Study Of The Application Of Time-driven Activity-Based Costing In Thermal Power Enterprises

The power industry of China has made great progress with the continuous development of social economy.However,according to the analysis of power market data in recent years,the average utilization hours of thermal power equipment has reached 4329 hours which is the lowest level in history,due to the slowdown of power demand and the continuous increase of new energy capacity.Low-power operation of thermal power equipment will not only increase the cost of power in disguise,and will produce additional environmental pollution.Therefore,the correct management of power cost and scientific decision not only will have great significance for thermal power enterprises and will have a significant impact to national development and environmental protection in the dual influence of market environment and ecological environment.In the background of the comprehensive power system reform and fierce competition of power market,this paper takes the thermal power enterprises as the research object and applies the time-based activity-based costing model to the cost management of thermal power enterprises.First of all,based on the study of relevant literature,it is found that the research on the time-based activity-based costing method mainly lies in the basic theory explanation and the application of some industries but lack of research on its application in thermal power enterprises.So this article not only deepen the theoretical research,and widen the application field of research.Secondly,on the basis of analyzing the basic concepts and principles of cost management and activity-based costing,and combining with the current status of cost management in China's thermal power enterprises,this paper argues that it is necessary to apply Time-driven activity-based costing to cost accounting under the external market and policy environment and internal management requirements.And the existing theoretical basis,practical experience and the conditions of thermal power enterprises can meet the requirements of implementing the time-based activity-based costing method.On the basis of the above analysis,this paper studies the steps,basic model and corresponding accounting system of the time-based activity-based costing in the thermal power enterprises by combining the basic theory of the time-based activity-based costing with the characteristics of the thermal power enterprises.In the pilot phase,this paper takes the thermal power enterprises maintenance department as a pilot unit to study the specific application of the model;in the implementation of the promotion phase,this paper studies the improvement of the model in model updating,seasonal and peak capacity pricing and the total cost of the department,and the application of the model in budget management,business process management,customer relationship management and real-time cost management.In the end,this paper puts forward some suggestions on how to implement the time-based activity-based costing method in China's thermal power generation enterprises from the aspects of enterprise management,model design and application,basic information system and system guarantee.As the advanced cost management method in the world,the advantage of ABC is very obvious.But we must realize that the activity-based costing and the time-based activity-based costing are all developed from abroad,so we should promote and absorb advanced management ideas,develop the cost-benefit trade-off cost allocation and management system suitable for China's enterprises and cultural characteristics on the basis of our corporate culture and the actual situation.