Zusammenfassung der Ressource
Module 1: Supporting sustainable value creation
- Define Strategic Management Accounting (SMA)
- Creating sustainable value
- by supporting the formation, selection, implementation & evaluation of organisational strategy
- with effective resources allocation & information that capture financial & non-financial perspectives
- Essential requirement for successful performance
- generate products and services that are of sufficient vakue so that consumer willing to pay for them
- constantly develop and improve the resources and activities used to generate that value
- Value
- Example value creation
- growing food
- generating energy
- providing health care
- Shareholder value
- Customer value
- Stakeholder Value
- Strategic Mgmt
- process ehich the org decides on the direction it will take
- Strategic Mgmt Accounting
- provide a wide range of tools and techniques support each stage of process
- Become the drive strategic mgmt activity