Management Accounting in the Digital Economy

There is mounting evidence that the deployment of digital technologies by enterprises affects not just their functioning in economic terms, but also mobilizes broader social, institutional, and organizational effects. At a technical level, digitization directly influences organizational processes. Notions of its potential also define managerial pursuits and the search for enhanced organizational performance. Inevitably, digitizatoin impacts the form, substance and provenance of internal accounting information with attendant consequences on the behaviour and actions of decision makers. Knowledge about the influence of digital technologies on management accounting thinking processes and practices is starting to emerge. A variety of issues relating to pricing strategies, cost management and control mechanisms are evident. But the implications for the field are far wider. Aspects of trust, organizational power, cultural shifts, strategization, convergence of product and information elements, and newly perceived contingencies between information dimensions and contextual factors are altering management accounting systems, structures, thinking, and practices. This book explores these and other issues along different planes of reference. The first part of the book consists of chapters that discuss accounting and management control systems and wider structural shifts connected with the advent of digital technologies. In the second section, the contributors analyse organizationally focused shifts occurring concomitantly alongside digital transformations in the economy. The final part of the book comprises chapters that consider avenues of accounting transformation that may be pursued in specific contexts both in terms of practice and as concepts that afford insights into possible management accounting futures. Broadly, the fourteen chapters of this book bring together practical commentaries, conceptual frameworks, and theoretical argumentation and explore wider narratives regarding the interface between management accounting and the digital economy. Management Accounting in the Digital Economy will be of interest to scholars, advanced students, and practitioners concerned with the management accounting and control implications of the growing ubiquity of digital technologies across organizational spaces and economic platforms. Contributors to this volume - Shannon Anderson, Graduate School of Management, Rice University Paul Andon, School of Accounting, University of New South Wales, Sydney Franco Amigoni, SDA Bocconi School of Management, Bocconi University Jane Baxter, School of Accounting, University of New South Wales, Sydney Alnoor Bhimani, Department of Accounting and Finance, London School of Economics and Political Science Ariela Caglio, SDA Bocconi School of Management, Bocconi University Chris Chapman, Said Business School, University of Oxford Wai Fong Chua, School of Accounting, University of New South Wales, Sydney Angelo Ditillo, SDA Bocconi School of Management, Bocconi University Lawrence A. Gordon, Robert H. Smith School of Business, University of Maryland Maurice Gosselin, Ecole de Comptabilite, Universite Laval, Quebec City, Canada Markus Granlund, Turku School of Economics and Business Administration, Finland Frank Hartmann, Universiteit van Amsterdam Kristian Kreiner, Copenhagen Business School Hans-Ulrich Kupper, Institute of Production Management and Management Accounting, University of Munich Martin P. Loeb, Robert H. Smith School of Business, University of Maryland Kari Lukka, Turku School of Economics and Business Administration, Finland Paulo Quattrone, University Carlos III, Madrid Hanno Roberts, Norwegian School of Management Karen L. Sedatole, McCombs School of Business, University of Texas at Austin Leif Sjoblom, IMD, Switzerland Eddy H. J. Vaassen, Universiteit Maastricht