Applications of Financial Shared Service Model in Chinese Corporations

摘要

With deep integration of Information Technology with other industries, finance and accounting are gradually moving towards digitalization. Financial Shared Service Center is also one of the products in the information age, promoting advance developments of accounting digitalization. This paper studies the applications of Financial Shared Service Center based on the perspective of accounting digitalization. It takes two Chinese listed corporations as examples, and compares their financial shared service models and organizational structures based on strategic accounting. The paper proposes relevant strategies for the construction of financial shared service centers, aiming to provide practical suggestions for other companies.