Research On The Application Of Application Guidelines For Management Accounting-Cost Management In The Iron And Steel Enterprise

As the “cornerstone” and “industrial food” of the manufacturing industry,steel provide raw materials and equipments for most manufacturing industries,which affecting the development of a country's manufacturing industry,playing a pivotal role in various industries.Nowadays,China's iron and steel enterprises have been struggling,and problems such as overcapacity and excessive internal cost have seriously hindered their development.In 2009,our country has issued the policy and tasks on resolving backward production capacity;In 2015,on the central leadership group meeting,they made the steel industry as the key area for “capacity reduction,de-stocking,deleveraging,cost reduction,improving underdeveloped areas”.So,how to effectively reduce capacity and costs,to make enterprises sustainable development have become the key issues that the steel industry needs to solve urgently.With the advent of the information age,traditional cost accounting methods have long been unable to meet the requirements of enterprises for cost management,and the management accounting system has emerged.Although the research on management accounting and cost management is very extensive at present,the application practice of management accounting tools in cost management is not much in our country.Most of them stop at the theoretical research or the application case analysis of a specific tool in a company,which are not universality and enough referential.In view of this,this paper takes the steel enterprises as an example,based on the "Management Accounting Application Guidelines-Cost Management",and conducts a systematic study on the application of cost management tools in steel enterprises,in order toprovide reference for the implementation of relevant policies and the practice of enterprises using the cost management tools in Chinese.The article first introduces the relevant theories of management accounting and cost management tools,and then based on the analysis of the basic connotation of "Management Accounting Application Guide-Cost Management",introduced the significance of using management accounting tools to strengthen cost management.Then,it combined with the present situation and characteristics of the industry,elaborated the macro-micro environment,requirements and procedures for the application of the guidelines in steel enterprises.Next,taking the listed companies in Chinese steel industry as an example,studied the application of the cost management tool method between 2015 and 2017 and t analyzed he reasons.Then designed the index system and build the model to evaluate its application effect,and put forward the related countermeasures and suggestions for the problems found in the previous,such as expanding the scope of cost management,building a modern cost data processing platform,and building an evaluation system combining cost and performance,etc.Finally,made a summary for this paper,and proposed the innovations,deficiencies and prospects for future researches.