Abstract
The article considers a comprehensive methodology of innovative paradigm of management accounting, which takes into account the functional design of information and analytical support of the innovation process that is the foundation for expanding tools and determinants of controlling in the socio-ecological and economic space of entrepreneurship. The maximum possible amount of organized information data is substantiated. It considers the individual features of the management accounting model for decision-making to form the determinants of controlling development with the probability of turning it into a strategic resource aimed at ensuring a stable business, taking into account socio-environmental and economic factors. The model of development of the innovative theory of the administrative account from a position of meaningful enrichment is presented. It is proved that the subject of management accounting with an innovative aspect is the process of managing transaction and innovation costs, which strengthen the development strategy of business entities. Indicators of management accounting, which is formed into a three-component part of business development – social, environmental, economic – as a basis for an integrated assessment of the level of activity of entities in a particular area or industry. A detailed veil of monetary and natural innovative components of management accounting with a focus on the past and future is presented. The intellectual resource and its derivative benefit - intellectual rent is proposed to study in the plane of the philosophy of human-centeredness and with an emphasis on professional knowledge in time, which is obtained by a person. The method of controlling effectiveness is substantiated, which forms a synergistic effect of interaction of functional components of controlling and coherence of their goals.
Highlights
Business success is achieved through the optimal ordering of the set of components of business entities
We conducted a detailed visualization of monetary (MIMA) and natural (NIMA) innovative components of management accounting with a focus on the past and future in the socio-ecological and economic space of the micro level with different types of management decisions (Table 1)
We have identified the areas of entrepreneurial activity of industrial entities that affect the formation of controlling goals in the future, provided the use of innovative components of management accounting
Summary
Business success is achieved through the optimal ordering of the set of components of business entities (organizational, economic, technological, etc.). Lack of clear scientific recommendations for the implementation of effective management accounting tools in various forms and types of entities leads to the deterioration of internal accounting systems and the quality of information flows. The trend of artificially created concept of management accounting is limited by the norms of international standards formed on the basis of the global economy. The economy needs a different account – a scientifically sound innovative paradigm of management accounting in the socio-ecological and economic space. There is a need for a balanced theoretical and methodological accounting, in which the management component is its basis. Building management accounting on the principles of synergy of methodology, tools and methods should reveal the ability to identify and record transactional and intellectual costs generated by the new theory of innovation
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
