Research on the Construction of Management Accounting System in the New Era——Taking Jihua Group as an Example

Abstract

With the continuous refinement of the internal division of labor, the importance of management accounting system
to enterprise management is increasing. The internal cost resource management and strategic development needs of
enterprises can no longer be met by traditional financial reporting systems. Innovating the existing financial reporting system
and deepening corporate management at the same time is an urgent problem faced by most enterprises in China. Innovative
management accounting system and model, through the successful practice of some enterprises, has gradually developed into
a new trend of the transformation and upgrading of China's internal financial reporting system.
Taking Jihua Group as the research object, this paper first analyzes the limitations of the existing financial reporting
system, secondly puts forward the frontier theory of management accounting and the need to promote the reform of the
management accounting system, and again analyzes the path of innovative management system reform adopted by Jihua
Group to obtain the feasibility of its management system reform, and finally puts forward the enlightenment brought by the
management system reform of Jihua Group to other enterprises.