Outstanding Problems In The Management Of Enterprise'S Financial Funds At This Stage

In recent years, with the development of the enterprise group and the establishment of the parent subsidiary company system, the problems in the management of the financial capital are becoming more and more prominent, and the financial risks are increasingly revealed. Its performance is mainly in the following three aspects:

(1) information distortion is difficult to provide scientific basis for scientific decision making.

The most fundamental thing in modern enterprise management is information management. Enterprises must grasp the real and accurate information in time to control logistics and capital flow.

However, at present, the information of quite a number of enterprises in China is seriously opaque, asymmetric and unintegrated.

Because of their own interests, the management departments of enterprises do not want to provide relevant information in time, and make artificial information islands. The top decision-makers of enterprises are difficult to obtain accurate financial information and do not know the following situation.

What is more serious is that all levels of enterprises are withholding information and even providing them.

It makes the aggregated information generally distorted, accounting errors are not allowed, statements are not true, sometimes consolidated accounting statements also cover up the actual operating conditions of subsidiaries.

At the same time, the impact of interest driven social audit has also gone through the motions, so that some enterprises "fake data really do accounts, true data make false accounts". Different accounts, different accounts and book profits appear to be many, but the number of non-performing assets is increasing.

According to the Ministry of finance's accounting information quality spot checks, it is confirmed that more than 80% of the accounting information of enterprises in the country is distorted to varying degrees.

The untruth of information not only directly affects the scientific decision of the enterprise, but also affects the effect of the government's macro management and social supervision.

(two) lack of monitoring and lack of strict supervision in advance and in matters.

At present, in the state-owned enterprises, owners are generally faced with problems such as inadequate supervision and even internal control by enterprises, parent companies, subsidiaries, and company management, and embezzlement of funds or even embezzlement of state assets.

Although a number of supervisory functions have been set up, various supervisory systems have been developed. However, because supervisors do not have the necessary information and means to grasp the overall financial situation of enterprises, they are unable to play their roles in time and effectively.

Quite a number of enterprises have not yet formed effective decision-making and restraint mechanisms on major investment issues.

Many parent companies are unable to manage their subsidiaries in time.

Changes in the situation, enterprise funds can not make ends meet, rely on new and old to maintain production and operation, financial risk is huge.

Since supervision is not instantaneous, it is lagging behind.

A lot of business leaders are not clear about the financial situation of their own assets, while financial personnel are not very familiar with the business situation and are subordinate to each other. They often deal with accounts only according to the leadership's intention, resulting in "financial management follows accounting, accounting follows the leadership's will", making financial supervision a mere formality.

(three)

Scattered and inefficient.

At present, the contradiction between the centralized management of enterprise groups and the contradiction between the decentralization and occupation of multi-stage corporate funds has become the most prominent problem in the management of enterprise's financial capital at this stage.

First, the phenomenon of multi account opening of subsidiaries is quite common. Some subsidiary companies have set up hundreds of accounts and more than 1000 accounts, and funds management has been seriously out of control.

The two is that the investment decision is random, some enterprises ignore their own ability and development goals, invest blindly, are keen to make new stalls, make more mistakes and lose serious losses, and make the original tense capital situation worse.

The three is that the funds are precipitated seriously, and the expenses are not reasonable. The loans are in arrears. The funds for the finished products are increasing, the turnover is slow, and the credit and profitability of the enterprises are decreasing.