Research On Cost Management Optimization Of ZY Company Based On The Integration Of Industry And Finance

With the increasing competition in the manufacturing industry,effective cost control is the cornerstone of enterprise survival.The Basic Guidelines for Management Accounting issued by the Ministry of Finance clearly states that the management accountants of enterprises should adhere to the four basic principles of strategic orientation,integration,adaptability and cost-effectiveness,and use different management and accounting methods and methods based on different fields,levels and links of enterprises,so as to effectively integrate financial management and business management,and participate in the planning,decision-making Control and evaluate activities,and provide useful information for them to promote the strategic planning of the unit,improve the company’s operating level,and promote economic transformation and upgrading.At the same time,affected by the epidemic,not only manufacturing enterprises are facing the problem of rising labor costs,but also the acquisition of raw materials and fuel is also affected,and the market competition is becoming increasingly fierce.Therefore,manufacturing enterprises must carry out effective cost control.This paper uses case analysis and literature research methods to study the subject.First of all,collect and analyze the data of industry-finance integration and cost management methods to provide theoretical support for the following article.Secondly,according to my work in ZY Company,I learned about the case company on the spot to obtain information,collected the main business,business costs and historical data of ZY Company,and analyzed the current management status of the enterprise’s pre-cost budget,in-process cost control,post-cost analysis and assessment.Then,based on the deficiencies of current cost management,the integrated management method of industry and finance is introduced,and an effective cost management optimization plan is formulated in combination with the company’s development needs.Finally,the paper puts forward the guarantee measures that ZY Company should take to successfully use the concept of industry-finance integration to complete cost management,and discusses them from three levels of cost budget,cost control and cost assessment,in order to strengthen the sense of responsibility of employees,improve the level of enterprise management,and comprehensively control the cost from system to personnel.This paper draws the following conclusions: In order to achieve the integration of industry and finance in the whole process of cost management,enterprises should take the optimization of process as the primary means,and the optimization of financial information and human resources as the guarantee.The target cost method is adopted to make the cost budget preparation of enterprises more specific and detailed,so as to clarify the cost management responsibilities of enterprises.Through the optimization of the internal and external value chains of the enterprise,the internal and external value chains of the enterprise will be more closely linked,so as to achieve the requirements of cost saving,improving work efficiency,and ensuring service quality,so as to gain advantages in the fierce market competition.