The Fusion Model of Financial Accounting and Management Accounting Based on Neural Networks

Abstract

The lines between management accounting and financial accounting are constantly blending as a result of the new economic norm, which is driving this relationship closer and closer. To increase the working effectiveness of financial departments, the two must be coordinated and integrated. The efficient fusion of FA and MA can significantly impact not only the actual effectiveness of accounting work but also the long-term success of businesses. This study develops a network structure that combines BPNN (BP neural network) and PLS (partial least squares), and it applies the structure to FA and MA. The financial data that has been gathered is preprocessed using PLS, which keeps the primary factors of the data processing outcomes and ignores the secondary factors. The findings indicate that this model has a 90 percent overall accuracy rate when assessing the financial health of the 50 test sample companies. The analysis in the conclusion demonstrates that this model can successfully examine the internal relationship between a company’s capital structure and financial performance. It also serves as a guide for the company in terms of how to improve its current illogical financing structure system and improve financial performance.

The Application of Embedded Hardware System and Blockchain in Rural Financial Management Cloud Platform

“…The security of financial data, as the core asset of an organization, is particularly important. Embedded systems, due to their compact nature and specificity, provide physical level security for financial data, ensuring that the data is not illegally accessed or tampered with [24,25]. Blockchain technology uses its encryption algorithm and distributed structure to provide another layer of protection for data, so that data is fully guaranteed during transmission and storage.…”

Investigating Accounting Factors through Audited Financial Statements in Businesses toward a Circular Economy: Why a Sustainable Profit through Qualified Staff and Investment in Technology?

“…According to (Zhang et al 2021), business solvency, profitability, and development ability are closely related to profit sustainability, fulfilling the intelligent demand for modern financial data analysis in the cloud servers (Bi 2022), and in recent years, businesses have paid more and more attention to business data in the cloud server (Yang 2021). According to (Chen 2022), the lines between financial and managerial accounting to investigate sustainable profit are constantly being mixed as a result of the new economic norm, which is bringing this relationship closer every day, but the continuous progress of economic globalization through science and technology for sustainable profit has become an important direction for the development of businesses to detect entrepreneurial problems and prevent risks (Hou 2022;Panait et al 2022), since in the current competitive environment, businesses pay the market great importance on financial performance evaluation research, paying attention to workers' talents to increase sustainable profit (Chen 2021). According to (Yang and Jiang 2020), the hybrid approach greatly improves the accuracy of the data in the accounting financial statements.…”