Financial management is the management of asset purchase (investment), financing (financing), operating cash flow (working capital) and profit distribution under a certain overall goal. The following are the papers I collected for you about the problems existing in enterprise financial management and the improvement strategies for your reference!

Enterprise financial management refers to the activities of organizing and managing various economic activities of enterprises in accordance with relevant financial management principles in the process of production and operation. This paper mainly expounds the problems existing in enterprise financial management under the current social environment, and puts forward reasonable solutions.

Paper Keywords: financial management, financial control, accounting information distortion

First, the necessity of enterprise financial management

Enterprise financial management refers to the activities of organizing and managing various economic activities of enterprises in accordance with the relevant financial management principles and adopting correct management methods during the production and operation of enterprises. Because the financial management of an enterprise is related to all the production and business activities of the enterprise, the financial management of the enterprise has comprehensive characteristics. Strengthening enterprise financial management is an inevitable choice for enterprise development, mainly because: first, strengthening enterprise financial management is the need to build a modern enterprise management system. In the current social environment, enterprises are facing more and more competitive pressure, and various risks in the process of operation are gradually increasing. If enterprises want to gain further development space, they need to improve their management level and establish a modern enterprise management system within enterprises. Financial management is an important aspect of enterprise management. Strengthening financial management can strictly manage the funds of enterprises, ensure the normal capital turnover of enterprises and reduce the probability of financial crisis in enterprise operation. Second, strengthening enterprise financial management is the need of market competition. With the development of economic globalization, more and more foreign capital has entered the China market. In the process of development, China enterprises not only have to face the competitive pressure of domestic counterparts, but also compete with multinational companies. Strengthening enterprise financial management can manage enterprise assets, improve the efficiency of capital use, and enable enterprises to obtain the maximum economic benefits, thus enhancing their strength and occupying a favorable position in the market. Third, strengthening enterprise financial management is the need to ensure the further development of enterprises. In business operation, the financial information of an enterprise is a true reflection of its economic activities. Enterprise leaders can find out the problems existing in enterprise management through the analysis of financial data, so as to make correct development decisions. If the financial management level of enterprises is low, it will affect the scientific decision-making of enterprises, bring various crises to enterprises and affect their further development.

Second, the problems in enterprise financial management

1, enterprise information distortion

Enterprise accounting information is a true reflection of enterprise economic activities, and often enterprise leaders will take enterprise accounting information as the basis in the process of making enterprise development decisions. However, at present, the accounting information of many enterprises is distorted, which makes it impossible for financial management to understand the total assets of enterprises, and therefore it is impossible to allocate funds reasonably. There are many reasons for the distortion of accounting information. Internally, the main reasons are the mistakes of accountants and the inadequate internal audit work.

2. There is no sound enterprise financial management system.

Under the current social situation, it is very necessary to strengthen enterprise financial management and establish a perfect financial management system. However, due to the limitation of strength and technology, many enterprises have not established a perfect financial management system. Especially for some large enterprises, it is difficult to carry out financial management for each department or subsidiary in the enterprise in the synthesis of financial statements and the analysis of financial situation. Imperfect financial management system will also lead to the failure of all relevant departments of the enterprise to know the financial information of the enterprise in time and adjust their work in time, thus failing to ensure that the enterprise can find the problems existing in its operation in time.

3. Business leaders have poor legal concepts.

The goal of enterprise financial management is to reduce the production cost and make rational use of enterprise funds, so as to obtain higher economic benefits. However, at present, the leaders of many enterprises have a weak legal consciousness. In order to improve their economic benefits in financial management, they ignore various laws and regulations and take illegal means such as concealing income, tax evasion and sequential expenditure to reduce their costs. Although they can realize their own profit growth in a short time, they have destroyed the normal economic order, which not only harms the national interests, but also adversely affects the long-term development of enterprises.

4. The financial control of enterprises is weak.

To improve the financial management level of enterprises, a set of perfect financial control system is essential, which can strictly control and manage the financial activities of enterprises. Judging from the actual operation of many enterprises, financial control is still relatively weak, mainly in two aspects, on the one hand, poor fund management of enterprises. Some enterprises think that the more cash, the more secure the development, so they put most of their funds in their hands and do not participate in any investment and turnover, resulting in idle funds and unable to give full play to their functions. However, some enterprises have not made relevant plans for the use of funds, which leads to the shortage of funds in production and operation and makes enterprises face financial crisis. On the other hand, the management of fixed assets of enterprises is not strict. Fixed production and purchase did not save the original vouchers, and depreciation could not be accrued in time during use, which led to the inflated fixed assets of enterprises and the discrepancy between accounts and facts.

