MANAGEMENT ACCOUNTING

Management Accounting





Contents

Management Accounting3

Competitor-Focused Accounting (CFA):11

Competitive position following:16

SMA Contribution19

References21

Management Accounting

In recent years, issues of strategic management accounting were widespread in accounting monitoring of the literature. Adapted by altering the willingness of the undertaking in the 1990s is one of the most eminent trials versus counters today's management. A spectacular in the form of numerous associations which increases role change go towards strategic alliances and partnerships with suppliers. However, there is still no complete structure of what constitutes the strategic management accounting. Basically, accounting management practices have one or more of the following characteristics: direction of trade or environment natural target brawl and dream in the long term for the future direction.

During the 1980s, the conviction of common management accounting practices have been widely distributed and new developments, which were more Melody with the natural environment of present comparable companies are apparent (Drury, 2002 p923). A particularly productive play envelope was strategic management accounting (ADM). However, Tomkins and Carr (quoted in Drury, p. 570, 2008) question there is no international boundaries of ADM, considering that you have received much publicity. This term invited to threaten the details found in the literature section. In addition, efforts will be made in some accounting management chosen for the implementation of the GHS, costs of the lifecycle methods to update, objective costs, balanced scorecard and value chain analysis. Complete, consider how its support to the achievement of an organization.

Other authors have taken clarification salient facts ADM (Drury 2008) of external components. Simmonds (1981, 1982, cited in Drury, p.570 2008), which first designed period SMA, examines the provision and analysis data on the company and its competitors, which are useful in the development and follow the outline of the company. Your point of view, administered benefits come not internal efficiency of the company? Even if the need to agree on what is ADM, some rudimentary features are repeated in coherent class, i.e. with the participation of the natural environment external and market and, therefore, entirely. M. (1996), he has coordinated the ADM under three aspects: external data on competitors, which is in relation to strategic positioning and enjoying similar benefits by the investigation of the string value (quoted in Drury, 2008).

Modern ADM, fresh methods compared with usual methods, cost accounting management target on the reduction of different cost containment. For the demonstration, life cycle cost closer and accumulates in the lifecycle of commodity costs (Drury, 2008 p.538). To investigate the meanings of life-cycle cost of various goods, in this demo is based on two of the goods, mobile phones and Atomic plants, which have very different life cycles. PEP Learning Media (2008) proposes that, in General, nuclear energy different positions, mobile phones have short life cycle.

The high cost of stages of development and the introduction of mobile phones is due to the development and commercialization of the goods, whereas nuclear power plants are due to the costs of construction and equipment. In the phase of development of Finance of scale, cost allows dramatic drop ...