Welcome to Francis Academic Press

The Frontiers of Society, Science and Technology, 2019, 1(10); doi: 10.25236/FSST.2019.011020.

The Transformation and Development of Financial Accounting to Management Accounting in the New Environment

Author(s)

Linyuan Zhou

Corresponding Author:
Linyuan Zhou
Affiliation(s)

School of Business, Luzhou Vocational and Technical College, Luzhou Sichuan 646000, China

Abstract

In the new economic situation, the transformation of financial accounting to management accounting has become the development trend of enterprises, and the advantages of management accounting are increasingly prominent. More and more enterprises begin to attach importance to the function of management accounting. Therefore, based on the understanding of the relationship characteristics and necessity of financial accounting and management accounting, this paper discusses the difficulties encountered in the transformation from financial accounting to management accounting, and gives the corresponding solutions. It also analyzes the role of industry finance integration model in the transformation from financial accounting to management accounting, which can provide the basis for the sustainable development of enterprises.

Keywords

Financial accounting; Management accounting; Transformation dilemma; Integration of industry and finance

Cite This Paper

Linyuan Zhou. The Transformation and Development of Financial Accounting to Management Accounting in the New Environment. The Frontiers of Society, Science and Technology (2019) Vol. 1 Issue 10: 151-156. https://doi.org/10.25236/FSST.2019.011020.

References

[1] Li tengguo (2017). Discussion on financial management transformation of yfnfsn. Jiangxi: Jiangxi University of Finance and economics.
[2] Guo Jia (2018). Research on performance evaluation of l enterprise based on eva-bsc. Shaanxi: Xi'an University of technology.
[3] Tian Zhelin (2017). Research on the impact of fair value measurement on corporate investment behavior--Based on the perspective of managers' irrational psychology. Hunan: Changsha University of technology.
[4] Xia hongqun (2018). Research on the financial impact of “replacing business tax with VAT” on JA construction company. Anhui: Anhui University.
[5] Wang Nan (2017). Research on the optimization of the construction of the Financial Sharing Service Center of the people's Insurance Company of China. Shandong University of Finance and economics.
[6] Zhang Qian (2017). Standard elasticity, earnings management and corporate performance: empirical evidence based on M & a goodwill and its impairment. Chongqing: Chongqing University.
[7] Yan Xiaoyun, Liu Na (2017). Research on the application of management accounting in the new economic environment. Science and technology information, vol. 15, no. 23, pp. 127-128.
[8] Chen Yu (2019). Analysis of the development direction and transformation of enterprise accounting under the new normal of economy. Operator, vol. 33, no.13, pp. 103.