The basic function of finance

The basic functions of finance include the following aspects:

Financial planning and budget: to formulate the company's financial planning and budget, ensure that the company has enough funds to invest in various businesses, and also consider the balance between risks and benefits.

Fund management: responsible for the cash flow management of the company, to ensure that the company can meet the daily business needs and respond to emergencies at any time.

Financial report and analysis: responsible for preparing and analyzing the company's financial statements, and providing financial decision support and suggestions for the company's top management.

Tax management: responsible for the tax management and compliance of the company, ensuring that the company abides by relevant tax laws and regulations and makes maximum use of preferential tax policies.

Risk management: responsible for evaluating the company's risks and formulating risk management strategies to ensure that the company's risks are controlled and losses are minimized.

Asset management: responsible for managing the company's assets, including fixed assets and current assets, to ensure the maximum utilization and preservation of the company's assets.

Financing: responsible for raising funds for the company, including issuing bonds, stocks and other financing methods, as well as negotiations and cooperation with banks, investors and financial institutions.

Investment decision: responsible for evaluating and formulating the company's investment strategy, including determining the investment scope, objectives, standards and processes.

Management accounting: provide accounting information support for the internal management of the company, including cost accounting and performance management.

Audit and audit: responsible for the internal audit and external audit of the company, to ensure that the company complies with the financial reporting standards and regulations, and to ensure the authenticity and accuracy of financial information.

Capital budget: responsible for the company's capital budget, including evaluating the benefits and risks of various investment projects, and deciding which projects should be invested and which projects should be cut or terminated.

Cash management: responsible for the company's cash management, including cash flow management, to maximize revenue and reduce risks.

Generally speaking, the basic function of finance is to ensure the financial stability and sustainable development of the company and provide financial support and suggestions for the company's decision-making.