Affected by the overall economic form, China's construction enterprises in the industry? Low tide? . Industry? Low tide? Enterprises are required to improve the level of internal control and standardize internal management. The following is a model essay on the problems and countermeasures in financial management of construction enterprises that I J.L. shared with you.

Abstract: The standardization of financial management is of great significance to construction enterprises. There are some problems in the financial management of construction enterprises in China, such as imperfect financial management system, weak accounting foundation and irregular fund management. In this regard, we can further establish and improve the financial management system of construction enterprises, strengthen the financial foundation of construction enterprises, rationally allocate financial management personnel, rationally standardize the financial management system of enterprises, and further improve the financial management system of construction enterprises, thus helping construction enterprises to obtain good market competitiveness.

Keywords: financial management system of construction enterprises, accounting basis, financial management personnel

Since 20 1 1, China's construction enterprises have also entered the low tide of industry development. In the low tide of the industry, enterprises should pay attention to strengthening their own standardized governance and enhance their own strength in order to maintain good market competitiveness in the context of the industry downturn. Financial control norms are an important part of standardized governance of construction enterprises. Good financial management can help enterprises reduce costs, reduce waste, improve the utilization rate of assets and funds, and then make enterprises gain good competitiveness. The standardization of financial management is of great significance to construction enterprises.

First, the importance of financial management of construction enterprises

Good financial management of construction enterprises can help enterprises effectively reduce operating costs, expand financing channels, improve the utilization rate of funds, and promote the timely recovery of accounts receivable, thus ensuring the effective operation of enterprises, protecting the integrity and safety of assets, ensuring the truthfulness, legality and integrity of financial information, improving operating efficiency and promoting the realization of business objectives.

Second, the problems in the financial management of construction enterprises

From the perspective of financial management, there are some problems in the financial management of construction enterprises in China, such as imperfect financial management system, weak accounting foundation and irregular fund management, which restrict the standardized development of financial management of construction enterprises in China.

(A) the financial management system is not perfect

The perfection of financial management system is the basis of financial management norms. Although Chinese construction enterprises have generally established their own financial management system. However, the content of the system is often relatively simple, focusing on the examination and approval management of basic costs. Comprehensive financial management should cover two parts: project cost control of construction enterprises and true reflection of enterprise financial information. Weak financial management system can't help enterprises effectively control project costs. At the same time, it is also easy to cause the financial information of enterprises to be untrue. Unreal financial information can not provide effective reference for enterprise management to make enterprise production and operation decisions. When investors make investment decisions on construction enterprises, they cannot make reasonable investment judgments due to the lack of true and accurate financial information, which will further affect the construction of borrowing capacity.

(B) weak accounting foundation

Construction enterprises are characterized by many fields, long production cycle and large liquidity, which leads to the problems of long investment cycle, large liquidity and long recovery cycle in enterprise fund management. Enterprise's accounting foundation is weak, and financial managers lack effective management means for enterprise's capital investment and recovery. Good capital investment and recovery management means, on the one hand, require construction enterprises to have enough capital to invest in the project; On the other hand, in the process of project operation, funds can be withdrawn in time through various channels or integrated through other channels, thus ensuring that construction enterprises can get sufficient financial support when carrying out other projects. Poor management of enterprise's capital investment and recovery will affect the utilization rate of enterprise's capital, cause the shortage of enterprise's capital chain and bring serious adverse effects to enterprise's market competition. Regarding the recovery of accounts receivable, there have been cases in which the financial personnel of construction enterprises were lazy in performing their duties of cash collection, which led to the inability of enterprises to recover accounts. Therefore, enterprise accounting foundation is of great significance to enterprise management and development.

(C) irregular fund management

Capital is the lifeblood of an enterprise, which is of great significance to its survival and development. With the gradual intensification of market competition in the construction industry, construction enterprises will inevitably have some problems of advance payment and arrears of project funds. Engineering advance payment will make enterprises lose other benefits that may be brought by this part of funds. If the project payment is in arrears, it will directly affect the income and cash flow of the enterprise. In practice, it is often seen that there are a large number of other receivables and long-term receivables in construction enterprises, which seriously affects the financial quality of enterprises.

Three, the construction enterprise financial management problems solving measures

(A) establish and improve the financial management system of construction enterprises

Standardization is one of the main trends in the development of construction enterprises in China. The establishment of management system is the basis of enterprise standardization, and financial management system is an important part of enterprise management system construction. A perfect financial management system of construction enterprises should at least include the management of responsibilities and authority of financial departments and financial personnel, daily financial revenue and expenditure management, project fund management, project revenue and expenditure and settlement management, tax and accounting management and other related management systems.

In the process of establishing and perfecting the financial management system of construction enterprises, it is necessary to establish a reasonable financial management system that can reflect the income loss of enterprises, such as asset depreciation and bad debt provision, to help financial personnel make reasonable financial statements that can better reflect the real situation of enterprises, and to provide effective basis for business managers' business decisions and investors' investment decisions.

(2) Strengthen the financial foundation of construction enterprises and rationally allocate financial management personnel of enterprises.

The strengthening of financial foundation requires construction enterprises to have professional financial managers and departments that can effectively carry out enterprise financial management. For construction enterprises that have set up full-time financial management departments, they should:

The financial management department of an enterprise should have a clear authorization, so that it can fully perform its financial management responsibilities, enhance the project cost control ability of construction enterprises, and suggest an effective internal financial supervision mechanism; Financial management personnel with professionalism and sense of responsibility should be equipped; We should establish and improve the performance appraisal mechanism of financial personnel in order to promote the financial personnel of enterprises to perform their duties better.

(3) Rationally standardize the enterprise fund management system.

In order to establish a reasonable and standardized fund management system, construction enterprises must standardize the cash inflow of enterprises. The management of cash inflow should pay attention to the management of enterprise accounts receivable. The standardized management of accounts receivable of construction enterprises is the main measure to solve the problem of advance payment and arrears of project funds in enterprises, which can be standardized from the following aspects:

Establish enterprise income risk responsibility system. In view of the financial risks that may be caused by engineering projects, enterprise leaders, financial personnel and the person in charge of specific project construction should have a clear understanding and prudent judgment. Through the implementation of the relevant responsibility system, the relevant responsibility indicators will be included in the index assessment system of enterprise leaders, financial personnel and project construction leaders, so as to improve the sense of responsibility and risk prevention and control ability of relevant personnel.

Establish and improve the internal financial supervision mechanism of enterprises. Strengthen the role of internal audit institutions in construction enterprises. Through internal audit, supervise the whole process of specific construction projects of enterprises to further prevent possible financial risks.

Four. Concluding remarks

Affected by the overall economic form, China's construction enterprises in the industry? Low tide? . Industry? Low tide? Enterprises are required to improve the level of internal control and standardize internal management. By standardizing financial management problems such as imperfect financial management system, weak accounting foundation and irregular fund management, we can help construction enterprises improve their own financial management level, thus improving the overall internal control management level of enterprises and promoting the standardized operation and further development of construction enterprises.

References:

Sui Xin. Problems and Countermeasures in Financial Management of Construction Enterprises [J]. Research on Finance and Accounting, 20 13

[2] Zhao Haiyan, Bird. Management Status and Development Countermeasures of Construction Enterprises in China [J]. Technology and Application of Building Materials, 2007

[3] Li Guohong. Standardization and innovation of enterprise financial management system [J]. Friends of Accounting, 2006.

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