Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 7th International Conference on Economic Management and Green Development
Series Vol. 44 , 10 November 2023
Open
Access | Article
Research on the Transformation of Enterprise Management from Financial Accounting to Management under the Digital Environment—Take HUAWEI as an Example
* Author to whom correspondence should be addressed.
Abstract
With the continuous development of technology, the updating and iteration of scientific and technological achievements are accelerating. Under the background of the increasing popularization of information technology and network technology, the era of big data is gradually coming. In recent years, Chinese private enterprises led by Huawei have developed rapidly and gained popularity in the world. Meanwhile, Huawei is also an important technology-oriented and research-oriented enterprise in China. With continuous innovation, Huawei has made outstanding contributions to China's chip technology development and 5G development. Huawei is committed to bringing the digital world into all fields, building a smart world where everything is connected, and making all industries and organizations agile, efficient and vibrant thanks to a powerful digital platform. The success of the external market cannot be separated from the effective and orderly internal control management of the enterprise. This paper analyzes the strengths and weaknesses of Huawei's internal control management by comparing the internal control policies and practices of other types of enterprises, and puts forward relevant suggestions. This paper uses the literature research method to conduct the study. Finally, this paper finds that Huawei's transition from financial accounting to management accounting is at the forefront of the industry in terms of ideas, technology and actions, which is worth learning from many other enterprises.
Keywords
HUAWEI, enterprise management, financial accounting, management accounting, digital environment
References
1. ZhiHu (Dongao education group), 2022, What is Huawei's financial management model? https://www.zhihu.com/question/270156006
2. ZhiHu(Huawei management), 2020, IFS reform: Harmonious unification of expansion and internal control, https://www.shangyexinzhi.com/article/412330.html
3. Feng Q.(2020).02 Transition from financial accounting to management Accounting under the background of big Data. China Management Informatization (03),48-49.
4. Xue Xilin. (2020). Research on Management Accounting Innovation in the Digital Economy Times. China Township Enterprise Accounting (01), 220-221.
5. Xia CH.(2020). The Future of Management Accounting -- data-oriented Management Accounting. The national circulating economy (01), 178-179. The doi: 10.16834 / j.carol carroll nki issn1009-5292.2020.01.086.
6. Zhu FW.(2020). On the transformation from financial accounting to management accounting under the background of big data. Contemporary Accounting (02),53-54.
7. Zhang QL & Zhang YB.(2020). The Theoretical logic of Enterprise Financial Digital Transformation -- Accounting Function Perspective. Chief Accountants of China (04),39-42.
8. Niu XY.(Financial information),2018, Try to describe the challenges and solutions of enterprise management accounting under the background of big data era. https://www.ixueshu.com/document/1662074a158b7fcef264a6352877081f318947a18e7f9386.html
9. Wang BX.(2020). Research on the transition from financial accounting to management Accounting under the background of big data. Northern Economy and Trade (01),82-84.
10. Yang Jingyi. (2020). In the transition of financial accounting to management accounting under the vision of big data. Business culture (08), 56-59.
11. Ye Y. (2020). A preliminary study on the transformation of enterprise financial accounting to management accounting under the background of big data. Industrial Innovation Research (11),116-117.
12. Yu L.(2018). Discussion on enterprise management accounting innovation under the background of big data. Modern Marketing (Chuangfu Information)(10),29.
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open Access Instruction).
- Volume Title
- Proceedings of the 7th International Conference on Economic Management and Green Development
- ISBN (Print)
- 978-1-83558-109-4
- ISBN (Online)
- 978-1-83558-110-0
- Published Date
- 10 November 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/44/20232178
- Copyright
- 10 November 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited