THE INTEGRATION STUDY OF MANAGEMENT ACCOUNTING TOOLS BASED ON ENTERPRISE STRATEGY MANAGEMENT

Abstract

Management accounting tools research belongs to the Management accounting system. In recent years, researches on management accounting tools are relatively independent, ignoring the characteristics that their roles in the region have both overlapping and intersecting, which cannot play integration effect. To solve this problem, this paper focuses on the integration of Balanced Scorecard, comprehensive budget management, Economic value added and Activity-Based Costing, emphasizing the enterprise management accounting tools should be used in a "combination punches forms’’.

The research methods used in this article include literature analysis methods, practices theoretical research methods, summarized and comparative research methods. Paper starts from the management accounting tool application in the enterprise. First, it analyzes the enterprise in which large international and domestic environment; then studies their own characteristics and common; followed by this, conjunct with the strategic management track to do the management accounting tool integration. Finally, do a systematic analysis to the integration framework, and in order to demonstrate the operability of the integration framework, the paper conducted an application design about the integration framework used in TCL strategic management.

The essence of the management accounting tools is to manage the resources and the activities. The key to the successful implementation is to establish and foster a proper culture of corporate governance, so owners and operators, managers and employees, social responsibility and corporate responsibility can achieve a good unity. The integrated framework does not directly provide the model to be used, companions can apply the integration framework according to the actual situation inside and outside.

Research on management accounting tools integration, in theory, help improve the management accounting system; in practice, not only conducive to the scientific of business management, but also effectively reduce costs, improve value creation and core competitiveness.