Hopwood Summary

Anthony Hopwoods article Management Accounting interrogation in a Changing World makes a compelling analytic thinking of the future of trouble accounting. Hopwood discusses several issues with respect to commission accounting, but stresses the event that he is not concerned with preserving previous accomplishments instead he is maladjusted how this professional field will adapt in the ever-changing pipeline world. This article specifically addresses the effect that mainstream tendencies, autonomy, and world changes have on instruction accounting and its research.It is believed that current tendencies have caused a decrease in curiosity-oriented research. Hopwood explains that numerous business schools argon focused on earning specific accreditations and do this by requiring professors to conduct research. Since they are not genuinely interested in the research, their studies are often based off of previous data and theories. Additionally, the article explains how there is a strict hierarchical structure that controls management accounting research.Both of these factors plain limit the freedom and future mount up of research. Hopwood also argues that autonomy is other area of concern. Recently, accounting research and practice has become more distant. inside the field of medicine physicians often conduct research while simultaneously applying technical skills in a normal work environment. This improves the quality and progress of their research. Hopwood believes that without an autonomous relationship between research and practice the field of management accounting will suffer at large.The constant changes of the worlds economical and political environments are yet another factor touching the need for management accountants. Hopwood feels that management accounting research should recognize these changes in order to improve its overall relevance. Since management accounting practices have not changed significantly since their inception many people be lieve that it is irrelevant in todays business world. Hopwood helps show the actual importance of management accounting and the need to revolutionize its research.