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Finance & Accounting
Pages 10 (2510 words)
MSc Strategic Accounting Table of Contents Part A 3 Strategic Cost Management (Strategic Costing) 3 A Brief Overview of Strategic Costing 3 Critical Review of Literature 3 Part B 12 (a)Identification of the Key Factors 12 (b)Development of a Balanced Set of Performance Measures for Bradtech 13 (c)Consideration of Other Important Issues 14 References 16 Part A Strategic Cost Management (Strategic Costing) A Brief Overview of Strategic Costing Strategic Cost Management (Strategic Costing) can be regarded as one of the effective and strategic oriented management accounting methods…
Due to the fact that the strategic costing technique firmly implies long-term future oriented attributes, it can facilitate the organisations to reduce different types of accounting uncertainties (Cadez & Guilding, 2008). Critical Review of Literature With respect to the significance of the strategic costing, Cadez (2008) has mentioned that the notion of strategic costing has become a widely used technique for the organisations in case of proactively performing their range of accounting practices. In relation to the present fiercely competitive scenario of the global business environment, the organisations seek to integrate well-built Strategic Management Accounting (SMA) techniques in order to efficiently attain their strategic goals (Cadez, 2008). ...
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