scholarly journals A framework for strategic management accounting in a commercial bank

2021 ◽  
Vol 27 (2) ◽  
pp. 402-416
Author(s):  
Anastasiya G. TISHCHENKO
Keyword(s):  
Comparative Analysis ◽  
Strategic Management ◽  
Commercial Bank ◽  
Commercial Banks ◽  
Management Accounting ◽  
Strategic Management Accounting ◽  
Methodological Approaches ◽  
Developing Area ◽  
Definition Of ◽  
Methodological Aspects

Subject. The article addresses the methodological basis for strategic management accounting in commercial banks. It considers its difference from other forms of accounting. Objectives. The purpose is to review and systematize methodological approaches to the definition of strategic management accounting and define specific methodological aspects of using it in commercial banks. Methods. The study rests on the method of comparative analysis. Results. The paper covers two main approaches to the definition of strategic management accounting. The first approach is based on the consideration of strategic management accounting from the perspective of strategic management, the second one proceeds from the premise that strategic management accounting is an updated version of management accounting. Furthermore, the paper analyzes the opinions of various researchers on the definition of the strategic management accounting category and the relevance of implementation of management accounting in a commercial bank. Conclusions. Strategic management accounting is one of the most promising and developing area of management accounting that helps businesses to succeed. The findings may be useful for scholars and practitioners, wishing to better understand the theory of strategic management accounting.

scholarly journals Methodological approaches to the comparative assessment of commercial banks

2019 ◽  
Vol 16 (2) ◽  
pp. 45-56
Author(s):  
O. A. Shikhova ◽  
M. N. Selina
Keyword(s):  
Commercial Bank ◽  
Commercial Banks ◽  
Comparative Evaluation ◽  
Banking Sector ◽  
Alternative Methods ◽  
Multidimensional Complex ◽  
Methodological Approaches ◽  
Cluster Allocation ◽  
Methodological Aspects ◽  
The Mathematical Model

In the article the basic methodological aspects and the results of approbation of alternative methods of complex comparative evaluation of reliability level of commercial banks are considered through the example of subjects of the banking sector in the Vologda region. On the one hand, the reliability of a commercial bank is the key criterion of soundness of banking system in general, and on the other, the foundation for a bank formation today and its prosperity in future. Consequently, in the current ambiguous financial conditions characterized by tough competition between credit-financial institutions a question of study and improvement of evaluation methods of the reliability of a commercial bank rises. . Study purpose: The purpose of this study is the introduction of the basic methodological aspects and the results of approbation of alternative methods of complex comparative evaluation of a reliability level of commercial banks through the example of subjects of the banking sector in the Vologda region. Materials and methods: the study was carried out based on building of the mathematical model, consisting of financial indexes, to each of which a relative share was assigned by expertise, and the following rating; multidimensional complex comparative evaluation; cluster allocation. The starting data for these studies was the 30 credit organizations reference book published in the official website of the Central Bank of the Russian Federation. Results: According to the received results the different approaches to making ratings of credit organizations used by us gave similar outcomes. This fact indicated the high degree of adequateness of the methods. For the objective evaluation we suggested and tested different methodological approaches to making ratings according to such qualitative characteristic of a commercial bank as reliability. In our study we used: the mathematical model consisting of financial indexes to each of which a relative share was assigned by expertise, and the following rating; multidimensional complex comparative evaluation; cluster allocation. That allowed, firstly, doing comparative evaluation of reliability while making rating, secondly, ranging banks by different problem blocks, thirdly, classifying the objects of the study according to their financial characteristics, fourthly, defining the main factors influencing the ranging of banks. The received results of methods approbation are the additional information to the ratings published by the leading rating agencies and the Bank of Russia which allows reasonably making decisions by choosing the best possible reliable credit organization. Conclusion: According to the studies the sizes of a commercial bank not always prove its stability, liquidity and operating efficiency. Analyzing the ratings of credit organizations by an absolute index we came to the conclusion that it was not enough to take into consideration only the volumes of activity of an organization though it is of no small importance. Therefore, in order to receive a realistic rating it is necessary to use different methods which will complement one another and give more definite result of a set task.

