The essence of strategic management reporting and approaches for its formation

The definition of accounting, management and internal accounting provided by different authors are investigated in the article. Own interpretation of the term "strategic accounts" is grounded and formed on the basis of existing definitions. The essential elements of the concept of "strategic management reporting" and the basic requirements for its formation are described. The goal of the creating strategic management accounting and tasks what are solved in its system and the functions of the system are formulated. The concept "reporting form and format" is investigated, generalized understanding of the essence is proposed, the differences between them are accented.