Management Accounting Tools and Application Cases -- Resource Consumption Accounting Method and Application
Yijuan Liu, Ting Wang · 2017
With the rapid development of economy and technology, the traditional activity-based costing method is difficult to reflect the utilization effect of resources, and cannot reflect the initial state of the inherent cost, it is difficult to meet the need of management decision-making, cost accounting innovation is imperative.Resource consumption accounting is a new cost accounting method which is based on the activity-based costing method and the German flexible marginal cost method.It is a great innovation of cost accounting in recent years.This paper is based on the introduction of the basic principles of resource consumption accounting, explains the accounting process of resource consumption accounting and provides reference for the future application of resource consumption accounting in enterprises by taking Q enterprise as an example. The introductionIn recent years, with the rapid development of economy and science and technology, the competition among enterprises is becoming more and more fierce.In this environment, the key to maximizing the value of the business is to strengthen the control of the cost, so the choice of cost accounting method is essential for the enterprise.Resource Consumption Accounting (RCA) is a resource-oriented approach to cost accounting, which improves the traditional activity-based costing method, not only from the internal work-based costing method, but also from the external resources Angle to enhance the cost management of the strategic system.The method which uses the resource as the main accounting object can measure the idle resources, not only improving the accuracy of the cost accounting, but also providing information on the responsibility of the department to assess.So it is conducive to enterprises to make scientific and rational decision-making, and enhance their own competitive advantage. Characteristics of Resource Consumption AccountingAlthough the traditional activity-based costing method also follows the concept of "product consumption operation and operating resource consumption", the activity-based costing focuses on operation while the resource consumption accounting focuses on resource.Compared with the traditional operating cost method, the cost accounting of resource consumption accounting is more accurate, the measurement standard is more comprehensive and the understanding of cost performance is more profound.This is mainly reflected in the following aspects. The Main Accounting Object of Resource Consumption Accounting is resource.The resource here is a broad concept that refers to the cost transfer between departments, not only the resources consumed by the job, but also the resources that the resource consumes, so the resource drivers not only include the "resource -operation" direct allocation of resource drivers, but also include the "resource -resources" of the interactive allocation of resources drivers.Resource consumption accounting can not only calculate the resources used in production, but also to measure the idle resources.So it can assign responsibility to each responsible person through the 3rd International Conference on Humanities and Social Science Research (ICHSSR 2017)