The Ministry of Finance issued guidelines on comprehensively deepening the application of management accounting. Through about five years of effort, the framework for management accounting guidelines has been further improved, the digitalization and intelligence level of management accounting has significantly increased, theoretical research and talent cultivation in management accounting have further strengthened, the market for management accounting consulting and technical services has become more standardized, and the application level of management accounting has clearly reached a new level; through about ten years of effort, management accounting has been comprehensively applied and promoted in large and medium-sized enterprises and qualifying administrative and public institutions, with a number of organizations' management accounting application levels ranking among the world's best, the comprehensive effectiveness of management accounting applications has significantly improved, and the service of management accounting for economic and social development has become more powerful and effective.