The concept of management accounting as an element of the corporate management system
https://doi.org/10.35854/1998-1627-2024-11-1352-1362
Abstract
Aim. The work aimed to formulate the main provisions of the concept of management accounting as an element of the corporate management system, addressing the needs of various stakeholders.
Objectives. The research explores the relationship between management accounting and other components of corporate management and develops the key provisions of the concept of management accounting such as goals, functions, tasks, strategies, and methodology.
Methods. The study employs analysis (to examine a number of provisions of the concept of management accounting) and synthesis to integrate the provisions into one concept.
Results. The article develops the basic provisions of the management accounting concept aimed at integrating its functions into the corporate management system, including the goal, objectives, functions, principles, strategies, and methodology, that ensure the generation of an integrated information environment. The concept takes into account the interests of both internal stakeholders (management, employees) and external stakeholders (investors, creditors, the general public). The management accounting is shown to support planning, organization, control, motivation, and coordination in the interests of sustainable business development, transparency, and trust.
Conclusions. Management accounting described in the article differs from traditional approaches by emphasizing stakeholder interests. Unlike existing methods focused primarily on internal analysis, the proposed concept expands the accounting functions, while integrating them into strategic and operational management processes. This study emphasizes the importance of creating a universal system that aligns with modern requirements for digitalization and sustainable development, increasing transparency, relevance, and trust of all categories of stakeholders.
About the Authors
N. V. Kotelnikova
Saint Petersburg State University of Industrial Technologies and Design
Russian Federation
Competing Interests:
Russian Federation
Nadezhda V. Kotelnikova - PhD in Economics, Associate Professor, Associate Professor at the Department of Finance and Accounting of the Institute of Management and Economics, Higher School of Technology and Energy
18 Bolshaya Morskaya st., St. Petersburg 191186
Competing Interests:
the authors declare no conflict of interest
related to the publication of this article
V. A. Beskrovnaya
Saint Petersburg State University of Industrial Technologies and Design; St. Petersburg University of Management Technologies and Economics
Russian Federation
Competing Interests:
Russian Federation
Vera A. Beskrovnaya - D.Sc. in Economics, Associate Professor, Head of the Department of Management and Law of the Institute of Management and Economics, Higher School of Technology and Energy; Professor of the Department of Management, State and Municipal Administration
18 Bolshaya Morskaya st., St. Petersburg 191186
44A Lermontovskiy Ave., St. Petersburg 190020
Competing Interests:
the authors declare no conflict of interest
related to the publication of this article
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Review
For citations:
Kotelnikova N.V., Beskrovnaya V.A. The concept of management accounting as an element of the corporate management system. Economics and Management. 2024;30(11):1352-1362. (In Russ.) https://doi.org/10.35854/1998-1627-2024-11-1352-1362
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