26 April 2017

Current Hot Topics in Management Accounting

Went to a CIMA/BPP update session presented by Richard Mallett which was sadly disappointing.

Had hoped to come back inspired with new ideas to use back at the office but only 2 'hot topics' were covered:

  1. CGMA Global Management Accounting Principles
  2. Integrated reporting
The first seemed more about categorising what a management accountant does, could do or should do in very top level terms.

Integrated reporting is becoming a Financial Reporting requirement for large organisations.  The theory is that as this embeds, what is required for year end reporting will find its way into management reporting.

Summary: some useful background thinking but not worth the 2 hours drive to be there.

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