Prevention and control of risks in modern enterprises With the increasingly fierce market competition, risks have an increasing impact on the survival and development of enterprises. Modern enterprises must fully understand the causes of financial risks, establish and improve the risk control mechanism, prevent and resolve various financial risks in the development of enterprises, and ensure that enterprises develop in a reasonable, scientific and healthy direction. Risk prevention means that an enterprise may fail to realize the expected financial benefits due to various factors, thus causing losses. Financial risk is the inevitable product of modern enterprises facing market competition, and its existence will have a great impact on the production and operation of enterprises. Therefore, how to objectively analyze and understand financial risks and take various measures to control and avoid financial risks is of great significance to the survival and development of modern enterprises. Second, the prevention and control of financial risks of modern enterprises 1. Improve the financial management system to adapt to the ever-changing financial management environment. Although the macro-environment of financial management objectively exists outside the enterprise, the enterprise cannot exert influence or control on it, but it does not mean that the enterprise is powerless in the face of environmental changes. First of all, enterprises should carefully analyze the ever-changing macro-environment of financial management, grasp its changing trends and laws, formulate various emergency measures, adjust financial management policies in time, change financial management methods, and improve their adaptability and adaptability to changes in financial management environment, so as to reduce and avoid financial risks brought to enterprises by environmental changes. Secondly, in the face of the ever-changing financial management environment, the financial management system should keep pace with the times, constantly update and improve. Enterprises should set up reasonable and efficient financial management institutions, equip high-quality financial management personnel, improve financial management rules and regulations, strengthen the basic work of financial management, make the enterprise financial management system run efficiently, and prevent financial risks caused by the financial management system not adapting to environmental changes. 2. Strengthen the awareness of financial risk prevention and establish a correct view of financial risk. In the fierce market economy competition, it is the key to the success of modern enterprises to establish risk awareness, be brave in taking risks and be good at dispersing risks. Therefore, modern enterprises must establish a correct view of financial risks, abide by the principle of risk-return balance, and can't just focus on gains without considering the possibility of losses. All departments and personnel of the enterprise, especially the decision-making management department and financial management personnel of the enterprise, must enhance their awareness of risk prevention and penetrate into all aspects of financial management. Financial managers should have a solid knowledge of accounting and the ability to collect, sort out and analyze financial information; It is necessary to have sensitive and accurate professional judgment ability on financial risks, timely and accurately estimate and discover potential financial risks, and be able to judge risks and propose solutions under specific circumstances. 3. Improve the scientific level of financial decision-making. The correctness of financial decision-making is directly related to the success or failure of financial management. In the process of decision-making, we should fully consider various factors that affect decision-making, adopt quantitative calculation and analysis methods, and use scientific decision-making models to make decisions. For example, in financing decision-making, enterprises should reasonably predict the capital demand according to the production and operation conditions, and then choose the correct financing mode through the calculation and analysis of the capital cost and the risk analysis of various financing modes, determine the reasonable capital structure, and make the correct financing decision on this basis, thus reducing the financing cost and financial risk. In investment decision-making, enterprises should adhere to the principle of efficiency-centered investment, use funds uniformly, and make the allocation of funds more reasonable, so as to avoid excessive dispersion and concentration. At the same time, the investment projects are comprehensively analyzed and evaluated through the payback period, investment return rate, net present value and internal rate of return, so as to avoid financial risks caused by financial decision mistakes. 4. Strengthen enterprise internal management, straighten out enterprise internal financial relations, strengthen enterprise internal management, adjust capital and asset structure, reduce and reduce unreasonable capital occupation, and improve capital use efficiency and turnover rate. It is necessary to reasonably determine the proportional relationship between debt funds and self-owned funds, short-term funds and long-term funds, and change with the change of enterprise production, and always be in a dynamic management process. It is necessary to strengthen the risk prevention and control of accounts receivable, establish a scientific and systematic accounts receivable system, pay attention to evaluating customers' financial status and credit standing, sign contracts carefully, analyze the aging of accounts receivable regularly, closely track the repayment of accounts receivable, formulate reasonable collection policies, control risks and reduce bad debt losses. For inventory, while ensuring the smooth progress of production and sales, the total inventory cost should be kept at the lowest level. In practical work, we can investigate and summarize the existing experience, and use the best order quantity model in inventory management to ...
How do enterprises avoid business risks?
Improve the financial management system to adapt to the ever-changing financial management environment. Although the macro-environment of financial management objectively exists outside the enterprise, the enterprise cannot exert influence or control on it, but it does not mean that the enterprise is powerless in the face of environmental changes.
Strengthening the awareness of financial risk prevention and establishing a correct view of financial risk are the keys for modern enterprises to win in the fierce market economy competition.
Improving the scientific level of financial decision-making is directly related to the success or failure of financial management. In the process of decision-making, we should fully consider various factors that affect decision-making, adopt quantitative calculation and analysis methods, and use scientific decision-making models to make decisions.
