Chartered Institute of Management Accountants

Chartered Institute of
Management Accountants
Chartered Institute of
Management Accountants
CIMA Executive Summary Report
Volume Issue 1
ManageMent accounting in Support of the Strategic
ManageMent proceSS

ManageMent accounting in support of the strategic ManageMent process
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accountants involvement in the strategic management process depends on – organisational position, the culture of the organisation, relationship with ceo, and credibility – abilities of the accountant both technical and interpersonal and, importantly, desire to contribute to strategy development – resources available. routine monthly reporting may squeeze out longer term strategic activity.
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the term strategic management accounting was not looked upon favourably by participants who preferred the term business partnering to describe their activities in supporting the strategic management process.