Management accounting in the context of management digitalisation: relevance and prospects

Abstract

The wave of digitalization, driven by the development of information technology, is constantly moving forward, penetrating various areas of our lives and accumulating everything it manages to "touch." Much of the equipment around us is already automated and capable of performing many tasks without human intervention - collecting data, analyzing it, and producing specific algorithms that even allow us to make accurate forecasts for the future. By today's requirements, enterprises are also constantly developing in this direction since one of the critical roles of management is the existence of a practical resource and enterprise management system. The article presents certain aspects of the transformation of management accounting under the influence of automated systems. The article aims to substantiate the relevance and formulate prospects for developing scientific support for management accounting in the context of the digitalization of management. The study and its results were carried out using analysis, synthesis, generalization, and specification methods. The paper describes the current state of development of accounting information systems and substantiates the feasibility and efficiency of management accounting automation. It is established that various manufacturers of specialized accounting software compete in the IT market. However, until recently, this niche was not very popular, and the leading accounting software that the ban on Russian IT products should use is presented. The aspects that confirm the effectiveness of automation in management accounting are identified. The content of the main modules of the resource planning system (finance, operations, personnel, analytics, balance sheet) is revealed. The expediency of using an ERP system is substantiated, which will significantly reduce the problems with the automation of management accounting. It has been determined that maintaining an automated management accounting system at an enterprise has a positive impact. Keywords: accounting, managerial accounting, automation, ERP-system, information systems, business processes, information.