Research On Cost Control Of A Coal Company Based On Resource Consumption Accounting

In recent years,with the continuous reform of China's economic system and the gradual popularization of financial intelligence,the coal industry is facing a more complex business environment under the influence of technological development and environmental protection policies.If the coal industry wants to maintain profits in the fierce competition environment,it must pay attention to the cost information.As one of the main sources of national energy,the coal industry takes public ownership as the starting point.The cost control method is too old,which is inconsistent with the actual situation of the rapid development of contemporary enterprises and can no longer meet the needs of enterprise operation and development.Therefore,the innovation of cost control method has become the inevitable development of the coal industry.Effective cost control methods can help enterprises to make reasonable decisions,internal core competitiveness.Most of China's coal industry is the traditional manufacturing cost method for cost control,the operation of the method is relatively simple.Manufacturing cost method takes direct cost as the core,but the business model of the coal industry is changing rapidly,most enterprises have introduced advanced technology to participate in the production of a variety of products,and the indirect cost is gradually increasing.If an enterprise continues to use the manufacturing cost method for cost control,it will lead to serious distortion of cost information,which may lead to improper decision-making,failure to achieve strategic objectives and loss of the enterprise.Resource consumption accounting(RCA)is a new cost control method,which can provide more accurate cost information.Cost information can be tracked layer by layer.Managers can adjust production plans at any time according to changes in market conditions and actual production conditions.They can also help leaders formulate corporate strategies,make pricing decisions and improve business performance,which is in line with the development trend of the coal industry.This paper takes A coal company as an example,conducts A field survey of A coal company,constructs A resource consumption accounting(RCA)cost control system suitable for A coal company according to the actual situation of A coal company,and carries out its application with the financial data and operating conditions in 2019 as the carrier.Through the practical application of resource consumption accounting(RCA)in A Coal Company,it is found that resource consumption accounting(RCA)is suitable for the current operation of A Coal Company and can carry out dynamic control over A Coal Company.