Use of Strategic Management Accounting By Organisations

Authors

  • Tabitha Nasieku
  • Nicholas Githinji Jomo Kenyatta University of Agriculture and Technology, Nairobi

Keywords:

Strategic Management Accounting, Strategic Cost Management, Management Accounting

Abstract

Decision making is a critical aspect of any organization. There are various sources of information for decision making, one such source is management accounting. For a long time management accountants have been accused of providing information that has an inward looking bias, and ignoring the strategic perspective of the business. This paper has reviewed the documented literature on the use of Strategic Management Accounting (SMA)  and its role in providing information that has the strategic perspective of the business.  In the early 1980’s a new school of thought emerged and was advocated by Simmonds and other early adopters. The aim of this paper is to find out the extent of use of Strategic Management Accounting (SMA) or in some instances Strategic Cost Management (SCM) in business. Empirical review shows different views on the application of SMA techniques. The conclusion is that there is no strong evidence on the use of SMA.

 

 

 

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Published

2016-08-15

How to Cite

Nasieku, T., & Githinji, N. (2016). Use of Strategic Management Accounting By Organisations. Asian Journal of Business and Management, 4(4). Retrieved from https://www.ajouronline.com/index.php/AJBM/article/view/4062

Issue

Vol. 4 No. 4 (2016): August 2016

Section

Articles

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