Construction Of Company M’s EVA Value Management Accounting System

State-owned enterprises are the backbone of the socialist economic construction, the local state-owned enterprises on the local economic development also plays an important role, so it is necessary to study the local state-owned enterprises operating results. Theorists generally considered to maximize shareholder wealth is the ultimate goal of business, it requires indicators reflect the company’s operating results can accurately express company created by the magnitude of value for shareholders. Traditional financial indicators to be measured based on the net profit, economic value added (EVA) as a new performance evaluation index, compared with the traditional financial indicators, it highlights the opportunity cost of capital, but also pay more attention to operating efficiency and the use of capital ability to create value, more objective and true reflection of the company within a certain period the value created for shareholders. As China’s economy has gradually strengthened the importance of state-owned capital utilization efficiency. Beginning in2010, the SASAC of the State Council introduce a comprehensive assessment indicators EVA for the central enterprises. Performance evaluation of state-owned enterprises to become a major shift in philosophy and progress, value creation become the core index, which more guidance All enterprises in the capital of the assessment. For the cost of capital considerations and attention, help assess corporate real ability to create value and help business managers to make the right strategic and operational decisions, but also conducive to the rational society as a whole and optimize the allocation of resources to improve resource utilization efficiency. This thesis is based on the concept and value system EVA content of the specific circumstances of the company for the M building suitable for its development of the EVA value management accounting system..This paper adopts the method of combining normative research and case discussion:First, to elaborate research background and significance, it also raises this issue. Secondly, through domestic and foreign literature review and synthesis leaning, combined with superiority of EVA theories, this article provides the theoretical support for analyzing problems. Finally, in the specific analysis of M’s current status and shortage, we estimate the value of EVA, and then build suitable EVA value management accounting system for its development, including to perfect its implementation plans and to draw inspiration from M’s case studies for the corresponding reference for other companies.