The main approaches to the theory of management accounting in international practice

The relevance of the research is dictated by the modern needs of the development of management accounting theories. The main approaches to the theory of management accounting ensure its development as an integral system that determines organizational and methodological capabilities. The purpose of the research is to reveal the main approaches to the theory of management accounting in international practice. The author concluded that at the heart of the foreign approach in the theories of managerial accounting, the key emphasis is placed on the term "managerial", Russian scientists focus on the term "accounting". This is explained by the fact that, in foreign enterprises, management accounting is used for analysis, planning and more accurate decision-making, and in Russian enterprises - to obtain reliable, transparent and objective data. The author suggests understanding management accounting as "making management decisions through the cost and profit accounting system, through analysis, planning and conclusions obtained".