Some Enlightenment From Strengthening Financial Thinking To Enterprise Management

1, in order to reveal the past or face the future, we should clarify the responsibilities and boundaries of accounting and financial work.

To prevent the two from mixing up, or doing the same thing over and over again, or to do something important.

At the same time, the two must be linked up, accounting is data flow and information flow, and financial work is workflow and material flow.

Accounting work is for financial work, should consider the needs of financial work.

For example, the design of accounting subjects and the establishment of accounting system should not only adapt to national standards, but also consider the needs of business management.

2, build a financial system for the future.

The chief financial officer or chief financial officer should play an important role and play a more important role in the operation of enterprises.

Financial work should consider the requirements of strategic work more, and consider more macro factors, intangible elements and various formatted data.

Financial decisions should constantly overcome the inherent mindset and have both the soundness and innovative thinking characteristics.

It is necessary to continuously improve the judgement of uncertain factors in the future as the core competency of financial workers.

3, we should extend the characteristics of financial thinking towards the future to every aspect of business management.

The strategy is based on the future and the overall situation.

In a sense, financial thinking and strategic thinking are interlinked.

For example, employing people should also face the future and face the future of the overall business situation.

When the enterprise develops to a certain stage, it is necessary to prevent the veterans from eating old books, and to prevent the paratroopers from having their profits. All of them should be taken as a decision-making standard to promote the future growth of enterprises. We must resolutely abandon the practice of seeking truth from facts, blind superstition, "foreign monks chanting chanting" and so on, which do not conform to the principle of seeking truth from facts.

Similar thinking should also be introduced in other aspects of decision-making in enterprises.

Simply speaking, accounting thinking is to focus on the past, is a static, static view, is to use the past decision making now, with the current decision of the future, and financial thinking is to focus on the future, is a development, dynamic viewpoint, is to use the future decision making now.

Why does this happen? This is related to the nature and characteristics of accounting work and financial work.

In our work, we often find that people who work in accounting for a long time have very hard thinking patterns. They are more conscientious and are more serious than others. They like to kill a child. They like to be sharp minded, stubborn, rigid, narrow minded and closed minded. They are accustomed to talking about things and are often suspicious of new things. This kind of performance can be generally called "accounting thinking".

Of course, things are not absolute. There are also excellent personages who have long experience in accounting work but can jump out of their inherent thinking through their own practice. This is a "general" and "handsome talent" who are both pragmatic and innovative.

Accounting is the language of economic activities.

In fact, all people engaged in economic activities should understand some accountants, otherwise they can not communicate with others, but it is not enough to know only a few things. They must also understand the essence of accounting and go beyond it. We must harness it instead of being controlled by it.

Let's take a look at our work and life.

"In fact, it is omnipresent. Many of our decisions are based on the past judgement of the present, and based on the present judgement of the future, we fall into the quagmire of empiricism.

In essence, it only provides a reference for decision making, and it is a kind of data. However, the various prediction models produced by it almost monopolize the decision-making behavior itself.

That is to say, accounting thinking must be promoted to "financial thinking".

The so-called "financial thinking" is based on business, based on the future factors affecting the operation of a scientific plan.

Such a plan should consider the past data, but not only in the past, but also in consideration of various factors in the future. To consider its own data, it is more important to consider the factors of environmental change such as competitors and alternatives, not only to consider accounting data, but also to consider all kinds of non formatted data, such as various behavioral data, which are not reflected in accounting statements.