Four Basic Principles Of Financial Management And Control Design

< p > the design principles of the group's financial control system involve the requirements of group a < href= > http://www.91se91.com/news/index_c.asp > financial control > < /a >.

First, group financial control involves all levels of financial management within the group. Therefore, first of all, it is necessary to conform to the basic principles of financial management. At the same time, group financial control is the core part of group management and control, and some other special design principles should be observed.

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< p > 1. The principle of systematization is that financial management is a subsystem of the management system of the members of the group. It also consists of many subsystems, such as fund-raising management, investment management, distribution management and so on.

Adhering to the systematic principle in financial management is the primary starting point of financial management work. It specifically requires three points.

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< p > the first point is the overall optimization, and only the overall optimal system is the best system.

The second point is structural optimization. Any system is a hierarchical system with a certain level of structure. In the aspect of enterprise resource allocation, we should pay attention to the structural proportion optimization, so as to ensure the overall optimization, such as the optimization of capital structure, asset structure and distribution structure.

The third point is that environmental adaptability is strong, and the financial management system must maintain appropriate flexibility to adapt to environmental changes.

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< p > two, < a href= "http://www.91se91.com/news/index_c.asp > > cash balance < /a > principle refers to the implementation of the cash basis rather than the accrual basis in the financial management, which objectively requires the dynamic balance between cash income (inflow) and cash expenditure (outflow) in quantity and time in the process of financial management, that is, the balance of cash flow.

The basic way to keep cash balance is cash budget control.

The cash budget can be regarded as the comprehensive balance of the financing plan, investment plan and distribution plan, so the cash budget is an effective tool for controlling cash flow.

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< p > three, the principle of income risk is that in the process of < a href= "http://www.91se91.com/news/index_c.asp" > Financial Management > /a >, it is always cost and risk to get profits. Therefore, costs, profits and risks are always interrelated and interrelated.

Financial management personnel must firmly establish the concept of trinity of cost, income and risk to guide specific financial management activities.

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< p > four, the principle of interest coordination means that when undertaking financial activities, enterprises can not get away from the financial relationship between dealing with owners, creditors, operators, employees, content departments, debtors, invested enterprises, state (government), and the public interest.

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< p > from this point of view, the financial management process is also a process of coordinating various interests.

The success of the coordination of interest relations is directly related to the degree of realization of financial management objectives.

State laws and regulations, enterprise contracts (contracts), articles of association and internal financial management systems are all norms governing the handling of financial relationships by enterprises.

Therefore, enterprises must manage property in accordance with the law and not arbitrarily.

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< p > the design of the basic principles of financial control and control. In many cases, we should also face the future, referring to the successful experiences of some large international companies and the new regulations and regulations of the state.

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