Work

The role of accounting in strategic business decision making

Year: 2024

Type: conference-paper

Abstract: The accountant plays a crucial role in strategic decision-making, managing economic information and contributing to planning, problem solving and risk assessment. Financial reporting and strategic decisions are closely linked to management accounting, which provides details of costs and profitability, contributing to informed decision making and effective financial planning to implement organisational strategies.

DOI: 10.53486/issc2024.45

Authors: Lilia Glazunova, Marina Salcutan

Language: English

Topic: Accounting and Organizational Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: gold

OpenAlex ID: W4410613754

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