Defects in financial management

The deficiency of enterprise financial management

1. Lack of perfect system support

Enterprises are an important part of the socialist economy. In the new form, some enterprises still follow the traditional management mode and have no innovative management system, so the overall efficiency of enterprises is very low. The system provides a constraint for the behavior of all departments of the enterprise, especially for the financial management department with special nature, which needs a suitable system as a guarantee. Secondly, there are also some enterprise managers who set up financial management institutions too simply, and often tend to ignore the importance of regulatory agencies, resulting in financial management becoming a mere formality and not playing a real role.

2. Financial management decisions are not rigorous

Financial management is different from other business management links. For an enterprise, when formulating measures to improve and perfect various management work, this planning is often not considered. This is not to say that enterprises ignore the management of financial information, but that enterprise managers think this part is relatively hidden and cannot be easily discussed openly. Therefore, this attitude of enterprises will lead some senior managers to make decisions based on personal subjective wishes when dealing with relevant information, which is arbitrary.

3. Accounting information is very hidden and weak.

For a long time, the financial information problems involved by enterprises are not open and transparent, and the authenticity and fairness of financial management are difficult to guarantee, which will reduce the efficiency of financial management. Moreover, in order to seek greater personal interests, some enterprises evade taxes, falsify financial information and transmit some wrong information to the outside world. In addition, the weakening of accounting information is also an important reason that restricts the efficiency of financial management, which is mainly caused by two aspects.

On the one hand, the overall quality of financial managers is uneven, resulting in frequent financial mistakes due to lack of qualification certificates or imperfect knowledge reserves; Secondly, as an important part of financial management, information system plays a key role. Due to the rapid development of science and technology, its upgrading is very fast. However, enterprises have not actively updated and upgraded it. In the long run, it will inevitably lead to the lack of authenticity of accounting information.

Measures to strengthen enterprise financial management

1. Improve the management system to ensure the smooth progress of management.

Under the background of the new accounting system, in order to prevent frequent problems, we must formulate a perfect financial management system in accordance with the relevant provisions of the Accounting Law, combined with corporate culture and strategic objectives, and ensure that it can be implemented in every link. Only with the support of the system can all financial management work be carried out in an orderly manner.

Financial management is a long-term process, and enterprise managers must not rush for success. In the face of problems, they must explore the essential reasons and strengthen the risk response measures in time. At the same time, considering the particularity of financial management, it is necessary to establish a supervision system to ensure that its work can be carried out fairly and smoothly. In addition, enterprises must actively learn from the excellent experience of foreign management systems and combine their own reality to promote the icing on the cake of management systems.

2. Establish financial management objectives to maximize the interests of enterprises.

At present, in the fierce competition environment, if an enterprise wants to occupy a place, it must be clear about its financial management objectives, so that it will not be divorced from the development track. The establishment of the goal should be compatible with the sustainable development goal of the economy. Starting from the actual situation of enterprises, combined with the requirements and characteristics of the new accounting system, the information or resources involved in financial management should be reasonably integrated to promote enterprises to seek the greatest interests. Financial operation, liquidity, risk supervision, etc. They are all important issues that need to be considered when establishing financial management objectives, and any production and operation activities of enterprises are inseparable from their functions. The establishment of financial management objectives can not only standardize the financial management behavior of enterprises, but also lay a solid foundation for future scientific and technological innovation activities of enterprises.

3. Change the management concept and improve the understanding of financial management.

Under the background of the new accounting system, the concept of financial management must keep pace with the times and innovate constantly. However, at present, because many financial managers have a one-sided understanding of financial management, they think that financial management is a simple record of capital income and expenditure, and there is no in-depth study. Coupled with the far-reaching influence of traditional thinking, some enterprises attach great importance to the hidden management of finance, which often leads to the influence of personal subjective emotions when making decisions. In the long run, the financial management efficiency of enterprises will still stagnate. Therefore, enterprise managers must deeply realize this and strengthen the management of financial work.

For financial managers, it is necessary to change management ideas, continuously extend financial management functions, strengthen communication between departments, get the latest financial situation in time, and make scientific financial management decisions in combination with the current actual situation of enterprises. At the same time, through the integration of all information, we can make certain predictions on financial management and urge enterprises to avoid risks in time. In addition, with the development of science and technology, financial management is gradually developing in the direction of informationization and integration. Enterprises need to establish and improve electronic computer systems to keep pace with the times and provide a strong driving force for the development of enterprises. Financial management is a systematic work, which can not be separated from the participation of all employees and democratic decision-making, thus promoting the long-term development of enterprises.

4. Establish decision-making procedures and constantly improve the risk control system.

Due to unscientific enterprise management mode, there are many problems in financial management. Therefore, enterprises must establish a set of scientific and perfect decision-making procedures, with the support of software technology and information technology, to ensure that all departments and personnel can clearly divide their work when facing problems, so as to promote the reasonable solution of problems. Therefore, enterprises should establish a financial management information platform to ensure the openness and transparency of all information and provide authenticity guarantee for the orderly development of future work. Once problems are found, we must resolutely follow the procedures, explore the reasons and formulate measures. At the same time, the financial risk control system is also essential, which enables enterprises to actively respond to various financial risks and ensure that enterprises occupy a stable position in the fierce market competition. 5. Strengthen personnel training to provide reliable backing for enterprises. The comprehensive quality level of financial managers is also an important factor restricting the efficiency of enterprise financial management. Therefore, enterprises must pay more attention to financial management personnel. On the one hand, in order to improve the professional skills of managers, enterprises can conduct regular training and management, and evaluate the results, so as to improve their understanding. At the same time, in order to improve the enthusiasm of financial management, some reward and punishment systems can be established to realize the personal value of financial managers and fundamentally improve the overall work efficiency; Secondly, enterprises should improve the employment standards, implement open and transparent recruitment, establish a scientific talent training system, set up an efficient financial management team, attract more outstanding talents to join them, and provide a solid backing for the sustainable development of enterprises. For financial managers themselves, they should have a sense of ownership, be clear about their rights and obligations, constantly enrich themselves, improve the professional ethics of accountants and make contributions to the development of enterprises.