Role Of Management Accountant in software Business.

Management Accountant-an accountant of the future for Governance-Both Corporate world and the Government.

In the ever changing technology the upbeat industry today is software.While hardware may grow arithmatically it is software business that grows geometrically.
Peculiarity of the industry is that it is an Information science.
It enables flow of information,storage of vast data,it helps organise data,it enables conversions of divergent mode of communication and data into a common storage mode and arrange for reconversion or user friendly versions.
The key to the success of the business is Speed,compatibility-universal application,delivery as a end-to-end solution(short life cycle and piracy are grave issues).
Constant and continuous innovation.
The problem in the industry is today more software are available as open source but how to recover cost then to sustain in the business and open source affect related business.
Costing of software should be primarily addressed from the angle of Life-cycle of the product,global applicability,and the time it will take to revise versions and also stand test to competitive position in the industry.Earlier examples to this type of industry with thumb rule pricing is probably entertainment business.It always pays to have a well established costing system in this industry.
Management accountant can play a key role in identifying cost and suggesting mode and method of recovery.
A schematic costing system will ensure right price for right product and avoid early recovery approach which is the thumb rule now and make the consumers ready to take these softwares and avoid opensource.
I think the software industry should understand the benefit of hiring a management accountant for this purpose.