Useful information of strategic management accounting for strategic decision making in enterprises
Main Article Content
Abstract
The business environment is increasingly dynamic so the contribution of the right strategic information plays an vital role in the development and implementation of business strategies. Strategic management accounting (SMA) meets the necessary conditions because it integrates important points from management accounting and marketing within the framework of strategic management. With modern technical methods, SMA provides internal and external information, both financial and non-financial information, which is useful for strategic decision making that provides competitive advantage and business efficiency for businesses. The article aims to introduce SMA, the techniques of SMA and the role of SMA in enterprises. On that basis, several orientations are suggested to promote the level of application of SMA in Vietnam enterprises.
Article Details
Keywords
management accounting, strategic management accounting, marketing
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