

GROWING CROPS ---- 50

FROM COST CUTTERS TO STRATEGIC PARTNERS:

HOW AUTOMATION AND AI ARE EMPOWERING MANAGEMENT

ACCOUNTANTS ---- 56

MANAGEMENT ACCOUNTING TOOLS – AN IMPERATIVE TO

PROMOTE ORGANIZATIONAL VISION AND STRATEGY ---- 61

MANAGEMENT ACCOUNTANTS – AN APPROACH TO DIVERSITY –

TRANSFORM INFORMATION THROUGH

‘INSIGHT’ TO ‘INFLUENCE’ ---- 65

IMPACT OF NATIONAL EDUCATION POLICY (NEP) 2020 ON

MANAGEMENT EDUCATION ---- 69

4 The Management Accountant - August 2024

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