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. What is the implication of strategic planning and analysis for information provided by management accounting...

. What is the implication of strategic planning and analysis for information provided by management accounting systems?

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Implication of strategic Planning and analysis for information provided by management accounting systems

Managerial accounting is the key element that cannot be omitted while developing managerial strategies.Managerial accounting infulences the decisions of management regarding strategies from the beginning, cost type accounting and primary cost centres that determine a low price as possible, secondary cost centers influencethe differentiation using IT and HR, to the end by profitability management that shows how successful a management strategy is.  

Implications also include the formulation of decisional judgements, analysis of resources use, analysis of price formation, control of all activities by specific methos and the supply of information regarding deviations and methods of correcting them, financial analysis of investment and so on.

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