The New Optical View Of Managerial Accounting--Time Management

The application of computer and Internet have changed time concept of enterprises. Time turns into important and precious resource of enterprise, and becomes the key link of value chain. From the economic point of view, it is only essential productive factor that can't add value. Time couldn' t consume itself, but the opportunity cost resulting from set-aside of resource and information has been wasted during some time. As a kind of invisible economic resource, it is an important cost driver, and a kind of synthetic targets, which reflect the efficiency and benefit of enterprise business. Accounting must develop corresponding technology of optimized serving for time in order to offer decision support for business administration. How to help administrative authority carrying on time management becomes an important question for study in accounting field. This article, collecting and arranging the relevant data of recent years on time management, carry out qualitative analysis and quantitative analysis by means of analyzing, synthesizing, inducing and deducting methods. At the same time, through drawing support from Managerial Science, Managerial Economics and Managerial Accounting etc., I make a systematic exposition on the application of accounting skills to time management, and deeply dissect the technological terms of time management?Just-in-Time Production System. I wish my study on this field could be an important part of the scientific system of time management.