Strategic management accounting

This book, Strategic Management Accounting, is critically important part of the CPA Program. The subject expects from students to develop their critical thinking and problem solving and communication skills. It further develops the concepts and techniques covered in cost accounting and management accounting subjects’ candidates have undertaking in any undergraduate studies or informal setting. The book includes a number of assumed knowledge questions which candidates are expected to attempt prior to or while undertaking this module. This book provides a systematic and critical analysis of the issues related to the integration of Strategic Management Accounting with strategy implementation. Strategy is initially discussed as a topic in its own right, followed by an examination of how various strategic choices affect strategic management accounting techniques such as cost management, value creation, activity-based costing, performance measurement and project management. By reading this book students/candidates will be able to analyse complex situations and develop approaches that are logical, consistent, and defensible from a strategic perspective. The book uses case studies extensively to develop graduate capabilities centred upon higher order critical analysis skills and the ability of students to generate a range of effective alternative options and innovative solutions to case-based scenarios.