The Chartered Accountant Student Vol. 25 No. 06 November 2021

Abstract

With the increasing complexity, volatility, uncertainty, and pace of change in today’s global marketplace; Chartered Accountants’ position has moved to the Center in recent years, becoming more active and dynamic in defining and facilitating both strategy development and implementation. They play a more significant role in driving “Value” and determine the future strategy of an organization. The function of the CAs in the implementation of the strategy involves funding the organization's strategic options, as well as creating key performance indicators (KPIs) to measure the organization's progress against its strategy. The syllabus introduces students to the strategic role of "management accounting