During the past few years, we have seen a significant shift in cost accounting and management. In the new business environment, cost management has become a critical skill, but it is not sufficient for simply reducing costs; instead, costs must be managed strategically. Application of a successful strategic cost management (StraCM) system plays the significant role in success of organization performance. In this study, we want to illustrate how the goal programming model in combination with

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... s of the StraCM can affect in improving organizations' performance and optimize cost management decisions making. For this, we present a conceptual model with an integrated approach of balanced scorecard, activity based costing and goal programming model. Then for evaluating the proposed model, a numerical example with its solution procedure will be illustrated.