How to speed up the financial transformation of enterprises and enhance their financial value?

With the rapid development of China's socialist market economy and the change of social environment, the development space and situation of enterprises are constantly changing. As an important part of enterprise management, enterprise financial management plays an important role in the development of enterprises. Under the new situation, we must change our working ideas and methods, speed up the reform of enterprise financial management, enhance the core value of enterprise financial management, and make necessary preparations for the development of enterprises. At the moment of China's economic system and economic transformation, facing the requirements of the new situation, how to speed up the financial transformation and improve the financial mechanism of enterprises has become a difficult problem before people. This paper puts forward some operable methods and measures.

Keywords: enterprise financial transformation property right value method

First, the background analysis of financial transformation of enterprises in China

At present, the social and economic competition is becoming increasingly fierce. With the advent of knowledge economy, enterprise financial management must keep pace with the times, change working methods in time, adjust working ideas and meet various challenges. With the rapid development of science and technology and the continuous improvement and optimization of enterprise financial management system, the traditional enterprise financial management focuses on the management of enterprise materials, but the requirements of the new economic era are to make timely adjustments, change the concept of materialized management into the management of human resources, highlight the effective combination of materialized management and humanized management, and attach importance to the development and application of human resources.

Facing the new situation of economic development, it also puts forward new requirements for enterprise financial management. Enterprise financial management involves a wide range, including the raising, distribution and application of funds, which is related to the survival and development of enterprises. To realize financial transformation, we must keep pace with the times, and make timely regulation in combination with the current situation of enterprises and the social environment they are facing. At present, the enterprise's finance is not a simple calculation of enterprise's material capital in the past, but a comprehensive calculation of material capital, knowledge capital and talent capital, which requires enterprises to change their working methods and attach importance to the management of enterprise's knowledge, technology and financial resources. Faced with fierce market competition, enterprises should also have a sense of crisis. In an unstable environment, they should strengthen financial management and reduce financial risks, such as financial risks, disaster risks, environmental and legal risks and financing risks.

Second, the financial management of enterprises in China problems

(A) the financial system exists in name only, and the implementation is biased.

In China, the current financial system is relatively sound, but its execution is not optimistic. The frequent problems in enterprise financial management are not caused by the lack of financial system, but more because of improper behavior of staff, neglect of financial system and weak financial execution. Because in our country, the development of accounting started late and was relatively slow, the society did not pay enough attention to the modernization of accounting, did not agree with the status of accounting personnel, and even underestimated or looked down upon it. Accounting in an enterprise is under the leadership of the enterprise, has no independent status, is influenced and directed by the leadership, and sometimes fails to regulate its own operation according to the standardized financial system and financial articles of association in specific work, or even loses the necessary professional ethics. As an economic man, the financial manager of an enterprise is actually selfish. Some staff members have a weak sense of legal discipline and have no good professional ethics. In order to please business operators and managers, they will pursue illegitimate interests and achievements, deliberately make false accounts, and do not hesitate to evade the inspection of finance, taxation and auditing departments by various means. At present, many financial personnel in Chinese enterprises implement the financial system passively or out of context, and do not play the role of predicting beforehand, controlling in the process, participating in decision-making and analyzing afterwards. This is a common problem in the financial management of enterprises in China, and it is very serious, which is very unfavorable to the development of enterprises.

(B) improper positioning of management objectives

As we know, enterprises, as the main body of market economy development, aim to obtain certain profits through their own production activities and services, maximize their own interests and strive for greater profits. This was in line with the social environment at that time. People's desires are infinite, but the resources they need are very limited. Faced with limited resources and fierce market competition, such a choice also has certain basis. However, the profit of an enterprise needs to be realized through transactions with customers, and there will be detailed business processes in the process of transactions. With the development of the times, the management of customer objectives and the optimization of business processes need to be adjusted in time to adapt to the financial affairs of enterprises, which inevitably requires the financial management of enterprises to adjust and change management objectives.

(C) accounting information distortion

In market economy activities, enterprises are profit-oriented and profit-oriented. As an independent legal person, it is responsible for its own profits and losses and operates independently. With the advent of informationization and the intensification of market competition, financial management, as a barometer of enterprise development, has become the highlight of enterprise development, and financial accounting information is becoming more and more important and necessary. Accounting information is directly related to the production and development of enterprises, and it is a true portrayal of the development of enterprises, which needs the attention of enterprises. Some enterprises will violate laws and regulations and create false financial information in order to seek personal gain. For example, falsely listing employee information, making false wage vouchers, falsely issuing invoices instead of VAT invoices, forging contracts at will to collect cash, and even distorting enterprise accounting accounts and statements.

Third, the strategies and ways to accelerate the financial transformation of enterprises.

(A) to build a new enterprise financial management system

As the best constraint and incentive measures for enterprise development, system plays a vital role in enterprise development. In the financial management of enterprises, we must also strengthen the system management, and formulate a new financial management system to meet the needs of the new situation according to the requirements of social and economic development. Facing the new development situation, in order to realize the transformation of enterprise finance and realize efficient financial management activities, it is necessary to change some existing unreasonable financial management systems and enhance the value of enterprise finance. How to speed up the reform of enterprise financial management system and enhance financial value? We can start from the following aspects.

First of all, we should change the traditional financial management mode of accounting, accounting and reimbursement, which can only react and adapt to the activities of enterprises afterwards, but can not manage and predict beforehand. In order to meet the needs of economic development, we must keep pace with the times and establish a brand-new financial management system according to the new economic and market operation mechanism. To achieve the three key objectives of enterprise financial management, give full play to its regulatory role in enterprise production and realize the change of management role. It is necessary to readjust the relationship between planning and finance, hand over all related functions of the plan to the financial management department and personnel of the enterprise, set up the financial budget structure of the department, be responsible for organizing the preparation of annual and monthly capital budget plans, and make overall arrangements for capital expenditures in accordance with the principle of living within our means. At the same time, according to the overall goal of realizing profits determined by the enterprise, the sub-goals of annual sales expenses, management expenses and financial expenses are formulated, and the expenditures of various expenses are strictly controlled through target decomposition. When special circumstances require expenditure, it shall be approved by the general manager or chief financial officer, and the overspent unit shall bear certain economic responsibilities. According to the principle of unified leadership and hierarchical management, financial control should be implemented at some levels within the enterprise to ensure that financial control activities have clear control objectives, clear and reasonable control scope and good control effect. The concretization of financial control is responsibility control. By establishing key control points in each link and determining risk early warning points, we can improve the risk prevention awareness and risk identification ability and level of financial personnel, resolve risks in time and improve the safety of financial operation.