On the management accounting and financial accounting Analysis of the feasibility of

Abstract: In the accounting profession, has always been there, "Foreign Financial Accounting, management accounting internally," the traditional concept, but with the development of accounting theory and accounting functions of the play, this concept gradually being broken this paper from the management accounting is an extension and development of Financial Accounting to start to explain the integration of management accounting and Financial Accounting basis, proposed in theory and practice, will manage the integration of accounting and Financial Accounting is feasible, but also the inevitable trend of development of accounting.

Keywords: management accounting, Financial Accounting, integration
Accounting system is a system of information generation and use, financial accounting and management accounting are the two pillars of modern accounting. It has long been thought: the traditional financial accounting is accounting for the main content, through certain procedures and methods, production a large number of business activities, business data through the daily record, classify and aggregate into the preparation of financial statements, external to the enterprise and business interest groups and individuals reflecting the financial condition and operating results of the financial statements, while the main use of financial management accounting accounting provides accounting information and its production and business activities of the relevant information, the use of mathematics, statistics and other aspects of a number of ways, through sorting, calculation, comparison, analysis, internal managers at all levels to provide for short-term and long-term business decisions , planning guide and control the business of internal accounting management information reports that "Foreign financial accounting, internal management accounting" has long been the traditional concept of restricting the accounting staff's thinking, this is not conducive to play the role of accounting functions, and also hindered the development of accounting theory. In fact, although the management accounting and financial accounting for the relatively independent of both parallel accounting system, but the Financial Accounting in itself is a combination of accounting and management accounting, the theoretical basis of both homology and common services Yu the general requirements of modern enterprise accounting. them from different angles to reflect and control production and business activities complement each other, cooperate, and jointly to provide accounting information to decision-makers need, therefore, in the modern knowledge economy, financial accounting and management accounting is an organic blend together, they have the foundation and the necessary integration.

First, management accounting is an extension and development of financial accounting
(A function of management accounting and financial accounting functions and tasks is the task of extension and development
Management accounting and financial accounting side by side as independent in the traditional areas of accounting experience within a birth, the accumulation, differentiation, and the gradual formation of a long process with economic development, business ownership, operating rights, separation, especially in market economy conditions , enterprises to strengthen their internal management, improve market competitiveness and the use of specialized management accounting approach, namely, financial accounting as the basis for budget analysis, preparation of corporate responsibility for overall budget and the budget, determine all aspects of the main objectives, to establish the responsibility center, and to control, regulate, analysis, assessment and evaluation in order to achieve the intended purpose, which in theory belongs to the management accounting functions, it is the company's financial accounting to implement.

(B is the enterprise content management accounting to meet the needs of economic development for the deepening of financial accounting content
As the economy continues to evolve, the survival and development is facing a severe test. The majority of financial workers in long-term practice of trial and error work, summarize and accumulation accounted in the traditional accounting, afterwards, reimbursement, based on the actual experience summarized in the amount of principal and interest, such as cost behavior and analysis, the variable cost calculation, prediction analysis, specialized methods of production decisions, investment decisions and analysis of special methods, responsibility accounting, cost control, etc., the actual experience of these people to be scientific, systematic summary of the contents of the formation of a management accounting, it has enriched the content of accounting science, extends the functions of accounting, accounting in economic management to play an increasingly important role.

In summary, management accounting is an extension of financial accounting and business development.

Second, management accounting and financial accounting basis for integration
(An internal and external information users in the information requested on the line
Accounting, with the development of social production and the requirements of economic management, development and constantly perfected, it is not just a tool of economic management, accounting management functions itself is, is that people engaged in the management of an activity.

