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As to the strategic allocation of financial resources, the author intends to highlight how management accounting helps to rationalize the activities of organizational managers in allocating the limited resources (as resources are always limited due to the marketing pressure of businesses in the modern competitive environment) within an organization. Here, some specific examples are to be cited to explain such an importance. In the meanwhile, the reason why rational resource allocation is important in the business development will also be explained. In the second place, the importance of the financial evaluation of strategic management is another important topic of this part. Here, the author plans to attach an importance to the practical application of the management accounting tools in the systematic financial evaluation and the rationalization of the financial management of business organizations. Therefore, a conclusion is obtained that management accounting is also instructive for the forecasting and planning of business tasks. In the end, the role of management accounting in monitoring costs (especially managerial costs) will be analyzed in details.

3) The importance of managerial accounting to strategic business management
As the main body of this research, the importance of management accounting to the overall business management will be conducted here to highlight how the management accounting principles are used in strategic business management. Technically, these include the strategic allocation of financial resources within business organizations, the financial evaluation of strategic management based on the guidance of managerial functions of management accounting and also the forecasting and planning of business tasks by the result of financial analysis according to the usage of management accounting tools. In the meanwhile, the author will also explain in details the function of management accounting in monitoring business managerial costs, which is one of the key issues of the sustained development of modern businesses.

According to the analysis, the importance of management accounting to the overall business management at least exists in the following three aspects:

I. Any modern business that wants to be successful in the competitive modern market should closely observe the rules of resource allocation and waste avoidance, which are the two key contents of management accounting;

II. Some major principles of modern management are the result of the practical usage of management accounting in the guidance of organizational management in order to survive in the market competition;

III. The reason why some companies that have failed in the modern marketing competition, to a large extent, lies in the failure of righteously using the principles of management accounting in strategic business management.

4) The role of management accounting in the management of modern businesses
In this part, the author will focus particularly upon investment, which is the key concept of business development under the modern market environment. Also, the focus is explained with the application of the role of management accounting in investment management. The author intended to explain such role from the perspective of the implication of rational investment, the guidance of business pla本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。