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Strategic Management Accounting by Sean Stein Smith

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CHAPTER 9

Strategic Management Accounting: A Path Forward

Business, across industry and geographic boundaries, is undergoing a dramatic change linked directly to the multiplicity of interested parties and organizations focused on how specific organizations are performing. The very structure of corporations and organizations continues to change and evolve in response to the changing business environment. Accounting professionals and management professionals must evolve and reposition themselves in order to remain relevant within the marketplace. That said, it is important to keep in mind and factor into ongoing analyses and discussions that there are tools, concepts, and strategic accounting available to accountants to make this transition simple ...

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