Research On R&D Expenditure Management Of ZG High-tech Enterprise

In 2018,China's total investment in research and development was 1967.79 billion yuan,an increase of 11.8% over the previous year,and the intensity of investment in research and development was 2.19%,an increase of 0.04% over the previous year.Under the new normal,the Chinese economy is characterized by excellent structure,new power,medium and high speed,and multiple challenges.The economic structure has been transformed from investmentdriven and market-driven to innovation-driven.R&D expenditure Management,as an important element task in enterprises,has been more and more seriously considered.Many studies have shown out: As far as a new product cost is concerned,the design cost is only 5-10 percent of the whole cost but may affect the 80-85 percent factory cost as well as its structure,function,quality,follow-up cost directly.Therefore,it is vital in hot market competition to make the project cost control of R&D scientifically,which is one key factor for enterprise development in the long term.This article takes the integrated circuit manufacturing company ZG company as an object,and through literature research,survey research and case analysis,it integrates related knowledge of cost management and project management processes to analyze the current R&D status of the company.It is pointed out that ZG enterprise lack a schedule with accurate estimates and clear division of labor,inaccurate R&D cost budget framework,inaccurate indirect cost allocation,and fuzzy assessment and incentive policies.In order to solve the above problems,this paper discusses the research and development cost management method of ZG enterprise from the above four aspects.In terms of R&D cost planning,improve the schedule of R&D projects,plan reasonable strategic goals,and increase the identification and analysis of uncertain events;In terms of R&D budget,establish cost budget decomposition structure and cost budget baseline plan;In the R&D expense accounting,the advantages of Activity-Based Costing in ZG enterprises are explained.In terms of the assessment of R&D expenses,it proposes to establish the performance evaluation system of R&D team and the performance evaluation system of R&D personnel.Finally,the article applies the above-mentioned R&D expense management ideas to a ZG company's R&D project,and draw a conclusion: such as ZG company,which are in the leading position of integrated circuit design,it is necessary to strengthen the cooperation of various departments in the enterprise to maximize the profit rate of research and development expenses,make the enterprise in an invincible position in the fierce market competition,and encourage and inspire other high-tech enterprises to actively participate in forming a new cost management model.