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What are the main models and approaches to financial work in the current investigation unit?

Currently investigating the main modes and methods of financial work are: centralized, decentralized, mixed.

The three management modes have their own advantages and disadvantages, can not be absolutely applied to a particular mode in a particular enterprise. In the different stages of development and in different industries, the applicable financial management model is also different.

1, centralized financial management model. This financial management model is generally mainly used in smaller enterprises, this model, the enterprise's raising, investment, win, the power to centralize in the management, the subordinate departments only have a small amount of financial power. The financial management of the enterprise is essentially financial accounting.

2, the vast majority of the financial budget, investment role, the use of funds are decided by the owner or owner team. This model has the advantages of unified management, internal coordination, rapid response. And its disadvantage is that the efficiency of capital utilization is not high, the financial risk is greater.

3, decentralized financial management model. Decentralized financial management refers to the financial power down to the departments, autonomous management, self-financing, it is mainly used in large-scale enterprises. The advantages of this model is to fully mobilize the enthusiasm of the department, while the financial risk is dispersed to the departments.

4, but it also brings many disadvantages, for example, the departments will be on the overall operating costs of the enterprise to share the contradiction between the departments, the departments of the investment and distribution of their own, the lack of overall awareness, which leads to inter-departmental vicious competition.

5, hybrid financial management model. Hybrid financial management model is a combination of centralized and decentralized, it is mainly used in medium-sized enterprises. Hybrid financial management model is characterized by the overall level of the enterprise to retain the core financial management authority, and part of the financial power down to the departments.

6, the group financial management organization to play a coordinating role in various departments, its focus is to improve the overall financial situation of the enterprise and enhance competitiveness. Its activities need to be supervised and managed by the group financial management organization. Hybrid financial management model can overcome the shortcomings of the previous two models, both mobilizing departmental enthusiasm, but also good interdepartmental coordination.