Research On Responsibility Accounting System Of Enterprise Group

With the changing of technological advancements and rapid development of economy, the world has changed profoundly. Especially after the entrance of WTO, the international competition becomes more and more fierce, which make Chinese enterprise facing more severe challenges. In order to acquire and maintain the advantage in competition and ensure the sustainable development of the Group, Chinese enterprise should explore and improve the external market as well as establish a healthy and efficient internal control system, so as to strengthen its internal management and utilize its potential fully. Extensive researches and facts prove that the responsibility accounting system has become an indispensable content of internal control, which has a direct impact on the operating efficiency of enterprise group, and is the landmark of the current enterprise group becoming fine. Based on knowledge of financial accounting, cost accounting and management accounting, using results of internal and external research for reference, combining characteristics and advantages of enterprise group, using the normative and empirical methods, the paper mainly studies responsibility accounting system: responsibility center, carry-over responsibility system, responsibility budget control and evaluation, so as to provide references of using resources effectively and enhancing their competitiveness and economic benefits.The paper consists of seven parts:Chapter 1: Introduction The chapter mainly introduces the research background, purpose and significance, comments on internal and external research trends of responsibility accounting. It also clearly defines the scope of the paper, and illustrates research ideas, methods and puts forward some possible innovations.Chapter 2: Basic Theory of Responsibility Accounting System of Enterprise Group The chapter firstly introduces the relative theories of enterprise group, which are the formation, the development features and advantages of enterprise group. Secondly the paper focuses on the necessity to establish responsibility accounting, defines the responsibility accounting and its subject and object and the principles which should be followed. Finally it systematically proposes the contents of group responsibility accounting system: dividing of responsibility centers, establishing the carry-over system, working out the responsibility budget and carrying out responsibility control and evaluation.Chapter 3: Establishment of Enterprise Group Responsibility Centers Firstly this chapter expresses the features of responsibility centers by introducing its meaning. Secondly it divides responsibility centers into cost center, profit center and investment center in accordance with the scope of right and responsibilities, the characteristics of activities of responsibility centers, and furthermore elaborates on the characteristics and classifications of the three responsibility centers. Finally it concludes the relationships among the centers.Chapter 4: Establishment of Enterprise Group Responsibility Carry-over System The establishment of responsibility carry-over system mainly includes the formulation of internal transfer pricing, the methods of internal carry-over system and the determination of internal bank. The chapter discusses the role, principles and methods of internal transfer price in detail; the four forms of internal carry-over: internal checks carry-over, internal commission receivable carry-over, internal commission payment carry-over and the domestic currency carry-over; and the functions, institutions establishment and the basic works of internal bank.Chapter 5: Establishment of Enterprise Group Responsibility Budget As a financial plan with currency units, budget is a detailed plan reflecting a certain period of cash payments, capital acquirement and liquidity, business revenue, cost, financial condition and operation results in the form of currency. It is namely the group total budget when the overall goals and tasks of group production and operation are reflected by figures. Responsibility budget is a budget system to divide and implement total budget targets from the perspective of responsibility center to ensure the achievement of overall goal and improve the overall efficiency of group. This chapter begins with the establishment of budget management system, explains the principles, methods and contents of the group's total budget in detail. The group's total budget includes: business budget, capital budget and financial budget. Besides it divides the total budget indexes according to a certain method, which further becomes the responsibility costs, responsibility profits and responsibility capital budget of responsibility centers.Chapter 6: The Responsibility Control and Evaluation of Enterprise Group As a prior establishment plan, budget needs supervision and control during its implementation to carry out the responsibility evaluation and ensure the complement of group goals. This chapter mainly focuses on the implementation of responsibility control from the sides of budget execution, budget control, budget adjustment, budget supplementation and budget arbitration; and carries out responsibility according to the evaluation indexes and performance reports of each responsibility center. Chapter 7: Case Analysis: Research on Yunnan Copper Group Responsibility Accounting System The chapter takes Yunnan Copper Group as an example of empirical analysis, and describes the establishment and effects of its full budget management system of responsibility accounting in simulation market.