Author: Svetlana A. Boronenkova, Dr. Sc. (Ec.), Prof. of Accounting & Audit Dept.; Anton V. Chepulyanis, postgraduate of Accounting & Audit Dept.

Abstract: On the basis of the integrated approach the authors consider various techniques of strategic cost accounting which is a new direction in the evolving theory and methodology of accounting. The paper reveals techniques’ essence, classifies and systematizes them. Finally, the authors propose their own classification of the product life cycle stages.

Key words: strategic accounting; strategic cost accounting; classification of methods of strategic cost accounting; methodological complexes of strategic cost accounting; elements of methodology for strategic cost accounting; product life cycle; life cycle costing; model of the organization of strategic cost accounting.