Responsibility Accounting Practice Research Of Zhuzhou Electromechanical Technology

In today’s increasingly competitive market environment, it is needed to establish a healthy and efficient internal control system for every company in order to enhance its competitiveness, to become the main market competitor, to maintain competitive advantages and to achieve sustainable development. Responsibility accounting system is part of the internal control system.They are founded to clarify the responsibilities and to assess each responsibility center operating condition, in order to enhance the work responsibilities and to motivate Employees. Therefore, promoting the responsibility accounting system vigorously, and building the responsibility accounting system effectively has become the inevitable choice for companies.The responsibilities accounting is based on some theories including decentralized management theory, behavioral science theory, information economics theory, control theory and agency theory. The basic elements of responsibility accounting system involve the responsibility center, the responsibility cost, the responsibility budget, the responsibility profit and the responsibility assessment. The responsibility accounting follows a series of principles such as the combination of responsibilities, the rights and interest, the consistent goal, the fairness,the motivation. And it was constructed on the basis of establishing the responsibility center, compiling responsibility budget and responsibility control.This paper introduces responsibilities accounting occurrence, development process some theories, and uses case studies to analyze the current situation and practical problems. The paper selects Zhuzhou Electromechanical Technology Company for the study. At first, we analyze the current situation to find some practical problems. Secondly, we build a feasible scheme as the practical applications of responsibility accounting with the current need of the cost reduction, so that it can improve and contribute to the further optimization of company responsibility accounting. Finally, we evaluate the advantages of the scheme, in order to provide references for further improvement of the responsibility accounting.