Analysis of State-owned Enterprises Based on Management Accounting

DOI: https://doi.org/10.62517/jse.202411219

Author(s)

Yu Zheng*, Boyang Cai

Affiliation(s)

School of Accounting and Finance, Xiamen University Tan Kah Kee College, Zhangzhou, Fujian, China *Corresponding Author.

Abstract

The purpose of this paper is to analyse the difficulties and corresponding strategies of business-finance integration in state-owned enterprises from the perspective of management accounting. First, it describes the functions of management accounting in state-owned enterprises, including decision support, cost control, performance evaluation and risk management. Then, it analyses the importance of business-finance integration in state-owned enterprises from the perspective of management accounting, including providing comprehensive information, performance evaluation, resource allocation, strategy development and internal control. Then it discusses the difficulties of business-finance integration in SOEs, such as the integration and analysis of complicated data, organizational and cultural problems, obstacles in system construction and information technology support, and difficulties in performance evaluation and incentive mechanism. Finally, it proposes strategies for business-finance integration in SOEs, including the establishment of a unified data standard, the construction of a management accounting information system, and the training and introduction of professional information technology personnel. This study has a certain reference value for promoting the integration of business and finance in SOEs and improving the competitiveness and long-term development capability of enterprises.

Keywords

Management Accounting; State-Owned Enterprises; Industry-Finance Integration; Information System Construction

References

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