Strategic management accounting works in tandem with other organizational departments to create value for consumer goods and services. Business owners use strategic management accounting to review the costs associated with these activities to ensure the company does not lose its relative cost position. Strategic management is both an art and science of formulating, implementing, and evaluating, cross-functional decisions that facilitate an organization to accomplish its objectives. like assignments you can get from us we have a good team of authors that make you sure that you are getting the best content. The purpose of strategic management is to use and create new and different opportunities for the future.