Research On The Target Cost Management System Of HJ Group

The paper sets the HJ group as object and researches the cost targ\etmanagement. After summarizing the cost target management concepts and theories, the paper analyzes the characteristics of the petroleum chemical industry and then sets up the cost target management system, implementation and security ways as well as the ways to explore the establishment, management, implementation and supervision system of the cost target management.The paper makes an in-depth study on the cost target management by analyzing the research background, significance, purpose, related concepts, research status and structure. After that, the paper expounds the meaning of cost target management, the basic theory of cost target management and summarizes the characteristics and advantages of the cost target management.The paper uses the HJ group as the main part to introduce the company development general situation and main business situation and analyze the current situation of the cost target management of the group. Then the paper summarizes the problems existing in the cost management of the group and puts forward the necessity for reforming the cost management. The paper also makes the HJ group company as an example to analyze the cost target management system and then to establish the clear principle cost target management system, organization system, accounting procedures and examination. Then the paper explicit the responsibilities of different departments and finds out the cost target management for specific processes and procedures within the specific content.Through research and analysis, the paper explicit the steps to realize the cost target management system successfully and carry out the principles to implement the target cost management and then decompose the index of target cost management and collect and analyze the target cost management related data to achieve the target cost management.