The Studay For Costing Managment System Improvement Of FDG Ltd.

Cost management is the one part of business management, and it is the main way for profit increase. FDG is a foreign-invested enterprises, mainly engaged in the connector R&D, manufacturing. In the fierce market competition, enterprises want to survive and develop, the cost management and control are becoming more and more important.In this paper, the cost management system of FDG Ltd. is proposed on the basis of analyzing the cost management system of domestic and foreign research and results, and using standard costing system as the basis of theory. Firstly, introduce the FDG’s main business, macroscopic economical overall condition, industitry situation,cost structure and the present cost management system. Then, use method of comparative analysis and data collection to identify the issues in FDG’s existing cost management system. This paper propose some correction actions to solve the mentioned issues, and improve the cost management system for FDG Ltd.The series of improvement measures are based on the existing cost management system of FDG Ltd. Especially the measures related to the frame of standard cost, budget process and define the key index of cost for performance merit system are the improvement and complement for FDG’s cost management system. It must have reference value for other enterprises.