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ACCT303 Strategic Management Accounting

Strategic Management Accounting is a relatively new model in the field of management accounting. In the late 1980s and early 1990s, both professionals and academics criticised traditional management accounting, which led to the rise in popularity of this new management accounting perspective.
Strategic Management Accounting, by providing continual data and analysis of management accounts aids in the formulation of effective company decisions. Management, with their specialised knowledge and insight, serves as a trusted advisor to the leadership and the entire organisation.