STRATEGIC MANAGEMENT ACCOUNTING

Abstract

The article examines the impact of strategic management decisions on an entity’s activities. Emphasis is placed on the formation of a business entity management system in a competitive environment. The role of decision-making information in each of the five interrelated processes of enterprise strategy development is defined, namely: defining the mission and setting strategic goals; analysis of the strategic position of the enterprise; formulating a strategy to achieve the defined goals and results of the activity; reviewing the strategic plan for compliance and quality; mine strategic plan or methods of its implementation. The functions, methods and systems of strategic management accounting are investigated.

Keywords

• management accounting
• strategic management accounting
• strategic accounting functions
• strategic accounting method
• SWOT analysis