Several Effective Methods Of Financial Management

Under the socialist market economic system, strengthening financial management is the inevitable choice to realize the pformation from enlarging the extension to the potential and improving the efficiency.

How to give full play to the central role of financial management in enterprise management should focus on the following tasks:

The smooth development of accounting work is inseparable from the highly valued and strong support of enterprise leaders.

Leaders of enterprises should select personnel with good ideological quality, strong sense of responsibility and high level of business to enrich the financial team and make people wise.

We should renew our ideas and set up the new concept of financial management as the core of enterprise management, so that employees, especially business leaders, understand the importance of financial management and enhance their awareness of financial management.

Two, update knowledge, improve the professional quality of accountants, and fully adapt to the requirements of modern enterprise management.

The key to the role of financial management lies in financial personnel.

We must further improve the quality of financial personnel. Financial managers should not only understand accounting, but also be good at managing money, that is, how to give full play to the functions of financial management.

In addition to having a solid professional knowledge, accountants should also be familiar with the laws and regulations of the state, and have certain observation and prediction ability for social environment, including political factors, economic factors, and enterprise factors, and have strong management ability.

We should give full play to computers in accounting and

The role of accounting software is to standardize the production of accounting vouchers through the use of commercialized accounting software.

Timely accounts, accurate data, the system can automatically generate accounting statements, so as to participate in business decisions with high-quality accounting information.

The application of computerized accounting has laid the foundation for realizing the pformation from accounting to management and realizing the qualitative leap of financial management as soon as possible.

1, enterprises must establish an orderly fund recycling mechanism.

Strengthen the unified management of funds, centralized scheduling, paid use, internal use of funds to simulate bank settlement, maintain a reasonable financing structure, moderate debt management, and strive to reduce the cost of financing and financing risk.

The financial sector should overcome the phenomenon of heavy commodity credit and light capital credit, so as to maintain good financing reputation and form a benign trend of borrowing - borrowing - borrowing.

2, strengthen institutional management of funds and maintain the rationalization of capital composition.

The reasonable structure of capital occupation is the premise of ensuring the maximum efficiency of funds. The financial department determines the capital structure of the best purchase point by means of financial calculation, reverses the present situation of the enterprise's abnormal allocation in capital allocation, changes the passive position of the financial department waiting for the purchase of goods to return, adopts flexible and changeable settlement methods, increases the regulation and control efforts of the financial departments on capital operation, and monitors the implementation of the sales responsibility system centered on currency withdrawal.

We should always pay attention to the deviation of capital operation and timely adjust the capital structure.

3, strengthen the management of foreign investment.

Blind investment leads to waste of funds, which is an important reason for inefficiency of funds.

The financial department should collect useful information outside the enterprise, take the initiative to study the market, take part in the calculation and demonstration of investment projects, strengthen the feasibility study of long-term investment, set up the concept of investment reporting, consider the time value and risk value of money, accurately compare the investment reporting rate and financing cost rate of projects, and maximize the investment benefits: regular auditing of investment projects, increasing financial supervision over construction projects, and tracking and assessing the effect of fund utilization.

4, strengthen the accumulation of capital compensation.

The financial department should monitor the diversion of enterprise funds and prevent excessive diversion to wages and benefits, non production investment and so on.

We should rationally formulate the profit distribution policy after tax, as far as possible for enterprises to expand reproduction and promote the development of enterprises' self mobility.