Application of management accounting in enterprises

Practical thinking on the application of management accounting in enterprises Paying attention to the development of management accounting can improve the management level and core competitiveness of enterprises. Therefore, it is very important to establish a management accounting system suitable for China's national conditions and the characteristics of this enterprise.

Management accounting is a process of confirming, measuring, accumulating, analyzing, processing and transmitting the information used by management authorities for internal planning, evaluation and control of an organization, so as to ensure the utilization of its resources and assume economic responsibility for it. The formation and development of management accounting is to adapt to market competition, meet the internal management of economic organizations and improve economic benefits.

It is a branch of modern accounting separated from traditional accounting and developed, which has made great contributions to the development of accounting. Judging from the content of management accounting, he completely broke through the shackles of traditional accounting, widely absorbed modern behavioral science, management science and system theory, and formed a comprehensive multidisciplinary science. It is not only a branch of accounting, but also an integral part of enterprise management.

Functions of management accounting:

The main function of management accounting is to establish various accounting control systems in order to improve the economic efficiency and benefit of enterprises, and to compile all kinds of data and materials needed for internal management accounting of enterprises. In other words, management accounting is to use appropriate concepts and techniques to process the historical or predictive economic data of a single enterprise, so as to achieve the purpose of anticipating economic prospects, participating in economic decision-making, planning business objectives, controlling economic processes and evaluating business performance.

At present, the application of management accounting in enterprise management in China is at a critical turning point. It is urgent to sum up and perfect the past experience and form a management accounting theory and method system with China characteristics.