Talk about your views on accounting transformation?

I will talk about my own views and suggestions for reference only.

In order to realize the transformation of financial management with the goal of value creation, financial management activities need to extend in two directions: business cooperation and business management. To do this, it is particularly important to improve the ability of financial managers in related fields.

How to improve these abilities can be started from the following aspects:

First, through the transformation of functions, improve the decision-making support ability and value creation ability of financial managers.

The second is to strengthen the awareness of risk management, establish and improve the early warning system of financial crisis, and improve the risk management and control ability of financial personnel.

The third is to optimize the staffing of financial institutions, constantly improve the knowledge structure of financial personnel, improve the working methods of financial personnel, and enhance the ability to coordinate services.

I feel that to realize the transformation of financial management, it is not only the business of financial departments and financial personnel, but also the participation of all employees in the enterprise, popularizing the management concepts and methods of financial management into every specific work and realizing the full-time financial management.

Should do:

1. Strengthen the popularization and training of employees' financial accounting knowledge in the whole process of production and operation, and improve their awareness and level of financial management. According to the different nature of production and operation business, the post personnel are trained in financial accounting knowledge and internal control system.

2. Construction and perfection of enterprise information system. With the continuous improvement of enterprise informatization level, it gradually begins to transition from a single business system to the integration of various systems with finance as the core, the most typical of which is ERP system.

System. With the application of ERP system, the collection and arrangement of accounting information has realized the automatic generation of accounting vouchers from the business side after the accounting personnel have verified them, and got rid of the state that accounting vouchers were directly made by accounting personnel in the past.

In a word, in order to realize financial transformation, enterprises should change financial management from traditional income accounting, data management, result analysis and focusing on controllable costs to income management, value management, process guidance and focusing on the whole.

Cost-oriented financial management reform is a prerequisite for enterprises to continuously improve their comprehensive competitiveness and remain invincible in the fierce market struggle, otherwise enterprises will lose their vitality.

Wagner has worked in General Motors for 26 years, from financial officer to chairman and CEO. Its successful experience shows that the transformation and upgrading of the role of financial personnel not only needs time to hone, but also needs to improve their own quality to meet the needs of enterprise management and profit development.

In my opinion, there are four basic conditions:

1, with communication and coordination skills.

2. Have the ability of strategic planning.

3. Have the ability of risk management and control.

4. Have a sound knowledge structure.

In the past five years, great changes have taken place in the field of business management. Macroscopically, we can see that new markets appear, competition in old markets intensifies, and technological innovation continues; In the field of financial accounting, corporate scandals such as Enron incident and WorldCom incident, as well as people's concerns about the company's sustainable development and corporate governance, have made the accounting industry the focus of attention. Regulators and capital investors demand greater transparency and accountability, while shareholders and company managers hope that the financial department can support the company's value creation.

Therefore, the dual requirements of stricter compliance with relevant laws and regulations and further improvement of performance pose new challenges to the financial department, requiring it to change from the traditional bookkeeping and control functions to a management cooperation department that pays more attention to the company's value creation. Financial personnel also need to work closely with the management of the company, and they are committed to the value creation process of the company.