Multi-dimensional analysis of financial accounting information and construction of decision support systems

Abstract

Financial information is the core information of modern enterprises, which is of great significance to the sustainable development of enterprises. Based on the cost variance accounting model, the comprehensive budget management model, and the financial crisis early warning model, the financial information decision support system was constructed. Company S was selected for case analysis, and three modules in the decision-making system were used to analyze the company’s operating costs, overall budget management, and financial situation. Among the seven work centers of Company S, the consumption costs of the semi-finished product center and the procurement center account for the highest proportion, reaching more than 50% of the total manufacturing cost. Acquisition operations, raw material processing operations, semi-finished product operations, packaging operations, and quality inspection operations are some of the value-added operations of The Company. The operation efficiency of the procurement center, quality inspection center, maintenance center, and storage center is not high. Raw material processing centers, semi-finished product centers, and packaging centers are highly efficient. In 2022, the net profit of Company S will be -1.7592 million yuan, and the total profit will be -2.7418 million yuan. Management and selling expenses are exceeding the budget. The probability of financial risk was 82.35% and 88.46%, respectively. The company is facing serious financial risks due to its declining corporate sales, solvency, difficult capital turnover, and severe financial risks.