Conceptual basis of management accounting

The article proves the necessity of the development of conceptual basis of management accounting. On the basis of the system approach it is formed the concept of management accounting, including: the authors define the category of «management accounting»; determine the place of management accounting in the management information system; operational, tactical and strategic levels are identified in management accounting system; basic elements of management accounting (the purpose, objectives, functions, objects, subject, principles, methods, economic instruments) are structured and the terms are specified.