Research On Cost Control Improvement Of Guangming Heavy Machinery Manufacturing Co.,Ltd.

Whether the cost control stands or falls,is directly related to the economic efficiency of an enterprise.The amount of an enterprise's final net profit depends on the cost control.If the cost of the enterprise is not strictly controlled,it will greatly reduce the profitability of an enterprise.Especially in the current global economic downturn,the Chinese economy is in a new normal phase of slowing growth and st ructural transformation.On the one hand,enterprises must rely on innovation to achieve core competitiveness.On the other hand,they must control their costs and expenditures to achieve steady growth in net profit.Only in this way can an enterprise be a ble to survive the wave of economic pain.Therefore,enterprises should establish a systematic concept of cost control,use modern cost management knowledge,analyze comprehensively and research costs that occur in the process and results,and establish a perfect cost control system.At present,enterprises mainly carry out cost control and management through such basic methods as prediction,decision-making,budget,control and assessment.This article makes full use of cost control methods,combines the use of management accounting,cost accounting and other series of theories.Based on the exploration at home and abroad,this paper takes Guangming Heavy Machinery Co.,Ltd.as an example,to study how to improve the cost control and improvement of the pr oblem.The article firstly introduces the present situation of cost management of Guangming Heavy Machinery Co.,Ltd.,including the control system,cost collection,examination and so on,and then analyzes the specific problems and causes of the cost cont rol of Guangming Heavy Machinery Co.,Ltd.in detail.Finally,according to the specific situation of the company,this paper sums up the measures to reduce the cost of overruns.By pre-forecasting,improving the assessment system,raising a comprehensive budget,this paper puts forward the suggestions about controlling the cost of Guangming Heavy Machinery Co.,Ltd.,and improving corporate profits.