Abstract

The researcher concluded from the above that accounting aims to provide financial information to those outside the company or organization, such as investors. It also aims to provide financial information that will help company managers make appropriate decisions that are in the best interest of the business. We conclude from the second section that strategic decision-making is a complex process involving several factors, such as financial statements, risk assessment, economic conditions, organizational objectives, etc. The characteristics of strategic decisions include the need for accurate and reliable information, consideration of multiple options, assessment of potential risks and benefits, and the need for effective communication and collaboration among stakeholders. In addition, financial decisions can have a significant impact on a company's financial performance and long-term success. Therefore, decision-makers need to carefully evaluate all relevant factors before making a final decision. The third section also concludes that accounting plays an important role in strategic capital budgeting decisions, given the information the management accountant controls and utilizes using a variety of methods and measurement techniques. This allows them to assist management in streamlining these decisions.  This plays a significant role, particularly with regard to the size and timing of receipt of funds allocated for investment projects. Management assesses the timing of receipt of funds, as well as monitors and controls the implementation of these decisions. Beyond this role, the accountant plays a significant role in consultative decision-making at every stage of the decision-making process. It is acceptable to engage with stakeholders in exploring various alternatives in terms of their costs, revenues, and the economic viability of the project, with the aim of enabling the decision maker to make the right decision. The accuracy of the results depends on the accuracy of the associated information.