| With the continuous development of social economy,the rapid development of China’s insurance market is accompanied by increasingly fierce competition.The price competition among insurance companies has become white-hot.At this time,cost control ability becomes very important,which can effectively enhance the competitiveness of enterprises.As an alternative to Activity-Based Costing,Time-Driven Activity-Based Costing(TDABC)can provide accurate information and effective guarantee for the improvement of enterprise cost control ability.Studying the application of TDABC in property insurance companies can not only enrich the practical application cases of this method,but also provide experience for the cost accounting model of grass-roots companies in property insurance industry.This paper combs the relevant literature of TDABC,analyses the relevant principles and the characteristics of the applicable industries,and compares the three time-based methods of TDABC.Based on theoretical analysis,this paper designs the application scheme of TDABC in property insurance companies,and constructs a suitable time equation model.Time in the model is reflected in two forms:quantitative and interval.Two coefficients are added according to the correlation between time and employees or customers,and the determination time of process consumption can be obtained by calculating the coefficients.This paper takes T company as an example to carry out application analysis,combined with field research,and finds that the cost calculation method currently used by T company can not really show the indirect costs of various insurance types.Therefore,this paper applies TDABC to reconstruct the cost in T company.By comparing the cost information of TDABC with that of the original costing method,this paper draws the following conclusions:property insurance companies can use TDABC to reflect the cost information of insurance more truthfully than traditional cost method,and TDABC can also reflect the value-added information such as idle production capacity,so as to provide better information support for management decision-making. |
