Applied Research On Activity-Based Costing In Higher Vocational Colleges

The higher vocation education cost refers to the total value of the sources served by higher vocation colleges. Since the lack of educational funds and shortage of costing management, many higher vocational colleges have got into trouble in survival and development. Therefore, the issue of higher vocation education cost is becoming the focus of everyone’s attention.On the precondition of greatly training personnel and developing social benefits, the colleges should also consider economic benefits for themselves. Meanwhile, the higher vocation education cost is the basis of the government grant and tuition fees. It is necessary to search for an effective method of cost keeping for higher vocational education.Attempting to combination of CO-ABC with educational cost accounting of colleges, this paper wants to find out an effective method of educational cost accounting of colleges in order to push the development of application of CO-ABC in college education.There are totally six chapters in this essay.The background and purpose of research are introduced in the ChapterⅠ. Meanwhile, the research ideas and frameworks are determined then.The basic theory of vocational school education costing has been introduced in ChapterⅡ. Based on the discussion of the relationship among education costing, higher education costing and vocational education costing, this essay analyzes the special characteristics of the present vocational education costing, which offers the theory basis for the CO-ABC in vocational school education costing study.ChapterⅢof this paper, based on the main characteristics of vocational college education costing, introduces basic principles and accounting procedures of Activity-based Costing to provide theoretical support in its application of higher vocational colleges. Comparing activity-based costing with traditional costing, it reveals that it is inevitable for the cost approach by the "quantity-based" to "activity-based" development, and demonstrates necessity and feasibility of CO-ABC application in higher vocational colleges.Chapter IV focuses on the applied research of CO-ABC of higher vocational colleges. It is the core chapter of this paper. Firstly, according to the cost of operating procedures of vocational college education, this chapter analyzes the main operations and distinguishes the indirect operations center to determine the cost drivers. Secondly, this chapter offers the method of accounting the average cost of vocational training institutions. Based on the analysis of activity-based costing in higher vocational school education costing process, this chapter lays the foundation for the next chapter of the case analysis.By examples analysis, Chapter V carries on case studies by applying activity-based costing in CO-ABC of vocational institutions. Through data collection, collation, recording, imputation, distribution accounting, etc. it calculates the cost of education higher vocational colleges and analyzes the differences of traditional costing and activity-based costing to verify advantages of activity-based costing application of higher vocational colleges and to propose ways to further strengthen vocational education cost management.Chapter VI is consisted of the study conclusions and policy proposals. It summarizes the above theoretical researches and case studies, presents the feasibility of using activity-based costing and recommendations in the higher vocational colleges.In this paper, through case study approaches, it introduces the CO-ABC into the higher vocational education costing in order to promote activity-based costing application in our colleges and universities in China. It also provides a theoretical guidance and implementation of reference in the understanding of activity-based costing fully and accurately.The lack of this paper lies in for the difficulties of data collecting collating. Some certain bias would be formed for some estimating data. Furthermore, currently there is no one higher vocational college in China that has used Activity-Based Costing in CO-ABC and Activity-Based Cost Management. The lack of a certain reference is a problem, too. Further discussion and improvement are required now.