Cost Management Of HJ Coking Coal Limited Liability Company

At present, because of the influence of international financial crisis, resource industryeconomy of China continues depression, the development pace of iron and steel, coal, oiland other energy industry is slowing markedly, and market demand is also correspondinglyweakened, which greatly restricts the healthy and normal development of the economy in ourcountry. As a coal-producing province of China, due to the impact of coal industry downturn,during the18th Congress during the meeting, Shanxi Province proposed to further increasethe intensity of the coal industry production and limit, which also can not fundamentallysolve the problem of market demand. Therefore, under such circumstances, coal industrymust change the development idea and direction. On the one hand, in the internationalmarket, coal industries should understand the changes and development at home and abroad,on the other hand, coal industries should set about their own industries, strengthen theinternal cost management, speed up the pace of corporate restructuring, and enhance thecompetitiveness of market to the pursuit of the maximization of corporate interests.In this thesis, HJ coking coal co. LTD is as a case for the study on the cost management.First, via the in-depth study and understanding the basic theories of cost management andsystematically understanding and analysis of the current cost management methods are andanalysis, and the feasibility analysis is made on the cost management, to carry out afeasibility analysis of activity-based costing method in coal; then regarding HJ as theresearch object, referring to the variety of issues currently appear on cost management, toinvestigate and analysis on the cost management of HJ. The study found, in the daily costmanagement, HJ has adopted the approach of management by objectives, but still regardedthe department as the unit if cost management, ignoring the reasons and consequences of thecost implementation, and did not take corresponding solutions for the specific problems incost management. At the same time, HJ has a series of problems of weak consciousness ofcost management, narrow cost management, improper control of specific projects and poorsystematic cost analysis. Therefore, thesis has tried to analyze and solve the series ofproblems. Meanwhile, according to the characteristics of HJ, adopting the cost managementmethod, with the introduction of homework cost method, it has operated a combination ofmodel between cost and work. Driving operation and coal washing operation method demonstrates an example, it has further improved the concept in cost management, costcontrol, cost analysis and assessment of concrete measures. The analysis and solution of thecost management problems, on the one hand, makes HJ fulfill the requirements of the realityof the requirement in the cost management, on the other hand provides a good reference forother industry, promotes the healthy and rapid development of coal industry in our countryeconomy, and improves the competitive position of coal enterprises in the international field.