Traditional Culture Encyclopedia - Traditional culture - Three Models of Financial Management

Three Models of Financial Management

Centralized, decentralized and decentralized management.

1, centralized: centralized financial management is applicable to the overall management framework of the enterprise group company, in order to achieve the overall financial objectives of the enterprise group company designed financial management model.

2, decentralized: decentralized financial management refers to the enterprise will be financial decision-making and management rights completely decentralized to the units, the units only need to some of the results of the decision-making report to the corporate headquarters for the record.

3, decentralized management: the financial power down to the departments, independent management, self-financing, mainly used in large-scale enterprises.