Managers' lack of trust in accounting's costing information
It is often reported that operational managers do not "trust" cost data from accounting, that they prepare and use their own cost data. What are the reasons for this distrust and what can be done to eliminate it?
The linked article doesn't exactly address "trust" but the usefulness of information is very closely related to trust. If accountants don't create information, analytics, and insights valued by business - marketing, sales, operations, logistics, etc - they will gradually be relegated to the sidelines.
This is an interesting opinion piece from someone who specializes in organizational governance: Will Accountants become the Weavers of the 21st Century?
The linked article doesn't exactly address "trust" but the usefulness of information is very closely related to trust. If accountants don't create information, analytics, and insights valued by business - marketing, sales, operations, logistics, etc - they will gradually be relegated to the sidelines.
This is an interesting opinion piece from someone who specializes in organizational governance: Will Accountants become the Weavers of the 21st Century?
https://www.accountingtoday.com/opinion/will-accountants-become-the-weavers-of-the-21st-century