Understanding the Changing Role of the Management Accountant in the Age of Industry 4.0 in Germany

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2019-01-08
Authors
Wadan, Rafi
Teuteberg, Frank
Bensberg, Frank
Buscher, Gandalf
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Currently, business processes are undergoing a transformation through digitalization. In the course of this development, “Industry 4.0” also has an impact on management accounting and IT systems. By promising technical development and improvement of management accounting processes, the conventional roles are challenged and the introduction of new occupational fields is prognosticated. However, in theory and practice, the impact of industry 4.0 (I4.0) on management accounting has not been considered adequately so far. Against this background, the primary goal of this study is to investigate the implications of I4.0 on management accounting by means of a triangulation approach. The results of expert interviews, a literature review and an analysis of job advertisements provide an overview on the development of competencies of Management Accountants (MA) in Germany. The results have highlighted a closer cooperation of MA and Data Scientists. Additionally, there will be a shift from traditional analysis towards statistical analysis methods.
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Big Data, Data Science and Analytics Management, Governance and Compliance, Organizational Systems and Technology, Competencies, Data Scientist, Digital Transformation, Industry 4.0, Management Accounts Role
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10 pages
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Proceedings of the 52nd Hawaii International Conference on System Sciences
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Attribution-NonCommercial-NoDerivatives 4.0 International
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