How To Do Well Financial Management In Enterprise Management

Cost management of enterprise cost management is an important part of enterprise management. It requires systematic, comprehensive, scientific and reasonable. It is of great significance for promoting production and expenditure saving, strengthening economic accounting, improving enterprise management and improving the overall management level of enterprises.

Cost management is the general term of a series of scientific management actions, such as cost accounting, cost analysis, cost decision and cost control in the process of production and operation.

Cost management generally includes cost forecasting, cost decision-making, cost planning, cost accounting, cost control, cost analysis, cost assessment and other functions.

Management cost refers to the organization and management of enterprise administrative departments.

The expenses incurred include wages and benefits, depreciation, office expenses, post and telecommunications charges and insurance premiums.

Cost management is to fully mobilize and organize all the personnel of the enterprise. Under the premise of ensuring the quality of products, we should carry out scientific and rational management of all links in the production and operation process of enterprises, and strive to achieve maximum production results with the least production cost.

Generally speaking, in addition to the cost concept of daily cost accounting, the cost concept of specific cost management can be classified into the scope of management cost, which includes responsibility cost, quality cost, differential cost, opportunity cost, fixed cost, variable cost, marginal cost, sunk cost and controllable cost.

It can avoid cost, unavoidable cost, marginal cost and so on.

The concept of management cost is rich and varied, and it is still developing continuously. As long as the cost management is developing continuously, the development of the concept of management cost will not stop.

The development of everything has its own laws. Qualitative change is the product of quantitative change to a certain extent. As a company's chief financial officer, it should have the ability to analyze its regularity from the past company's financial data and social development and change process. From the company's internal and external environment, it analyzes the opportunities and challenges of the company's survival and development, and concludes that those companies are different from their competitors and are accepted by the market, which can bring the core of sustained value-added to the company.

On this basis, we formulate a financial strategy suitable for strategic needs, so as to allocate company resources more reasonably, and promote the realization of the company's overall strategy and maximize the value of the company.

How to choose a company that is most suitable for a variety of options is often a problem in front of the chief financial officer. The chief financial officer should have better strategic choice ability. He should make use of his professional knowledge and experience to choose a strategic implementation path for the company with low resource consumption, low risk and easy operation and control.

When the strategy is determined, how to better implement the selected plan after implementation, the strategic control becomes the key. The CFO should be able to adjust the organizational structure according to the strategic requirements, straighten out the corresponding command relations, establish various management systems suitable for the strategic implementation needs, rationally use and control various strategic resources, coordinate and deal with the conflicts and contradictions brought about by all kinds of activities and activities during the implementation of the strategy, maximize the utilization efficiency of the company's resources, and ensure the full implementation of the company's strategy.

With the development of social science and technology, the competition between companies is becoming more and more complex. The company's requirements for the chief financial officer are getting higher and higher. Colleagues who are interested in working as chief financial officer should learn quickly, be brave in practice, and strive to improve their responsibility to adapt to this rapidly developing society.