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Implications for Managerial Accountants

Kurt Fanning*

Central Missouri State University

This is an abstract for a poster to be presented at the
Fifth Foresight Conference on Molecular Nanotechnology.
There will be a link from here to the full article when it is available on the web.


The world of nanotechnology is coming. The ability to manufacture objects at molecular level precision will create objects with unrivaled strength and usefulness. Nanotechnology will involve creating molecular assemblers with artificial intelligence which will allow self-replication. This self-replication will allow unrivaled growth at minimal cost. The manufacturing environment will obviously be different when these changes take place. This article is intended to introduce these changes and their implications to management accountants. Having the ability to adapt to these changes before they occur will allow management accountants to continue to add value to the company.

A brief history of nanotechnology and its current status provides a background for discussing the accounting implications. This paper examines the questions of correct cost allocation and just what are the "cost drivers" under this new environment. Finally, a concise reference section helps to provide those wishing to learn more about this important topic a starting point.

*Corresponding Address:
Dr. Kurt Fanning, CPA, CMA, Central Missouri State University, Warrensburg, MO 64093-8888, ph: 816-543-8555, fax: 816-543-5888, email:


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