STRATEGIC MANAGEMENT ACCOUNTING: DEFINITION AND TOOLS

Authors

  • N.І. Pylypiv Precarpathian National University named after V. Stefanik, Ministry of Education and Science of Ukraine, Department of Theoretical and Applied Economics, Shevchenko str., 82, Ivano-Frankivsk, 76000
  • I.D. Pіatnychuk University of King Danylo, Ministry of Education and Science of Ukraine, Department of Accounting and Audit, Konovalets str., 35, Ivano-Frankivsk, 76018

DOI:

https://doi.org/10.15330/apred.2.13.90-100

Keywords:

strategic management accounting, definition, tools, strategic management decisions

Abstract

The article is dedicated to learning the essence of the definition of “strategic management accounting” in domestic and foreign literature. Strategic management accounting tools has been studied and identified constraints that affect its choice. The result of the study is that the understanding of strategic management accounting was formed by authors. The tools which are common for both traditional managerial accounting and strategic and the specific tools necessary for efficient implementation of strategic management accounting have been defined.

Author Biographies

N.І. Pylypiv, Precarpathian National University named after V. Stefanik, Ministry of Education and Science of Ukraine, Department of Theoretical and Applied Economics, Shevchenko str., 82, Ivano-Frankivsk, 76000

D. Sc. Econ., Professor

I.D. Pіatnychuk, University of King Danylo, Ministry of Education and Science of Ukraine, Department of Accounting and Audit, Konovalets str., 35, Ivano-Frankivsk, 76018

Ph.D (Econ.),  associate professor

References

1. Atamas, P. Management accounting, CzNL, 2006.
2. Golov, S. Management accounting, Libra, 2003.
3. Bruhanskyy, R. “Construction methods of strategic management accounting in enterprises.” Accounting and Auditing, no. 9, 2014, pp. 27-36.
4. Shevchuk, V. “Strategic management accounting system promoted as a competitive business strategy.” Journal of National University "Lviv Polytechnic". Management and business in Ukraine, no. 722, 2012, pp. 281-284.
5. Bromwich, M. “The case for strategic management accounting: the role of accounting information for strategy in competitive markets.” Accounting, Organizations and Society, no. 15 (1), 1990, pp. 27-46.
6. Cadez, S., and C. Guilding. “An exploratory investigation of an integrated contingency model of strategic management accounting.” Accounting, Organizations and Society, no. 33(7-8), 2008, pp. 836-863.
7. Cinquini, L., and A.Tenucci. “Strategic management accounting and business strategy: A loose coupling?” Journal of Accounting & Organizational Change, no. 6, 2010, pp. 228-259.
8. Cuganesan, S., Dunford, R., and I. Palmer. “Strategic management accounting and strategy practices within public sector agency.” Management Accounting Research, no. 23, 2012, pp. 245-260.
9. Langfield-Smith, K. “Strategic management accounting: how far have we come in 25 years?” Accounting, Auditing and Accountability Journal, no. 21(2), 2008, pp. 204-228.
10. Ma, Y., and M. Tayles. “On the emergence of strategic management accounting: An institutional perspective.” Accounting and Business Research, no. 39 (5), 2009, pp. 473-495.
11. Roslender, R., and S. Hart. “In search of strategic management accounting: theoretical and field study perspectives.” Management Accounting Research, no. 14(3), 2003, pp. 255-279.
12. Shank, J. “Analysing technology investments – from NPV to strategic cost management (SCM).” Management Accounting Research, no. 7(2), 1996, pp. 185-197.
13. Simmonds, K. “Strategic management accounting.” Management Accounting, no. 59(4), 1981, pp. 26-29.
14. Ward, K. Strategic Management Accounting, Routledge, 1992.
15. Drury, K. Management and Cost Accounting, YuNYTY-DANA, 2005.
16. Ryan, B. Strategic accounting for managers, YuNYTY, 1998.
17. Juras, A. “Strategic Management Accounting – What Is the Current State of the Concept?” Economy Transdisciplinarity Cognition, vol. 17, issue 2, 2014, рp. 76-83.
18. “Management Accounting in Support of the Strategic Management Proces.” Certified Institute for Management Accounting: CIMA Executive Summary Report, vol. 11, issue 1, 2005. Cima, www.cimaglobal.com. Accessed 20 May 2017.
19. Nixon, B., Burns, J., and Jazayer, M. “The role of management accounting in new product design and development decisions.” CIMA Research Executive Summary, series 9 (1), 2011.
20. “Management Accounting: Financial information in decision making.” Business Case Studies LLP, businesscasestudies.co.uk/cima/financial-information-in-decision-making/management-accounting.html#axzz4Bjzut1rX. Accessed 20 May 2017.
21. Guilding, C., Cravens, K., and Tayles, M. “An international comparison of strategic management accounting practices.” Management Accounting Research, no. 11, 2000, pp. 113-135.
22. Fowzia, R. “Strategic management accounting techniques: Relationship with business strategy and strategic effectiveness of manufacturing organizations in Bangladesh.” World Journal of Management, no. 3 (2), 2011, pp. 54-69.
23. Shah, H., Malik, A., and Malik, M. “Strategic management accounting – A messiah for management accounting?” Australian Journal of Business and Management Research, no. 1 (4), 2011, pp. 1-7.
24. Bezrukov, N., and Averina, O. “Modern management accounting and its technologies.” System Management. Electronic Scientific Periodical Publicatio, no. 4, 2010, sisupr.mrsu.ru/. Accessed 20 May 2017.
25. Savenkov, D. “Management accounting system in strategic management.” Management Accounting, no. 6, 2008, pp. 29-35.
26. Sokolov, A. “Modern approaches to the organization of the management accounting system.” Vestnik OSU, no. 8, 2006, pp. 288-294.
27. Shaykan, A. Accounting management in making strategic decisions, KNEU, 2009.

Downloads

Published

2017-06-26

How to Cite

Pylypiv, . N., & Pіatnychuk . I. (2017). STRATEGIC MANAGEMENT ACCOUNTING: DEFINITION AND TOOLS . The Actual Problems of Regional Economy Development, 2(13), 90–100. https://doi.org/10.15330/apred.2.13.90-100

Issue

Vol. 2 No. 13 (2017): THE ACTUAL PROBLEMS OF REGIONAL ECONOMY DEVELOPMENT"

Section

Problems of accounting and audit

License

Authors who publish with this journal agree to the following terms:
    1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution NonCommercial NoDerivs 4.0 Unported License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
    1. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  1. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access)