MANAGEMENT ACCOUNTING: THE BOUNDARY BETWEEN TRADITIONAL AND MODERN
MANAGEMENT ACCOUNTING: THE BOUNDARY BETWEEN TRADITIONAL AND MODERN

Summary/Abstract: Recent research in the field of management accounting reveals a significant evolution of its fundamental concepts. These focus on the key issues of the managed activities in direct relationship with the decision-making. The cost analysis and calculation, as the primary accounting management objectives, is carried out in a wider context as compared to the traditional one, in the sense that there is an ever closer link between these specific activities and the elements related to the organization's strategy. Thus, cost information has a special role in developing better strategies to give organizations a sustainable competitive advantage.

• Details
• Contents