The traditional view is that: the internal users of accounting information needs of corporate accounting information provided by management accounting, and external users of accounting information needs of corporate accounting information is provided by the financial accounting from the development of management accounting look at this view has obvious deficiencies. management accounting is not independent of the accounting discipline of financial accounting, financial accounting is a further extension and development. With the rapid development of knowledge-based economy, management, accounting not only to establish the overall superiority of the concept, concerned about the process of production and operation of enterprises, the enterprise value chain but also other components of the same time, information users outside the enterprise concerned not only historical information, and are increasingly concerned about the future of business information, segment information, process information and non-monetary information, which information is mainly provided by the management accounting Similarly, managers within the enterprise in order to better strategic decision-making, must also understand the company's internal information and external information. Links to free download http: / / www.hi138.com (two subjects of great expansion of the accounting
"Accounting is the accounting object and supervision of the content. Enterprises, institutions and business activities or business activities in market economy conditions, and always reflect the performance of certain funds for the movement of capital movement is reflected in business activities accounting and accounting supervision of content, that is, the accounting object. "Thus, we can see that the traditional accounting management too much emphasis on the process of production and management of assets, capital and other physical capital, that is the object of the movement of funds accounting, and ignore these factors and their decision to conduct activities with the science and technology and the continuous development of the theory, understanding and transformation of the main accounting ability to continuously improve the role of accounting object is the scope and depth will continue to expand How to accounting, monitoring and control of these human capital, intellectual capital, etc., have the knowledge economy the main content of accounting management in measurement and evaluation of these value systems, we must break through the limitations of traditional financial accounting information, to create a more objective and more comprehensive multi-faceted assessment system, including the amount of information and quality information, financial information and non-financial information, static information and dynamic information, material aspects of information and spiritual information, enterprises have become operational chain, value chain, knowledge chain, chain of uniform behavior body.

With the expansion of the study of accounting, management accounting to financial capital from the core to the transformation of intellectual capital management as the core. Financial accounting and management accounting has not only material objects or the value of movement, but also including material flow, capital flow and information flow always accompanied by, and embodied the donors, managers, employees and other stakeholders in economic relations between the flow of property rights, so, generally speaking, management accounting and financial accounting of the object is consistent, that is, material movement and the value of sports-based, information campaigns as a link between people reflect the social reproduction of the relations of production process consistency between the two objects, for financial accounting and management accounting provides a theoretical basis for the integration.

(C accounting ultimate goal of consistency
To focus on the one hand, reflect the modern accounting financial accounting for the property rights (including owners, creditors, managers, government authorities) to provide accounting information to facilitate its decision-making, on the other outstanding management accounting should be reflected in corporate ownership management functions, by strengthening internal management to maintain the property rights of usufruct, the right distribution of property rights. Both serve the unity of the general requirements of modern enterprise management, to achieve "the preservation of the rights and interests of stakeholders to improve the efficiency" of the accounting the ultimate goal.

Third, management accounting and financial accounting integration is an inevitable trend
Although both are still there are some differences between, but the blend, either in theory or in practice are beneficial.

First, in theory, financial accounting object is mainly reflected in the movement of funds, that is, material accounting aspects. Management accounting value of the object is mainly reflected in the amount of poor information management, and information if the movement can be a good combination, the dynamic and static from the point of view to grasp the overall management of the enterprise. Financial accounting is mainly engaged in accounting work, the characterized by strict, highly principled and policy, areas of work is relatively fixed, and management accounting will have much more flexible. the integration of the two, you can work from the limited space of accounting to the unlimited expansion of service areas, not only broadens the accounting practitioners field work, but also the accounting concepts into broader management world. manage the integration of accounting and financial accounting, benefit from an overall grasp of various theories with each other. financial accounting reforms, to give full consideration to management accounting requirements to ensure the maximization of the accounting information sharing, development of management accounting, financial accounting to follow the guidelines and institutional constraints, this will help form a complete theoretical system.

Secondly, in practice, if the two operate together, will increase the efficiency and quality of enterprise management, such as the use of management accounting theory the amount of principal and interest on business analysis, you can calculate the breakeven point for a product there the breakeven point of this data, the financial arrangements we can reasonably fund the production and control production costs, thereby improving productivity and if the integration of the two, we can for the company's financial provide a more comprehensive management information platform, integrated enterprise financial history, present and future information to better serve the enterprise management services. Links to free download http://www.hi138.com