A Research On Application Of At Company's Management Accounting Reports

Since many years'development and revision, reaching maturity, there have been financial reporting standards and regulations which are generally accepted and enforceable. However, in practice, significant conflicts between financial information and management demands are caused by accounting principles, standards and tax laws resulting in low efficiency and information distortion.As it was born to be, management accounting appeared targeting to provide decision-making information about business administration. Management accounting first arose in western countries and has got constantly development. In 1924,, written by Mr. Mckinsey from America, advocated that the focus of business accounting should change from reporting to outsiders to management accounting supporting inside decision-making information. Management accounting reports introduce results of financial reports directly while ignoring the limitation of accounting standards and laws, so they can provide timely, effective, and detailed information for managers'decision-making.The author joined the AT Company in end of 2002 and then found that financial reports were complained and criticized by all including the managements because they could not afford exact profit-loss information of the enterprise. Then the author attempted to establish the company's management accounting reports. This report does a better job in recognizing revenues, profit-loss calculation and providing decision-making information than single financial reports. With the company's development, the management has more requirements on the management accounting reports.To satisfy the new requirements, on the basis of the old ones, combining the reality about management accounting with theoretical trends, the author submitted a new type of report system of consolidation of multiple accounting entities, budget and performance appraisal.This article's research has differences from traditional specified management accounting reports or similar special subject activities. On the basis of financial reports, the management accounting reports make adjustment to related data and get the company's actual operating information and synthesize management accounting's basic theories and methods like responsibility accounting and budget management etc. reflecting the enterprise's overall and actual running situation which meets the demands of the management.