Research On Cost Control Scheme Of Financial And Business Integration In Shuoyaoda Engineering Company

As China’s low-to-medium economic growth has gradually become the norm and the homogeneous competition among engineering companies is becoming increasingly serious,the level of cost control determines the competitiveness of enterprises.Shuoyaoda Engineering Co.,Ltd.is an engineering enterprise engaged in lighting engineering design,construction,and operation management.Due to the decentralization of internal cost control responsibilities,unclear system processes,the lack of unified cost caliber,inconsistent integration of engineering cost and financial accounting costs,improper cost and capital control methods,inadequate assessment and incentive mechanisms,distortions in financial accounting information,the failure of financial Capital management and control,the impossibility of financial business cost data used in comparison with each other,the company-level cost control of the entire construction process becomes weak and the mechanisms for analysis and improvement become deficient.As a result,there are significant risks in the enterprise operation,a competitive advantage in the fierce market competition cannot be formed,and the corporate strategy cannot be achieved.Based on theories and tools of organizational change theory,target cost method,earned value management,financial and business integration,construction budget,list valuation etc.,the thesis takes Shuoyaoda Engineering Company as the research object to design the financial and business integration cost control scheme design.First,through research,process analysis,and comparative analysis,the thesis finds out the reasons for the problems of the cost control existing in Shuoyaoda Engineering Company.Then,according to the correspondence between the problems and the causes,the thesis constructs a cost control subject according to the theory of organizational change,unifies the cost caliber according to the accounting theory,implements the link between the business cost collection and the financial cost accounting according to the list pricing tool,and integrates the target cost method and construction budget to achieve the cost control of the whole process by using the earned value management,and then improves the cost control system,strengthens the assessment and other aspects,puts forward the financial and business integration cost control plan.Finally,the thesis puts forward three measures:introduction of external consulting companies,comprehensive promotion of information-based enterprise management,formulation of detailed personnel training and introduction plans,as the guarantee measures for the company’s financial and business integration cost control plan to ensure the smooth implementation of the plan.The conclusion of the thesis shows that: the integration of business and financial costs through the bill of quantities can achieve the connection between business and financial costs;the integration of target cost method and construction budget,and the application of earned value method can achieve the entire process of financial and business integration cost control;the project fund management and control mode of the settled expenditure can both solve the problems of corporate fund management and control and promote the improvement of cost control.The cost control of Shuoyaoda Engineering Company has the common characteristics of engineering enterprises.The ideas and methods for analyzing and solving problems in this thesis can be used as references by enterprises in the same industry.