Strengthen the internal management of enterprises, straighten out the internal financial relations of enterprises, adjust the structure of funds and assets, reduce and reduce unreasonable capital occupation, and improve the efficiency and turnover rate of capital use.
Rational use of technical methods to prevent risks Modern enterprises can use a variety of methods to prevent and avoid financial risks.
To establish an effective financial risk prevention mechanism, enterprises should establish an effective market-based risk prevention and avoidance mechanism.
How to reduce the business risk of enterprises
First, what is business risk?
Business risk refers to the risks that may occur in the process of business management. Business risks usually include the following five types:
1, policy risk: refers to the impact of national policy changes on industries and products (macro-control and industrial policy orientation).
2. Market risk: refers to whether the products of the enterprise are marketable and competitive in the market (technology, quality, service, sales channels and methods, etc.).
3. Financial risk: refers to the difficulty of capital turnover or even bankruptcy (capital structure, asset-liability ratio, accounts receivable and cash flow problems, etc.) due to poor management. ).
4. Legal risk: it is due to carelessness when signing a contract and falling into the contract trap, which leads to serious economic losses of the enterprise (breach of contract, fraud and infringement of intellectual property rights).
5. Team risk: refers to core team problems, employee conflicts, knowledge loss and ignorance.
Suggestion: In the process of enterprise management, we should firmly establish risk awareness and take practical preventive measures to prevent business risks to the maximum extent.
Second, how to control business risks.
1, establish and improve various rules and regulations of the enterprise, especially the contract management system, financial management system and intellectual property protection system.
2. Strengthen customer credit management. Mainly to establish customer files to understand the credit situation of customers.
3. Seriously sign and review all kinds of contracts signed by enterprises, and strengthen control and supervision in the process of contract performance. Third, the basic methods to avoid business risks
Enterprise management has risks, but risks and opportunities coexist. The greater the risk, the more opportunities there may be. Because of this, many leaders know that there are tigers in the mountains and prefer to travel in the mountains.
A good rational leader should not avoid risks, but should reduce risks as much as possible and actively guard against risks in business activities.
1, learn to analyze risks.
In a market economy, it can be said that there are risks everywhere in business activities such as investment, financing and management. As a business operator, we should learn to analyze the risks of each business link and leave room for everything. Have a clear understanding of possible risks and a plan to overcome all possible risks.
2. Be good at assessing risks.
It is necessary to predict the possible negative impact of risks through analysis.
For example, once the investment is wrong, how much loss may it cause? If the fund-raising cannot be recovered at maturity, how much economic loss may it cause? Once the payment can't be recovered, how much impact will it have on the working capital turnover? The bad circulation of capital turnover (cash flow) may cause harm and expected consequences to normal business activities.
3. Actively guard against risks
In order to guard against risks, we should take active countermeasures, such as objectively evaluating the investment plan, conducting in-depth and meticulous investigation on the market, formulating a reasonable management system, ensuring a virtuous circle of circulating funds, and mastering scientific decision-making procedures and methods.
Once there is a problem in one link, we should focus on the whole system. Take remedial measures to limit the spread of negative effects.
4. Avoid and transfer risks.
Risks are inevitable and can be passed on.
For example, property insurance is to pass on the risk of investment accidents; Buying goods on credit is the transfer of financing risk, and leasing instead of buying equipment is the transfer of investment risk.
As long as it is used properly, it can really minimize the risk of the company.
How do construction enterprises avoid business risks?
With the deepening of the marketization process of China's construction industry and the continuous development of the industry, some enterprises have shown incompatibility with marketization, and some have been unable to carry out normal business activities and lost their market competitiveness. This is the result of risk factors in the process of enterprise management. At present, the construction market is not very standardized, and the mechanism needs to be improved. It is particularly important for construction enterprises to improve their ability to resist and resist construction risks in the market. Therefore, it is urgent for us to objectively analyze the market, establish a scientific market analysis and early warning mechanism, rationally resolve risks in a targeted manner, and constantly explore effective ways and measures to prevent, control and transfer business risks. Establish and improve the risk management mechanism of construction projects. Construction risks include construction delay, cost overrun, construction quality not up to the original standard, and abortion in the middle of the project. The core of risk management is to use economic and legal means to allocate risks reasonably and control risks effectively. Therefore, enterprises should follow the laws of market economy, adopt legal and economic means, guide and standardize project risk management, and try to avoid administrative intervention. At the same time, it should be noted that project risk management is a new thing in China, and the risk management system of construction projects has not yet been established. We should improve the legal system of construction safety management as soon as possible, carry out accidental injury insurance according to law, actively cultivate the risk management system of construction projects, and build a risk management model of construction projects that is suitable for China's national conditions and in line with international practices. Establish a credit mechanism, improve supervision and management, respect contracts, keep promises, benefit from keeping promises, be punished for breaking promises, and promote equal dialogue between owners and contractors. At the same time, while improving the owner's inspection of the contractor, we should establish and improve the contractor's inspection system for the owner, establish an internal dynamic mechanism of keeping promises, stressing credit