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    Emphasizing Financial Management And Refining Accounting At All Levels

    2008/6/28 12:44:00 22

    Emphasizing Financial Management And Refining Accounting At All Levels

    The importance of financial management in an enterprise does not need to be questioned. We brought it to the conference today, which is further emphasized on the basis of the original basis, so as to further expand and deepen the role of financial management in China's business activities on the basis of consolidating the original results.


    Some people say that statistics are the third eyes managed, so financial management is the eyes of the whole management.

    If financial management can not keep up with others, it will be short-sighted with people. If financial management is not detailed, just like a person suffering from old flowers, if financial risk control can not keep pace with it, it will be like a person suffering from cataract.

    Therefore, the level of financial management and financial analysis determines the scope of vision and length of sight of enterprises, which determines the predictability and controllability of enterprises' risks.

    If the financial affairs of an enterprise can not reflect the operation of an enterprise in an accurate, timely and detailed manner, then the enterprise is like a lamb who has lost its way in the fog.


    Why is financial management so important? Let's take a look at its role in specific management.


    First, financial management is the important measure and the only measure to maximize shareholder value.


    Second, financial management is an important basis for strategic planning and strategic decision making.


    Third, financial management is an important support for budget management and target management.


    Fourth, financial management is the most reliable source of information for comparative analysis of enterprise problems.


    Fifth, financial management is an important means to control enterprise operation risk.


    Sixth, financial management is the sole criterion for evaluating business results.


    Seventh, financial management is the general basis for managers to make daily decisions.


    Eighth, financial management is an effective means to achieve cost control.


    Ninth, financial management is an important basis for the company to conduct market positioning and determine market strategy.


    Tenth, financial management is an important basis for the company to motivate and assess the main management personnel.


         

    Refining the accounting at all levels.

    Refining accounting at all levels is one of our most important tasks at present and is also an important part of consolidating our management foundation.

    Specifically, the following aspects:


    First, pay attention to basic data and strengthen grass-roots accounting.

    Mainly refers to paying attention to the consistency of basic data statistics, the continuity of basic data pfer, and strengthening the accounting ability of teams, sections and warehouses, and improving the accounting level of teams, sections and warehouses.


    Second, emphasize immediate accounting, immediate summarization and immediate reflection.

    When and when to do it can be quickly provided and accurately reflected.


    Third, we should emphasize the sense of reporting and classification in accounting, rather than simply keeping accounts.


    Fourth, improve the utilization of various data and improve the analysis level of various data.


    Fifth, to refine the cost accounting, at least to each model, such as soft 62 copper strip, hard 62 copper strip and so on.

    At the same time, we should focus on every team in each section. If the cost of class A is lower than that of class B, or even much lower, we should analyze the reasons and control it.


    Sixth, in view of the fluctuating price of raw materials of copper materials, it is suggested to adopt the moving weighted average method for stock accounting of raw materials warehouse.


    Seventh, the Ministry of finance should give specific guidance, put forward specific requirements and submit it to the chief executive office for the record.


    Eighth, the Ministry of finance should check and review the relevant data every day, and conduct spot checks in the office.

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