OPPORTUNITIES FOR APPLYING STRATEGIC MANAGEMENT ACCOUNTING TOOLS FOR THE SUSTAINABLE DEVELOPMENT OF A COMMERCIAL ORGANIZATION

Abstract

The article systematizes and summarizes the possibilities of using strategic management accounting tools for the purposes of sustainable development of economic entities. Note that the reason for separating management accounting from the traditional accounting system was the calculation in accounting. The reason for the division of traditional accounting and financial accounting into financial accounting and calculation accounting was the need to preserve the commercial secrets of business entities focused on the introduction and implementation of innovative technologies that increase the pace of production. At this time, new methods of calculating and accounting for production costs were developed and implemented, namely: standard-cost, direct-costing, target-cost, and others. An important point in the accounting changes was the allocation of such areas in the management accounting system as cost accounting for responsibility centers, cost centers, and profit centers. Management accounting data that determine the level of costs in various categories contribute to the adoption of rational, effective and promising management decisions supported by economic benefits. It is indisputable that before considering the tools of strategic management accounting, it is necessary to study the concept of this accounting, understand and study the conceptual apparatus, its goals and objectives, determine its purpose and the degree of importance in functioning for an economic entity. Note the fact that the terminology around the definitions of management accounting, management analysis, management management and strategic management accounting is subject to discussion by leading experts in the field of management accounting. Despite this, it should be noted that the emergence of management accounting is characterized much earlier than the definition of "management accounting".