3104AFE Strategic Management Accounting

Strategic management accounting as per the course 3104AFE Strategic Management Accounting involves the evaluation of external data regarding competitors in the marketplace, political/monetary policies that puts impact on the market, current trends in rates, share and costs. The result of the same is then focused on the available resources of the business.

Following are five areas of strategic management accounting under course 3104AFE Strategic Management Accounting:

• Costing
• Planning, control, and performance measurement
• Strategic decision-making
• Competitor accounting
• Customer accounting

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