2022•ChronosOpen access

MODERN INNOVATIVE PRACTICE OF MANAGEMENT ACCOUNTING

Olga Ivanovna Arkhipova

Abstract

Purpose of the article: innovations in the field of management accounting. Modern management accounting reforms the traditional practice of management accounting. Management accountants are required to take part in establishing financial controls and assigning financial values to non-financial managers. Modern management accounting with other strategies will allow management to make informed decisions that will contribute to the success of the organization.

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Available abstract

Key concepts: Management accounting, Accounting management, Accounting, Business, Cost accounting, Financial management, Accounting information system, Financial accounting