Page 1 |
Previous | 1 of 7 | Next |
|
This page
All
Subset
|
Some Predictions: Management Sciences in Accounting by H. Justin Davidson The public accounting profession, throughout its history, has provided advisory services to management in addition to its commonly recognized services of auditing and tax consulting. These advisory or management services have generally had a strong financial orientation and have drawn heavily upon the accountant's general business experience. In recent years, an expansion in management services offered by public accountants has taken place. The amount of traditional management services work has increased. Moreover, the scope of management services has gradually changed. Many services now performed draw widely on quantitative techniques employed in the physical sciences, mathematics, and other disciplines not historically associated with the practice of accounting. Loosely called operations research or, perhaps more correctly, management science, these new management services include the application of such knowledge as inventory control theory, linear programming, statistical theory, and perhaps most importantly, electronic data processing to management problems. To an impartial observer, it is fairly clear that the use of management science is continuing to expand today at a rapid rate, both in accounting and in business. In this article, the broad sweep of this management science movement and its relationship to public accounting is examined. In particular, an assessment of what the future holds for the practice of management science in public accounting is set forth. A Review of the Past Before turning to the central topic of the future role of management science, its past history in accounting practice should be reviewed. We are pleased to publish another article by H. Justin Davidson, whose articles have appeared in Quarterlies in the past and in a number of outside publications. Mr. Davidson, management services partner in the Chicago office, has been appointed a member of the newly formed Planning Committee of the American Institute of Certified Public Accountants. The Committee has been charged with the responsibility of developing specific plans to meet the problems and opportunities of the profession in the next ten to twenty years. Mr. Davidson's article, written before this new assignment, is particularly timely in its presentation of some of the problems confronted by the profession. JUNE, 1965 33
Object Description
Title |
Some predictions: Management Science in accounting |
Subtitle |
Management Science in accounting |
Author |
Davidson, H. Justin |
Subject |
Management science Accounting -- Management |
Personal Name |
Davidson, H. Justin |
Portrait |
Davidson, H. Justin |
Office/Department |
Touche, Ross, Bailey & Smart. Chicago Office |
Citation |
Quarterly, Vol. 11, no. 2 (1965, June), p. 33-39 |
Date-Issued | 1965 |
Source | Originally published by: Touche, Ross, Bailey & Smart |
Rights | Copyright and permission to republish held by: Deloitte |
Type | Text |
Format | PDF image with OCR under text, scanned at 400dpi |
Collection | Deloitte Digital Collection |
Digital Publisher | University of Mississippi. Digital Accounting Collection |
Date-Digitally Created | 2009 |
Language | eng |
Identifier | Quarterly_1965_June-p33-39 |