Strengthening Cost Management And Control Work

The level of enterprise cost directly determines the size of the profitability of the enterprise and the strength of its competitiveness.

Controlling cost, saving cost and reducing material consumption are of great importance to enterprises.

The financial department should give full play to its advantages of having a large amount of value information, and use the method of quantity profit and profit analysis to reasonably determine the lowest cost and the largest profit.

To reduce invalid or inefficient labor; to change the practice of waste control after the current product cost, and to focus solely on cost control in the production process.

We should combine the technological progress, cost control and economic benefits, eliminate the waste of cost in the "source" of the products, and realize the pre participation and advance control of the cost management by the financial department.

We should pay special attention to it.

The management of purchase cost, sales cost and management cost should be focused on the price, quality structure and stock of raw and auxiliary materials. We should carefully study the market and purchase strategy of raw and auxiliary materials, and purchase according to the principles of multiple goods, quality and price, and choose the best ones; the selling cost control should be focused on selling expenses, compressing stocks, paying off loans, reducing capital occupation and interest expenses. The control of management expenses should be focused on business entertainment and travel expenses, strict examination and approval procedures, and really manage and control the management cost well.

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Statistics show that 80% of bankrupt enterprises in developed countries still show profits when they fail, and the main reason for their closure is insufficient cash flow.

Our country is no exception. Once the largest investment bank in Hongkong, the company of Peregrine and the powerful giant company in the mainland of Zhuhai are also in good profitability, but the net cash flow is not enough to repay the maturity debt, causing financial crisis and plunged into bankruptcy.

It can be seen that good profitability is not a sufficient condition for enterprises to develop continuously and healthfully. Whether or not they have normal cash flow is the prerequisite for continuous operation of enterprises.

With the development of economy, more and more people believe that financial accounting is a way of enterprise management, especially in the use of funds in enterprises.

I wonder if this statement is accurate? What kind of role does financial accounting play in enterprise management? How can we make it play a better role?

Financial accounting is an important basic work of modern enterprises. Through a series of accounting procedures, it provides useful information for decision-making and actively participates in business management decisions. It improves the economic efficiency of enterprises and serves the healthy and orderly development of market economy.

With the establishment of modern enterprise system, modern enterprise management has gradually become a huge system engineering consisting of personnel management, production management, management, marketing management and financial accounting management.

Financial accounting is the information support system of various management activities. Enterprise managers make decisions according to the results of enterprise management and operation provided by financial accounting.

The goal of financial accounting is to ensure that managers perform their duties and provide useful information for investment, which highlights the value of financial accounting and shows the important role of financial accounting in enterprises.

The financial management of enterprises has the functions of planning, controlling, supervising and capital operation.

There are two common misconceptions about financial management.

One thinks that financial management is to manage money, so long as money is kept, everything can be done well.

But this is not the case.

In the specific management, accounting plays an important role that can not be ignored. Only by strengthening internal accounting can we really save money and reduce consumption. Otherwise, "money" can not be controlled.

Another is that financial management is the management of the financial sector, the financial sector and other management departments to cut apart, the financial management of the antenna can not be extended to all management work.

In fact, there is a big misunderstanding about this statement. If the financial sector is separated from other management departments, financial management will become a useless tree, and its role can not be brought into full play, thus forming two pieces of "skin" in operation and production.

Once this situation appears in enterprise management, it will bring great hidden danger.

In order to do a good job in financial management, in addition to the close coordination with other management departments, there must be a high-quality financial and social team.

Financial work management object is special, financial personnel must have a higher professional quality. We must strengthen the financial staff's legal concept while strengthening the construction of accounting team.

Accountants should work in accordance with the provisions of accounting laws, regulations and systems, and ensure that the accounting information provided is lawful, authentic, accurate, timely and complete.

For enterprises, finance is very important, and modern finance is also a concept of "big finance", which involves all aspects of the company.

But the management of the company is not always a financial man. What are the modern financial management skills that the non-financial senior managers need to master? How to make use of financial information to improve the level of enterprise management and decision making, and improve the company's internal control by means of financial means, so as to better enhance the value of the company and improve the management performance?

Financial management plays a key role in the management of modern enterprises.

But financial management is not just a matter of the financial department. In fact, the non-financial managers of the company need to master some modern financial management skills and methods.

Only in this way can we effectively ensure that financial work can proceed smoothly according to the company's development goals.

Using financial means to improve company internal control, improve decision-making level, enhance company value, and deeply understand the basic concept of company operation is also an inevitable requirement for enterprises to adapt to increasingly fierce competition.