Research On Value Creation And Promotion Of X Oilfield Company From The Perspective Of Management Accounting

With the development of China's social economy and the new economic structure of the world,under the new economic normal,PetroChina is subject to increasingly fierce competition from all over the world,new products and technologies are difficult to obtain,and consumers are demanding products and services.The higher the enterprise wants to survive and develop,it can only follow the path of scientific development,and value creation is its effective way.How to realize the strategic goals of the enterprise through value creation activities and maximize the economic benefits has become a hot topic that corporate managers and researchers attach great importance to.For enterprises to successfully realize value creation,it is inseparable from the formulation and implementation of scientific strategy.The formulation and implementation of strategy requires the optimization and transformation of various management functions.In various management functions,the important role of management accounting functions in value creation is increasingly valued by many corporate managers and researchers.For regional oilfield companies,it is of great theoretical and practical significance to optimize and improve management accounting functions,give full play to the role of management accounting functions,and enhance corporate value creation.On the one hand,through the study of the application of management accounting functions,management accounting to enhance the role of value creation mechanism can provide theoretical support for enterprises to rationalize and standardize value creation activities to achieve corporate strategic goals.On the other hand,research on the value creation of regional oilfield companies and the application of management accounting to value creation have key practical guiding significance.This paper takes X Oilfield Company as the research object,analyzes the operation status of value creation activities carried out by X Oilfield Company's value chain and its implementation around strategic objectives,analyzes the application of management accounting in the value creation process of X Oilfield Company,and conducts field research through And interview analysis to study the current situation of management accounting value creation of X Oilfield Company;secondly,analyze the problems existing in the process of creating management accounting value of X Oilfield Company and analyze the reasons for its existence;once again,learn from the development of management accounting value creation activities by domestic and foreign enterprises The advanced successful experience,from the perspective of management accounting,proposes the specific countermeasures for the value creation of X Oilfield Company.Finally,the research proposes the safeguard measures for the value creation of the application management accounting of X Oilfield Company.