Overview, Practices and Role of Management Accountants
DOI:
https://doi.org/10.33516/maj.v54i6.16-20pAbstract
Industry 4.0 is the fourth revolutionary wave in the manufacturing arena. It refers to the trend of using automation and data exchangein manufacturing technologies. The management accountants need to embrace and exploit this wave of digital transformation along the value chain of business. It throws up a plethora of opportunities. At the same time, it demands for an apt ecosystem so that the benefits are unleashed. The present article has four sections: Overview of Industry 4.0, initiatives and practices, role of management accountants and conclusion. The study is based on secondary sources like reports, surveys, whitepapers, and research articles.Downloads
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