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Development Parameters of the Corporate Strategic Accounting and Analytical System of the Enterprise

Author

Listed:
  • Ruslan Brukhanskyi

    (Ternopil National Economic University, Ternopil, Ukraine)

Abstract

An analysis of the activities of Ukrainian enterprises indicates the lack of an integrated, well-formed on a single accounting principles, adequately transformed and clearly systematized information database for strategic management decisions. As a result, in many enterprises strategic accounting information is not generated at all, and only in certain cases management is provided with non-transparent and irrelevant information, the use of which in the process of managerial decision-making leads to the formation of strategies that are inadequate to the company's competitive advantages and existing environmental threats. The purpose of the article is to identify the problems of generating accounting information for the needs of strategic management, differentiating the main organizational and methodological vectors of development and structuring the construction of a corporate strategic accounting and analytical system of an enterprise. The logical, system-structural and epistemological research methods, induction, deduction, abstraction were applied by the author. Based on the results of the study, the enterprise’s strategies were classified from the perspective of building a system of accounting and analytical support for strategic management. The requirements for enterprise segmentation by differentiating strategic business units were justified. A model has been generated for generating and presenting accounting information for the needs of strategic management in the context of types of strategies. The management needs and possible ways to meet them in the context of building a system of accounting and analytical support for strategic management were considered. The corporate strategic accounting and analytical system of the enterprise was structured. The interaction of strategic accounting subsystems with other information systems as part of the corporate strategic accounting and analytical system was reflected. The main organizational and methodological directions of the development of the corporate strategic accounting and analytical system of the enterprise were determined.

Suggested Citation

  • Ruslan Brukhanskyi, 2020. "Development Parameters of the Corporate Strategic Accounting and Analytical System of the Enterprise," Oblik i finansi, Institute of Accounting and Finance, issue 1, pages 13-19, March.
    • Handle: RePEc:iaf:journl:y:2020:i:1:p:13-19
    as

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    References listed on IDEAS

    as
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    3. Ervin L. Black & Keith F. Sellers & Tracy S. Manly, 1998. "Earnings Management Using Asset Sales: An International Study of Countries Allowing Noncurrent Asset Revaluation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 25(9-10), pages 1287-1317.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    strategic accounting; strategic management; corporate accounting and analytical system; strategy; strategic business unit;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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