STRATEGIC MANAGEMENT ACCOUNTING: A THEORETICAL REVIEW AND SUGGESTED FUTURE RESEARCH DIRECTIONS

Abstract

In the context of increasingly intense global competition and a constantly evolving business environment,
enterprises require effective management tools to support strategic decision-making. Strategic Management Accounting (SMA) is regarded as one of the advanced tools that provides multidimensional information for strategic planning and control. This paper presents a systematic review of the theoretical foundations of SMA, including the development of its conceptual framework, key techniques, and its role in modern business management. Furthermore, the study identifies gaps in current research and proposes several promising directions for future studies, particularly in the context of businesses operating in emerging economies. The findings contribute to the refinement of SMA theory and broaden the potential for practical application in strategic business management.