Research on the Transformation of Enterprise Management from Financial Accounting to Management under the Digital Environment—Take HUAWEI as an Example

Research Article
Open access

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    
  • *corresponding author xiewanyun0826@163.com
Published on 10 November 2023 | https://doi.org/10.54254/2754-1169/44/20232178
AEMPS Vol.44
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-83558-109-4
ISBN (Online): 978-1-83558-110-0

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

Xie,W. (2023). Research on the Transformation of Enterprise Management from Financial Accounting to Management under the Digital Environment—Take HUAWEI as an Example. Advances in Economics, Management and Political Sciences,44,28-34.
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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.

Cite this article

Xie,W. (2023). Research on the Transformation of Enterprise Management from Financial Accounting to Management under the Digital Environment—Take HUAWEI as an Example. Advances in Economics, Management and Political Sciences,44,28-34.

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About volume

Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development

ISBN：978-1-83558-109-4(Print) / 978-1-83558-110-0(Online)
Editor：Canh Thien Dang
Conference website: https://www.icemgd.org/
Conference date: 6 August 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.44
ISSN：2754-1169(Print) / 2754-1177(Online)

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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.

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