Integrative Strategies in Financial Management: Bridging the Gap between Managerial Decision-Making and Accounting Practices

Hangming Zhang, Xin Zhong, Xinghui Wei

Abstract


This article explores the integrated strategies and their importance between financial management and accounting
practices in the modern business environment. The article first analyses the theoretical basis of financial management
decisions and the importance of data accuracy and compliance in accounting practice. It then demonstrates, through real-life
examples, how integrated strategies can achieve effective integration between management decisions and accounting practices
in different business environments. The article also discusses the challenges in implementing these strategies, such as
technology integration, organisational culture adaptation, compliance issues and data security. Finally, the article provides a
future-oriented outlook and recommendations, emphasising the importance of technological advances, a global perspective,
continuous risk management and support for sustainable development.

Keywords


Financial Management; Accounting Practice; Comprehensive Strategies

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DOI: https://doi.org/10.18686/aat.v5i4.2114

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