Strategic Management Accounting Research

With the global competition becoming tenser since 1980s , modern sophisticated technology has been widely used and greatly developed, which leads to the radical change of the inner and outer environment of enterprises. Consequently, the traditional management theories and methods are challenged and traditional management accounting has displayed inadaptability to the new environments. The relativity of information it provides with policy decision of enterprise management has been decreasing. Changes of external environments and internal requirements of enterprises have promoted the generation and development of Strategic Management Accounting. Strategic Management Accounting (SMA) is a newly developed branch of accounting discipline in recent years. It is the product of the incorporation of enterprise strategic management and management accounting. The problems it seeks to resolve are: how to accommodate the changing internal and external conditions; how to allocate and utilize enterprise resources in the internal environment; how to corporate within the enterprise to gain more superior strategic effects.Theoretical researches and practical applications of SMA have been well developed in Western countries. In recent years there have been a lot of explorations to SMA in domestic theoretical researches. However, there are relatively less applications of SMA. What's more, the research and exploration of management accounting have enriched the contents and methods of management accounting. The formation and development of strategic management accounting do not replace the traditional management accounting but enrich the latter according to the changes of social and economic environment, demonstrating the development orientation of modern management accounting in the new century. Finally, the research of strategic management accounting is based on the successful cases of our nation's management accounting practices. That's the reason why this paper selected the research on the strategic management accounting as the topic of Master thesis.