Article Review: Impact of Management Accounting Research Book Review (Book Review Sample)

Article Review: The Impact of Management Accounting Research
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Article Review: The Impact of Management Accounting Research
The Impact of Management Accounting Research: An Analysis of the Past and a Look at the Future by Marco Gatti
Summary and findings
Marco Gatti analyses the impact of management accounting research by taking a review of the literature related to the issue addressed in the article. In the analysis, the author identifies new avenues on the effect of managerial accounting research. The author review significantly contributes to the theory and praxis. By so doing, the article opens room for new research that focuses on the tools and methods that expound the impact of management accounting research by reviewing the past and forecasting on the future. The author outlines the factors contributing to the increasing gap between theory and practice while at the same time also proposing possible solutions to the issue by expounding on the avenues through which professionals, academicians, and practitioners can bridge the gap.
For the kinds of literature available, there is a discovery of obsolescence in the managerial decision making because all decisions made were based on financial information which controlled production process which is now unable to support managerial decision making given changes in various aspects that affect the decisions of management. The review of the literature showed that there is loose in the relevance and interest in the field of accounting, including managerial accounting hence advocating for strategies to ensure the trend changes for the future of managerial accounting. The article also explores the factors which contribute to the loss of interest in managerial accounting research such as the inconsistency especially in the object of research.