Strategic Management Accounting Legal Aspects and Practical Significance

The article considers the issues of substantiation and development of strategic management accounting model focused on the British American concept Management accounting is to give top management answers to the questions about real income and real expenses of their business about the amount of actually earned profit on total assets of the organization the composition of the assets and owners equity at any given time In this regard a problem turns up in submitting existing accounting information to the relevant consumers in those formats which are necessary for each of them To make this information accessible each consumer should be prepared for its perception and use in managerial decision making to the extent necessary To achieve this objective in the course of the study a task was formulated to describe the current status and features of strategic management accounting formation in the world practice and in the Republic of Kazakhstan to justify the objective prerequisites for the formation of management accounting elements by systematizing development stages of organizational and methodological foundations of its functioning