IMPACT OF BUSINESS ENVIRONMENT CHANGES ON PROFESSIONAL COMPETENCE OF MANAGERIAL ACCOUNTANTS AND CONTROLLERS CASE OF THE CZECH REPUBLIC

The article describes the outcomes of the project whose purpose is - on the base of "Draft for a common statement" - to state generally accepted requirements for professional competence of managerial accountants and controllers. Paper concludes that - despite the fact that Draft is the first step only - it brings substantial contributions: it has been leading to better understanding of differences which accompany this profession development in different part of globe and it enables better identification of common features, but also distinctions in profiles and professional orientations of professional accountants, auditors and professional accountants in business and of managerial accountants or controllers whose quality professional development is the principle aim of this project. The important part of the project is empirical research focused on changing requirements on managers and controller and mapping actual situation in the Czech Republic in this area. The research compares opinions of two groups of respondents - experts who are responsible for professional competence development of controllers on one hand and managers and controllers operating in business environment on the other hand. Paper provides results relating to following areas: general content of the controllers' activities, controllers' authority and responsibility, requirements for controllers' education, professional skills and practical experience, ethical aspects of management accounting as well as quality assurance of the controllers' work.