Page 16 - BA1 Integrated Workbook STUDENT 2018
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Chapter 1
3.2 The role of the strategic management accountant
Strategic management accounting is a form of management accounting in
which emphasis is placed on information which relates to factors
external to the organisation, as well as non-financial information and
internally generated information.
The strategic management accountant will therefore produce information as needed
by management to help support their business decisions. This may include (but is not
limited to):
competitor analysis
customer profitability analysis
product decisions – pricing, portfolio analysis, brand analysis
investment decisions – acquisitions, disposals, mergers, strategic management
systems.
The strategic management accountant’s role is different to that of a traditional
management accountant as it is more forward looking and has a more external focus.
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