Research On Application Of Time-Driven Activity-based Costing In Enterprise A

Cost as the lifeline of business management and development,is very important to enterprise development.As the process of market economy globalization and integration continues to accelerate,the complexity and competitiveness of the market environment has also been deepened,business management concerns the eternal problem is to gain a cost advantage in the grim situation.Only master the precise product cost accounting information can develop a reasonable pricing strategy,so that enterprises can take the price advantage to occupy the market share.Enterprise A is a high-tech enterprise with mechanized production,as the equipment updating speed faster,the proportion of direct materials and direct labor gradually reduced,the proportion of indirect costs higher and higher,therefore the cost information of manufacturing cost method can not provide effective decision for enterprise development.Moreover,because of its own defects the activity-based costing is difficult to adapt to the complex and realistic environment and has not been widely used.Time-driven activity-based costing can adapt to the future development of enterprises and easy to use.This article takes the cost accounting of enterprise A in the manufacturing cost method as the background,introducing time-driven activity-based costing(TD-ABC)into enterprise A,under a new perspective to study the cost of business accounting,designing to provide enterprises with a more effective cost accounting methods,making cost accounting more accurate.First of all,this article introduces the concept and principles of implement cost accounting method in current manufacturing enterprises,which provides a theoretical basis for the introducing of time-driven activity-based costing.Secondly,according to the analysis of enterprise A cost accounting under the manufacturing cost method,finding that the existence of cost information is not accurate enough,existing idle production capacity and other issues,indicating that this method has been unable to meet the needs of the future development of enterprises.Again,analyzes the applicability and feasibility of implementing time-driven activity-based costing in enterprise A.According to the actual situation of enterprise A and analysis of the process,study the application of this method in enterprise A.Compare the accounting for the cost of product under manufacturing cost method and time-driven activity-based costing.Finally,it points out the measures that should be taken to enable enterprise A can implement time-driven activity-based costing successfully.This article mainly has the following research findings: Firstly,Time-driven activity-based costing can reflect the idle capacity of enterprises,the information provided on idle capacity contributes to the efficient use of enterprise resources.Secondly,Time-driven activity-based costing can adapt to the complex and volatile accounting environments,the method is to simplify the complex business accounting process through the time equation.Thirdly,time-driven activity-based costing can provide more accurate cost information to help enterprises make reasonable decisions,thereby reducing decision-making risk.Finally,Time-driven activity-based costing is a more efficient method of accounting because it makes up for the lack of manufacturing cost and activity-based costing.