Study Of Issues Related To The Establishment Of Cost Accounting Standards

This paper studies issues related to the development of cost accounting standards, the Ministry of Finance has promulgated "corporate product costing system (draft)", the tasks of cost accounting system study have been allocated to the national experts, but there’s very little research on the development of cost accounting standards, on the bases of other studies, through the case study of X-manufacturing center, this article analysises and researches issues related to the development of cost accounting standards.This paper first reviews the existing domestic and international research, reveals the study status of Cost Accounting Standards, researches the theories of the development of cost accounting standards from an economic point of view, explaines the concept of asymmetric information, and analysises the causes and economic impact of asymmetric information, and thus addresses the important role that cost accounting standards played in solving information asymmetry; And enumerates the the information asymmetry status quo of the two sectors of the military industry and public utilities were explained, cost-plus pricing model used by the military industry, military procurement, suppliers have no external motivation to control costs, and because of this industry imperfect competition and result in high cost as the basis of military pricing and cost information opacity makes government procurement side suffer unnecessary losses. The audit of the cost of public utilities also requires the development of cost accounting standards to regulate the utility industry’s cost accounting, mostly due to the utility industry is a natural monopoly industries, the use of cost-plus pricing, no criteria and norms costing unreasonable cost disclosure imperfections caused by the waste of social resources and unreasonable configuration. Cost accounting standards in addressing information asymmetry from the two aspects of the theory and reality, and then discussed the need for cost accounting standard setters. In the third chapter of the article, the United States military procurement cost accounting standards and the Japanese general enterprise cost accounting undertook are introduced and analyzed, including guidelines development process, goal, content and scope of application are introduced, and the two criterion characteristic undertook summing up an analysis, to make our country cost accounting standards provide inspiration.In the fourth chapter of this paper, the course of development of China’s cost accounting is introduced, the analysis on the status quo of China’s enterprises costing this regard through the online questionnaire, questionnaire adopted accounting system of enterprises, the indirect cost allocation method what cost management methods, which analyzed Chinese enterprises on the costing of ills, including the problem of the lack of cost accounting standards system, the indirect cost allocation unreasonable lack of cost management thinking, and these ills reasons, to make recommendations on the direction of the development of cost accounting.In the questionnaire on the status of our costing analysis based on the introduction of cost accounting of the military industry manufacturing center X case, this enterprise in April2012, two basically production workshop an auxiliary production workshop about two kinds product type I, type II product cost data and cost accounting processes and methods, particularly irrationality and lack of cost management of the enterprise on the allocation of indirect costs. Introduction of the the X company manufacturing center costs allocated operating cost method to address these issues, and conduct a comparative analysis of the results of the distribution of the results of the operating costs and enterprise hourly, and puts forward the recommendations to the introduction of activity-based costing Cost Accounting Standards. Company X’s cost accounting practices only accounting of the cost of the product, a result of cost control is extremely weak, the author of the enterprise production processes, production procedures analyzed speak manufacturing center two workshops were divided according to team cost center responsibility for the cost of these two cost centers record further, and thus the cost of the product goes back to the responsibility of team, by comparison with the budgeted costs, assessment of cost overruns and savings through the above analysis, it is recommended that future development of cost accounting standards should be added to the cost of responsibility. Quality management control, weak awareness of quality control, quality costing vacancy, I cost of the quality of the manufacturing center of the enterprises studied to analyze the quality of cost accounting in the quality control the important role of the Cost Accounting Standards Quality costing for total quality management, and puts forward.Finally, on the basis of the above analysis, the basic principles of cost accounting standards, specific guidelines were conceived, as well as the implementation of the guidelines to ensure that the content, together constitute the overall framework of the development of cost accounting standards system. First of all, in terms of the basic criteria for major research on the basic theory of the guidelines, learn from Professor Ge Jiashu financial accounting conceptual framework to build a prototype of the cost accounting conceptual framework, and recommendations of the contents of each part of the the build cost accounting conceptual framework. Secondly, divided into two levels in terms of the specific criteria that the accounting standards of the general cost of doing business and industry cost accounting standards, and the idea of the contents of the general corporate cost accounting standards, industry guidelines to the military industry, for example to build. Finally, the feasibility of the development of guidelines and coordination with the Financial Accounting Standards, and explore the development of guidelines for the main, to develop principles and implementation procedures implementation to cost accounting standards.