Anthony Giddens is generally considered one of the most prominent sociologists of modern time. In this paper, we draw upon a micro-process case study to explore how his theory of structuration (ST) can be used to analyze the interplay between strategy and accounting in day-to-day-organizational life. In short, we find that strategizing and accounting should not be viewed as two separate practices, but rather as two aspects of one and the same practice, which form and feed each other in a recursive manner over time. Based on these findings, we also elaborate on how ST may be usefully applied to understand continuity and transformation of strategizing practices more generally. An overall conclusion is that ST not only provides a strong and consistent ontological framework for theorizing about these practices, but also offers a rich conceptual toolbox which can be usefully applied to better understand how and why structural continuity and change may coexist and intermingle in daily organizational life.