Innovation as an Element of Strategic Management Accounting
Strategic management accounts (SMA) is designed to maintain the optimal position of the economic entity in the external environment. Such position is supported through implementation of a set of measures based on the elements and characteristics of SMA which makes it possible to use fully the whole...
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| Format: | Article |
| Language: | Russian |
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Government of Russian Federation, Financial University
2018-08-01
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| Series: | Учёт. Анализ. Аудит |
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| Online Access: | https://accounting.fa.ru/jour/article/view/4 |
| _version_ | 1826566846044700672 |
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| author | T. S. Hudaib |
| author_facet | T. S. Hudaib |
| author_sort | T. S. Hudaib |
| collection | DOAJ |
| description | Strategic management accounts (SMA) is designed to maintain the optimal position of the economic entity in the external environment. Such position is supported through implementation of a set of measures based on the elements and characteristics of SMA which makes it possible to use fully the whole potential of the production system. This system is based on the principles of production efficiency and allows the fluctuations in socio-economic indicators measuring the performance of an economic entity in a certain period of time and in a certain economic zone. A possible way to achieve this effect is to create the company’s reproductive circuit, which has an innovative basis. The reproduction circuit is a set of conditions aimed at the continuous implementation of reproductive processes in relation to the resource potential of an economic entity, which allows and stimulates the introduction in its production process a number of innovation technologies to get additional effect in accordance with the requirements of intensification.The reproduction circuit is divided into external and internal. The former forms a set of external stimulation actions, and the latter is focused on the use of inducing action of information and technological nature, as well as an internal mechanism of the enterprise.Consolidation of the external and internal reproduction circuit determines the efficiency of each production unit of the economic entity, taking into account the speed of its adaptation to the new operating conditions by different parameters.Elements and characteristics of SMA are those functions that make SMA uniquely different from other forms of accounting (management accounting and financial accounting). This article represents the relevance of the analysis of innovations, as one of the elements of SMA. |
| first_indexed | 2024-04-10T04:04:03Z |
| format | Article |
| id | doaj.art-9f3356c68d3a4ea488a53022ea390ee7 |
| institution | Directory Open Access Journal |
| issn | 2408-9303 2619-130X |
| language | Russian |
| last_indexed | 2025-03-14T10:58:08Z |
| publishDate | 2018-08-01 |
| publisher | Government of Russian Federation, Financial University |
| record_format | Article |
| series | Учёт. Анализ. Аудит |
| spelling | doaj.art-9f3356c68d3a4ea488a53022ea390ee72025-03-02T10:45:44ZrusGovernment of Russian Federation, Financial UniversityУчёт. Анализ. Аудит2408-93032619-130X2018-08-0153242910.26794/2408-9303-2018-5-3-24-294Innovation as an Element of Strategic Management AccountingT. S. Hudaib0Russian Economic University named after G.V. PlekhanovStrategic management accounts (SMA) is designed to maintain the optimal position of the economic entity in the external environment. Such position is supported through implementation of a set of measures based on the elements and characteristics of SMA which makes it possible to use fully the whole potential of the production system. This system is based on the principles of production efficiency and allows the fluctuations in socio-economic indicators measuring the performance of an economic entity in a certain period of time and in a certain economic zone. A possible way to achieve this effect is to create the company’s reproductive circuit, which has an innovative basis. The reproduction circuit is a set of conditions aimed at the continuous implementation of reproductive processes in relation to the resource potential of an economic entity, which allows and stimulates the introduction in its production process a number of innovation technologies to get additional effect in accordance with the requirements of intensification.The reproduction circuit is divided into external and internal. The former forms a set of external stimulation actions, and the latter is focused on the use of inducing action of information and technological nature, as well as an internal mechanism of the enterprise.Consolidation of the external and internal reproduction circuit determines the efficiency of each production unit of the economic entity, taking into account the speed of its adaptation to the new operating conditions by different parameters.Elements and characteristics of SMA are those functions that make SMA uniquely different from other forms of accounting (management accounting and financial accounting). This article represents the relevance of the analysis of innovations, as one of the elements of SMA.https://accounting.fa.ru/jour/article/view/4strategic management accounting (sma)innovationsreproduction circuitelements of strategic management accountingmanagement accountingthe concept of strategic management accountingtechnical innovationsorganizational innovations |
| spellingShingle | T. S. Hudaib Innovation as an Element of Strategic Management Accounting Учёт. Анализ. Аудит strategic management accounting (sma) innovations reproduction circuit elements of strategic management accounting management accounting the concept of strategic management accounting technical innovations organizational innovations |
| title | Innovation as an Element of Strategic Management Accounting |
| title_full | Innovation as an Element of Strategic Management Accounting |
| title_fullStr | Innovation as an Element of Strategic Management Accounting |
| title_full_unstemmed | Innovation as an Element of Strategic Management Accounting |
| title_short | Innovation as an Element of Strategic Management Accounting |
| title_sort | innovation as an element of strategic management accounting |
| topic | strategic management accounting (sma) innovations reproduction circuit elements of strategic management accounting management accounting the concept of strategic management accounting technical innovations organizational innovations |
| url | https://accounting.fa.ru/jour/article/view/4 |
| work_keys_str_mv | AT tshudaib innovationasanelementofstrategicmanagementaccounting |