STRATEGIC MANAGERIAL ACCOUNTING AND BALANCE SCORE CARD

Strategic Managerial Accounting is an accounting-organizational solution for relatively independent, appropriate to strategic goals, accounting-information data base and strategic managerial calculus directed towards the top management in order to choose, develop, realise, control and change competitive strategies. To make a proper decision related to strategy, the enterprise needs to obtain adequate information. Official accounting-financial statements do not satisfy those needs, thus a new system is required to measure performances produced by Strategic Managerial Accounting and known as Balance Score Card.

Key words: Strategic Managerial Accounting, strategy, management, Balance Score Card