The role of financial management in improving the economic benefits of enterprises

The main problems faced by enterprise financial management have changed from planned economy to market economy. As an independent economic entity and interest subject, to strive for the greatest economic benefits, we must face the financing, fund-raising and investment of the market. Not only facing many risks and uncertainties, but also in the above-mentioned transformation process, the disadvantages brought by following the traditional financial management model have seriously hindered the process of enterprises going to the market and improving economic efficiency. Outstanding performance is as follows: First, there are investment risks, financing risks and funds in the market economy. Second, the basic accounting work is not perfect, the quality of financial personnel is low, it is impossible to strengthen financial management supervision, and less involved in pre-control such as forecasting and decision analysis; Third, there is a lack of understanding of costs and expenses, accounting information is inaccurate, and only the production cost of products is concerned, while the capital cost in the financing process and the investment cost of enterprises' foreign investment are ignored; Fourth, backward management methods, unfavorable financial supervision, poor information transmission will increase efficiency, and insufficient supervision of violations of financial discipline. With the continuous improvement of economic system reform, it has become a realistic choice and the only way to deepen the financial management system of enterprises to establish risk concept, enhance competition awareness, strengthen basic accounting work, improve the quality of financial personnel, establish a comprehensive cost concept, accurately provide accounting information, strengthen the modernization of management means and strengthen financial accounting supervision. ...