Strategic Management Accounting

2021 ◽  
pp. 1-29
Author(s):  
Sorinel Căpușneanu ◽  
Dan Ioan Topor ◽  
Dana Maria (Oprea) Constantin ◽  
Cristian Marian Barbu ◽  
Mihaela Stefan Hint
Keyword(s):  
Decision Making ◽  
Strategic Management ◽  
Management Accounting ◽  
Decision Making Process ◽  
Managerial Decisions ◽  
Strategic Management Accounting ◽  
Management Accountants ◽  
The World ◽  
Methodological Approaches ◽  
Managerial Level

This chapter deals with some dimensions of strategic management accounting, including the instruments with which they operate and interconnect in order to make managerial decisions. The main objectives of this chapter are to present the general approaches of the concept of strategic management accounting, the dimensions of the application of strategic management accounting, and the strategic tools used by companies in establishing strategies and making decisions. Based on the specialized literature, the authors present the most significant theoretical-methodological approaches to strategic management accounting, the participation of management accountants in the decision-making process, the tools used by strategic management accounting. All aspects presented by the authors are based on existing literature, university studies, and specialized literature from around the world. The chapter concludes with the conclusions of the authors regarding the dimensions and implications of using the specific tools of strategic management accounting for decision making at managerial level.

scholarly journals STRATEGIC MANAGEMENT ACCOUNTING AS A TOOL TO PROMOTE COMPETITIVENESS AND EFFICIENCY OF THE ACTIVITY OF THE ENTERPRISE

2017 ◽  
Vol 9 (3) ◽  
Author(s):  
N. Kuprina
Keyword(s):  
Strategic Management ◽  
Management Accounting ◽  
The State ◽  
Market Conditions ◽  
Foreign Experience ◽  
Strategic Management Accounting ◽  
Definition Of ◽  
Market Relations ◽  
Objective Necessity

Approaches to the definition of essence of strategic management accounting in scientific works ofnational and foreign scientists are considered. The objective necessity of its application at the enterprises ofUkraine in the current conditions of the state and development of the economy and market relations whichrequires the expansion of the range of its objects and methods of management accounting aresubstantiated. The necessity of adaptation of foreign experience of organization and introduction of strategicmanagement accounting, are considered application of methods of its management to national economicand market conditions, taking into account specificity in Ukraine. The place of strategic managementaccounting as an instrument in the system of management of the efficiency of their activities andcompetitiveness in the present conditions is given.

Developing the adaptive process-based budgeting through TD-ABC and TD-ABB as part of strategic management accounting

2020 ◽  
Vol 23 (10) ◽  
pp. 1182-1194
Author(s):  
A.A. Akhmetzyanov ◽  
A.Yu. Sokolov
Keyword(s):  
Strategic Management ◽  
Cost Allocation ◽  
Management Accounting ◽  
Practical Significance ◽  
Common Time ◽  
Strategic Management Accounting ◽  
Scientific Papers ◽  
The Subject ◽  
The Common ◽  
The Cost

Subject. The article focuses on the advanced time-driven tools for allocating overhead expenses, which are based on process-based budgeting. Objectives. We articulate a technique for cost allocation so as to assess the cost of each process with reference to the common time driver. Methods. The study relies upon methods of systematization, classification, analogy and comparison, and summarizes the scientific literature on the subject. Results. The article presents our own suggestions on implementing TD-ABC and TD-ABB into the strategic management accounting process of developer companies. The principles were proved to help more effectively allocate overhead expenses and assess the capacity load of each process performed by functions, departments and employees. Carrying out a comparative analysis, we found certain reserves for utilizing resources more effectively. Conclusions and Relevance. The findings are of scientific and practical significance and can be used by developer and construction businesses. The conclusions can prove helpful for scientific papers, student books, and further research.

Strategic Management Accounting – Overview of Current Problems and Perspectives

2019 ◽  
Vol 11 (1) ◽  
Author(s):  
Mariya Pavlova ◽  
◽  
◽  
Keyword(s):  
Strategic Management ◽  
Recent Literature ◽  
Management Accounting ◽  
Current Work ◽  
Traditional Management ◽  
Strategic Management Accounting

Strategic management accounting is considered a fast developing scientific sphere, part of the traditional management accounting. However, recent literature has increasingly criticized various aspects of strategic management accounting. Therefore, the aim of the current work is to identify the reasons behind these critics and propose ways to overcome them.

Sign in / Sign up

Export Citation Format

Share Document