Development of management accounting in the context of industry 4.0

Abstract

The relevance of this study stems from the growing role of digital technologies in transforming management accounting, which is gradually shifting from a function of recording business transactions to an analytical system that supports strategic decision-making. Modern information platforms enable the automation of accounting procedures, integration of financial, operational, and production processes, the use of intelligent analytics, forecasting models, and resource-optimization tools. The purpose of this study is to systematize the functional capabilities of modern digital platforms for management accounting and to identify barriers to their implementation in corporate practice, with an emphasis on financial, technological, organizational, and human resource aspects. The study's methodological tools include systemic, comparative, and structural-functional analysis, as well as content analysis of information systems and pricing models. These tools are complemented by logical-analytical and inductive generalization to formulate conclusions and recommendations. The obtained results demonstrate the emergence of two strategic vectors of digital transformation: the use of flexible SaaS solutions to strengthen the adaptability of small and medium-sized businesses, and the introduction of integrated ERP platforms focused on resource management, multi-level planning, and the development of a data-centric model of corporate governance. It is revealed that financial capacity, personnel's digital competencies, the quality of the information infrastructure, and organizational readiness for change are key determinants of the successful digitalization of management accounting. Conclusions. The scientific and practical significance of the research lies in developing a generalized model for assessing enterprise readiness to implement digital platforms, identifying typologies of digitalization barriers, and substantiating directions for increasing the digital maturity of management accounting. It can be used to transform management systems and design digital development strategies.