Third, effective measures to solve the financial management problems of enterprises

1, improve the authenticity of enterprise accounting information

Because the financial work of an enterprise is to rationally allocate various resources of the enterprise on the basis of the authenticity of various information, to strengthen the financial management of the enterprise, we must first ensure the authenticity of the accounting information of the enterprise. First of all, enterprises should establish a strict accounting system, effectively standardize the accounting work of enterprises, and ensure that they can carry out their work in accordance with relevant work norms, and there is no fraud. Secondly, it is necessary to strengthen the supervision of accounting work, establish internal audit institutions within enterprises, and strictly audit accounting information. Finally, to improve the quality of accountants, we should not only have professional accounting knowledge, but also have good professional ethics.

2. Establish and improve the financial management system.

In an enterprise, the work of all departments is related to the funds of the enterprise, and all the funds in the enterprise are related to the financial management of the enterprise. Therefore, the financial management of an enterprise must be related to other departments, and all departments need to use funds in their work under the guidance of the financial department. Therefore, it is necessary to strengthen the construction of enterprise financial management system, with the financial management department as the center and other departments of the enterprise as the basis. The financial department gives overall guidance to the economic activities of the whole enterprise, and all departments should use funds reasonably in their work to reduce production costs as much as possible, so as to ensure the improvement of economic benefits of the enterprise.

3, update the concept of enterprise financial management

Due to the changes in the internal and external environment of enterprises, the original financial management concept is no longer applicable to the current development of enterprises. Therefore, it is necessary to change the concept of financial management, establish the concept of financial management centered on economic benefits, publicize it in enterprises, improve the understanding of the importance of financial management of all employees in enterprises, and actively participate in financial management of enterprises. Enterprise leaders should establish a correct concept of financial management, abide by the law in the economic activities of enterprises, and do not interfere with the accounting work of enterprises at will.

4. Continuously strengthen the financial control of enterprises.

Strengthening enterprise financial control should be carried out from two aspects. On the one hand, we should strengthen the management and use of enterprise funds. In enterprise management, it is necessary to plan the use of funds reasonably. On the basis of ensuring the maximum utilization of enterprise funds, enterprises should have a certain amount of cash holdings, which not only improves the income of enterprises, but also ensures the normal turnover of enterprises. On the other hand, it is necessary to strengthen the management of fixed assets of enterprises. In the process of purchasing, using and keeping fixed assets of enterprises, strict rules should be formulated, depreciation should be accrued in time during the use, and scrapped fixed assets should be reflected in the financial accounts of enterprises in time to ensure the accuracy of fixed assets of enterprises.

5, improve the quality of enterprise financial management personnel.

The quality of enterprise financial management personnel plays a vital role in improving the level of enterprise financial management, so we should constantly improve their quality. First of all, when recruiting financial managers, enterprises should strictly assess their financial knowledge, select talents with higher professional quality, and control the quality of financial managers from the source. Secondly, we should strengthen their follow-up training, aiming at the various knowledge that the financial manager lacks in his work, so that he can master some computer knowledge and foreign language knowledge besides financial management knowledge. Finally, in view of the constant updating of various financial knowledge at work, financial managers should learn and update their knowledge in time. Enterprises should also take measures to encourage financial managers to take the title examination and obtain relevant work certificates. Only by establishing a high-quality financial management team in the enterprise can we find out the problems existing in the financial work of the enterprise in time and promote the further development of the enterprise.

Conclusion: At present, with the change of internal and external environment of enterprises, the role of enterprise financial management in enterprise management is becoming more and more prominent. Enterprises should establish a perfect financial management system, strengthen their financial control, and constantly improve the quality of their financial managers, so as to adapt their financial management to the current social environment, thus serving the rational use of their financial resources and improving their economic benefits.

References:

[1] Wu Haiyan, the problems and countermeasures of China's current financial management. Modern commercial trade industry. 2009 (1 1).

[2] Wang Caiyun. Problems and countermeasures in financial management of survey and design enterprises. Contemporary economy 20 10 (24 0 (24).

[3] Chen Ningning. Analysis on the problems and solutions of financial management in modern enterprises. Commercial economy. 20 10 (23).

[4] Jing Li. Problems and countermeasures of current enterprise financial management. Modern commerce. 20 10 (27).

[5] Wang Qian. Problems and countermeasures in enterprise financial management. China collective economy .2012 (02).

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