Research On The Applying Of Management Accounting Tools In HK Group Company

Management accounting,as a comprehensive interdisciplinary based on new and modern scientific management,is playing a more and more important role in the modern enterprise management.Especially since the “guidance for the overall promotion of the construction of management accounting system” issued by the Ministry of Finance in 2014,management accounting was placed at the center of the stage of financial management to become the important tool for enterprise management.HK Group Company is a state owned mega corporation of high technology under the direct supervision of central government.As a pioneer practitioner of management tools,the group company universally pushed forward the application of comprehensive budget management.Some of its subsidiary units also autonomously practiced the management accounting tools such as management forecast,etc.,which has significant effect on assistance in the development of the enterprise economy.However,in terms of systematic application of management accounting tool and efficiency,there are still problems to resolve regarding that what kind of problems are existing;how to promote the application experience;and how to further promote and deepen the application.In this paper,taking the application of management accounting tools in HK Group Company as the research subject,and based on the consultation of the domestic and foreign research achievements as well as relevant theoretical analysis,by means of questionnaire method and interview,HK Group Company carried out the analysis on the current status of the application of the management accounting tools and major questions.Based on the results of the questionnaire survey,This paper mainly finds out the specific problems existing in the application of budget management,business forecast,investment decision-making,performance management,which are generally agreed to play a greater role in the operation by the units affiliated to HK Group Company,and briefly analyses the causes of the problems.On the one hand,It summarizes the advanced application experience,and establishes effective value performance management tools.The further research on the application of management accounting tools in HK Group Company is helpful to resolve practical problems;to promote application experience;and to the further construct the application system of management accounting system in HK Group Company.The ultimate benefit is that the transform and update of the financial management in HK Group Company are pushed forward to improve the financial management capacity.