ARE YOU GETTING THE MOST FROM YOUR IT TOOLS?

[...]these segmentations can't always come from monetary reports. [...]these segmentations can be more important to the cross-functional team than the financial summary. The Management Accountant's Role As a management accountant, you're in a great position to be the bridge. Since you should be familiar with the various ways that information is used, and with such tools as ABC, you can serve as interpreter, designer, expediter, and project manager to meet the analytical needs of all the functions in the organization. Confirm the ability to derive monetary information automatically from the source data, as well as whether deriving financial information from the source data results in accurate and timely outcomes. [...]the finance function, the internal audit function, and the external auditor should be comfortable that the outcomes are accurate and controlled. [...]in order to be truly effective, data integration and business process management should come before applying any new IT tools.