Advances in Economics, Management and Political Sciences

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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

Wanyun Xie * 1
1 Capital University of Economics and Business

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 44, 28-34
Published 10 November 2023. © 10 November 2023 The Author(s). Published by EWA Publishing
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.
Citation Wanyun Xie. Research on the Transformation of Enterprise Management from Financial Accounting to Management under the Digital Environment—Take HUAWEI as an Example. AEMPS (2023) Vol. 44: 28-34. DOI: 10.54254/2754-1169/44/20232178.

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

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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.

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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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

Copyright © 2023 EWA Publishing. Unless Otherwise Stated