1, financial management is a comprehensive management work

In the process of division of labor and decentralization, enterprise management has formed a series of specialized management, some focusing on the management of use value, some focusing on the management of value, some focusing on the management of labor factors, and some focusing on the management of information. With the development of social economy, financial management is required to mainly use the form of value to manage business activities. Through the form of value, all the material conditions, operating process and operating results of the enterprise are reasonably planned and controlled, so as to achieve the purpose of continuously improving efficiency and increasing enterprise wealth. Therefore, financial management is both an independent aspect of enterprise management and a comprehensive management work.

2. Financial management is closely related to all aspects of the enterprise.

In an enterprise, all revenue and expenditure activities involving funds are related to financial management. In fact, it is rare that all departments within an enterprise are not exposed to funds. Therefore, the tentacles of financial management often extend to every corner of enterprise management. Each department will contact the financial department through the use of funds. In terms of rational use of funds and saving capital expenditure, all departments should also accept the guidance of the financial department and be bound by the financial system to ensure the improvement of the economic benefits of enterprises.

3, financial management can quickly reflect the production and operation of enterprises.

In enterprise management, whether the decision is proper, whether the operation is reasonable, whether the technology is advanced and whether the production and sales are smooth can be quickly reflected in the financial indicators of the enterprise. For example, if the products produced by enterprises are marketable and reliable in quality, they can promote the development of production, realize the prosperity of production and marketing, accelerate the capital turnover and enhance profitability, which can be quickly reflected through various financial indicators. This also shows that financial management is independent and restricted by the management of the whole enterprise. The financial department should, through its own work, inform the business leaders of the changes in financial indicators in a timely manner, so that the work of various departments can be brought into the track of improving economic efficiency and strive to achieve the goal of financial management.

Tips: The above explanations are for reference only.

Response time: 2021-01-14. Please refer to the latest business changes announced by Ping An Bank in official website.

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