How to design the path to realize the transformation from traditional accounting to management accounting

1, scientifically define the boundary of management accounting.

The core functions of management accounting can be defined as budget management, cost management and performance evaluation. Financial accounting should provide information support for internal management, let management accounting have information support, and let financial accounting be transformed into management accounting.

2. The transformation of financial accounting personnel should start from enjoying services.

Enterprises can outsource accounting work from external financial service centers, or set up an independent financial service center to serve enterprises. The main function of the center is centralized accounting for standardized and repetitive business within the enterprise, which will greatly improve the labor efficiency of staff and facilitate the transformation from financial accounting and personnel to management accounting.

3. Enterprise organizations need to change from hybrid to integrated.

Based on the consideration of existing institutions, the functions of budget and final accounts and financial management should be fully separated, and the management accounting department should be given independence. Enterprise accounting is closely related to production and business activities. After the establishment of independent management accounting department and financial accounting department, they should be organically integrated in production and business activities.

4. Strengthen the education and training of accounting personnel.

Management accounting requires higher quality of personnel. At present, the quality evaluation system of enterprise personnel is mostly limited by financial accounting. In order to popularize management accounting, it is necessary to cultivate management accounting professionals.