How To Make Financial Control

The stratification of control subjects is mainly aimed at the enterprises of the company. This is mainly due to the fact that under the form of proprietorship or partnership organization, the owners of the ownership and management rights are basically unified and indivisible, and the financial rights of enterprises are naturally inseparable.

First, as the owner of an enterprise, the investor, under the mode of separating the two rights of ownership and management right of the corporate system, mainly exercises the power of financial supervision to restrict the financial behavior of the operators in order to ensure the realization of their capital preservation, value added and income distribution, so as to ensure capital safety and value added.

Specifically, it includes: financing decisions based on the prevention of ownership dilution; foreign investment decisions based on the protection of investors' rights and interests; decisions on capital changes based on the merger, separation, cancellation and liquidation of enterprises; and the decision-making of interest allocation based on the pursuit of capital appreciation.

Secondly, operators enjoy the right of direct operation of enterprises, in order to ensure the integrity of corporate property.

It must be directly involved in the financial decisions of enterprises, mainly composed of the board of directors and general manager (CEO) as the representative of the management level.

According to the relevant provisions of the company law of China, the board of directors is elected by the founding meeting or the general meeting of shareholders. It is the company's legal representative and the highest decision-making and leading body of the company. It is responsible for financial decision-making and control in all aspects, and determines the company's financial status in essence.

Specifically, it includes making financial strategies, approving effective financial forecasts, reporting financial status to shareholders' meetings, appointing and dismissing managers of financial departments, organizing and coordinating financial relationships.

Thirdly, the enterprise financial management department, headed by the vice president of enterprise finance, bears most of the specific financial management affairs of the enterprise, and is a specialized financial management organization.

Its main responsibilities include: first, responsible for the daily accounting treatment of enterprises, ensuring the accuracy, timely and consistency of the financial affairs; two, establishing and improving the internal financial system of enterprises, standardizing the internal financial behavior of enterprises, carrying out financial analysis, and implementing the internal financial monitoring functions of enterprises.

At present, a considerable number of enterprises do not attach enough importance to the establishment of internal financial system.

System construction is the foundation of financial management. Without system, management can not be standardized.

Therefore, establishing and improving the internal financial management system is an important part of the internal supervision of enterprises, which should be highly valued.

The first is the basic business procedure system.

Financial management is a strict procedure management process. A little unreasonable setting will affect the efficiency of financial management. Practice includes: the compilation and adjustment of financial plan; the operation and result feedback procedure of capital, cost, sales, profit forecast; capital management method; accounts receivable registration, checking, cleaning and storage system; investment plan, feasibility analysis procedure of investment project; sales settlement, return, discount, discount management; financial analysis internal index system, analysis method, analysis requirement, organization and reporting sequence and so on.