The Practical Application of Strategic Management Accounting

Abstract

Reform and innovation, improved performance and efficiency are key ways for companies to progress. With the help of strategic management accounting, the risks brought by uncertainties can be basically solved successfully. In order to solve the current bottlenecks encountered by Chinese enterprises in the development process, this paper conducts a case study of typical domestic enterprises applying SMA management to investigate the current situation and effects of SMA application. At the same time, the paper further analyzes the performance of typical cases based on the economic perspective. The research results show that SMA management method can help enterprises deal with some risks brought by uncertainty factors, and at the same time can effectively improve the performance of enterprises, which is of somewhat important practical significance to the sustainable and healthy development of enterprises.