Research On Cost Management Of ASL Steel Company Based On Time Estimated Activity-Based Costing

In the daily operation and management process of an enterprise,cost management is a key section.Through scientific cost management,an enterprise can effectively plan and control the cost occurrence process and results,and gradually optimize product quality,thereby increasing the economic benefits of the enterprise.At present,my country's iron and steel enterprises are facing fierce market competition brought about by overcapacity.Under this background,it will be more accurate for iron and steel enterprises to achieve more accurate cost accounting,more effective cost control,and more scientific cost management.With high requirements,traditional cost methods are difficult to meet the cost management requirements of steel enterprises.A more scientific and rigorous cost management method is urgently needed to improve the competitive position of enterprises and meet the needs of enterprise survival and development.In recent years,the activity-based costing method has been applied by more and more industries and enterprises,but due to its own limitations,the time-evaluated activity-based costing method has gradually been affirmed and highly valued by academia and industry.This article attempts to use the basic principles of time-estimated activity-based costing to introduce it into the cost management of steel enterprises and conduct applied research.This dissertation is based on the basic principles of time-estimated activity-based costing,taking ASL Steel Company as the research object of cost management,combined with the characteristics of the production process of ASL Steel Company,and trying to propose an optimized design plan for the existing problems of ASL Steel Company's cost management to improve ASL Steel Company The level of cost management.The specific research content of this thesis is divided into six parts.The first part is the introduction: this part focuses on the research background,research purpose and significance,domestic and foreign research status and reviews,research content and framework,and the innovations of this article;the second part is an overview of related theories: this part starts with cost management and activity cost management The related concepts of ABC,the basic theory of traditional activity-based costing,the basic theory of time-evaluated activity-based costing,the comparative analysis of activity-based costing and time-evaluated activity-based costing are explained in four parts;the third part is the current status of cost management of ASL Steel Company Analysis: This part first introduces the basic situation of ASL Steel Company,then introduces the status quo of ASL Steel Company's cost management,and finally analyzes the existing problems of ASL Steel Company;the fourth part is ASL Steel Company's cost management optimization based on the time-estimated activity costing method Program design and application.This part first analyzes the necessity and feasibility of ASL Steel Company's application of time-estimated activity costing,and then proposes the design principles and overall goals of the cost management optimization plan of ASL Steel Company based on time-estimated activity costing.Propose design ideas for ASL Steel Company's cost management optimization plan based on Time Estimated Activity Costing,and finally apply the designed cost management optimization plan based on Time Estimated Activity Costing in ASL Steel Company and verify it through the application process;The fifth part is the safeguard measures of thetime-estimated activity costing method in the cost management of ASL Steel Company: This part proposes corresponding countermeasures from five aspects: cognitive guarantee,system guarantee,organizational guarantee,technical guarantee and human resource guarantee;Part is research conclusions and future prospects.