The Applied Research Of Activity-based Costing In HY Finance Company

In the process of modern enterprise management, what each manager cares most is how to maximize profits, to achieve sustainable development and growth. It requires enterprises to strengthen the management of costs, reduce costs and increase profits by improving the standard of cost management. Thus, the continuous improve of management level is one important factor that determines whether an enterprise can achieve competitive advantage and sustainable development and growth in a competitive market.In order to develop and perfect the cost management level of HY Finance Company, author adopts the conjoint method normative analysis and case study and whole-part method to analyze the application of activity-based costing in financial companies with the basic of analyzing relative theories of activity-based costing by combining with specific business situation of HY Finance Company.Firstly, author analyzes the development status of activity-based costing method at home and abroad to lay the theatrical foundation of this paper.Secondly, author raises the main research question by expounding the fundamental theory of activity-based costing and analyzing the cost management status of the HY Finance Company.Finally, author designs the framework of applying activity-based costing in HY Finance Company with the conclusion that activity-based costing can satisfy the needs of cost management and solve the existed main problem of current cost management process in HY Finance Company. Then,author points out the difficulties of enforcing activity-based costing in HY Finance Company and corresponding solutions.