and emphasizing honesty through means of credit guarantee and interest restriction, enhance the self-discipline and self-monitoring ability of the main body of the construction market, establish a market mechanism of survival of the fittest, standardize the behavior of all parties in engineering construction by means of market economy, and form an effective supervision mechanism and guarantee system. By means of credit guarantee, we can realize the connection between the construction subjects, form a joint and several liability chain, protect the legitimate rights and interests of all parties in the construction, improve the open competition construction market, and promote the healthy and orderly operation of the bidding system and quality assurance system. Standardize the operation of funds and ensure the safe operation of assets. With the development of market economy, the buyer, that is, the construction unit, is more and more dominant in the market, and the problem of advance payment of construction enterprises has not been well solved. Constantly expanding financing channels and establishing a strong financial support system have become the knowledge of the whole industry and the key to the survival of enterprises. One of the important links is how to realize good capital operation behavior and ensure the successful operation of the project. The benefits of construction enterprises come from the project department. If the project does not make money, the enterprise will have no benefit, which requires the company and the project department to keep the "cash flow" uninterrupted. Once the source of "cash flow" becomes a desert, it won't be long before the "capital chain" of enterprises will be interrupted. Close contact with the market and speeding up the process of informatization are inseparable from market information. To develop and expand the construction industry, we must take a characteristic development road with professional teams as the mainstay, information operation, large-scale group promotion and concrete implementation. Only by forming the scale effect of information, assets, manpower and material resources can development achieve a qualitative leap. For construction enterprises, it is particularly important to fully grasp and make use of market information. Enterprises should keep abreast of external information and selectively carry out multi-channel and all-round business activities according to changes in market supply and demand, which can not only vigorously carry out cooperative operation, subcontracting construction and cooperative construction, but also effectively ensure scale effect and good returns. At the same time, grasping the country's new policies and trends in time and connecting with technological progress, improving the level of specialization and strengthening the optimal allocation of resources are also effective ways to maximize the benefits of economies of scale and realize risk transfer and control. Optimizing resource allocation, rationally distributing and transferring risks, deepening reform, adjusting scale, optimizing structure and improving the development quality of the whole industry are urgent tasks for the development of the current construction industry. Enterprises can explore and develop economies of scale. By doing our own main business well, we can continuously accelerate the marketization process of the professional market, substantially implement the construction industry, actively extend and penetrate into other fields, develop economies of scale, and gradually develop the construction industry into a comprehensive large-scale industry with capital, technology and talents. In addition, the construction industry in China has obvious comparative advantages in labor cost. & gt
How to avoid enterprise risks
Successful enterprises have their own unique reasons, but the failure of enterprises is usually because they have not avoided risks. From this point of view, it is very necessary to establish a set of enterprise-specific risk prevention system and do a good job in risk prevention. As we all know, enterprises will face all kinds of risks in the course of operation, but today, as legal workers, I will only give you a brief introduction to the legal risks faced by enterprises. In the following introduction, we try our best to collect all the legal risks that enterprises may face, hoping to inspire your enterprise and let your enterprise establish its own legal risk prevention system according to its own actual situation!
Everyone may know the "barrel theory". What I want to say here is that the "barrel theory" has made new development. The new "barrel theory" tells us that the water storage capacity of a barrel does not depend on the longest board, but on the gap between boards. That is to say, no matter how big the barrel is, no matter how much water it can hold, if the gap between the plates is large, it can't hold much water, because there are too many leaks. Legal disputes are like cracks between barrels. The more disputes, the more water leaks. Although the enterprise seems to be profitable, several legal disputes may lead to bankruptcy. As for the cost of legal disputes, we have introduced it before, which can be basically divided into: economic cost, time cost, risk cost and reputation cost. In other words, when a dispute occurs, it often takes more time and energy to solve it, but the result will not be ideal. Because, the best processing opportunity has been missed. Therefore, we often say: legal risks must be based on prevention, and disputes are often too late to remedy.
(A) the risk of enterprise property rights
A clear analysis of property rights is the basis for the survival and development of enterprises. However, in China, there are too many enterprises entangled in property rights issues, and there are not a few entrepreneurs who suffer in this aspect in judicial practice. This is mainly because China's public ownership policy in the last century led to the absence or invisible absence of other ownership capital. Although the non-public economy was introduced later, investors were worried and distrusted about the policy because of long-term uncertainty. In this state, some "red hat" enterprises have emerged. This was the most rational choice at that time, but it laid a hidden danger for later property disputes. Even the enterprises that really appeared as private enterprises later, due to the cooperation with friends, relatives and even family members, due to the consideration of family friendship, have relatively weak legal awareness and unclear property rights agreements of enterprises, which often lead to disputes in the future. In a word, there are many kinds of property rights disputes, and different disputes have their own characteristics, but no matter what kind of property rights disputes have a huge or even devastating impact on enterprises, this problem is the first problem that enterprises should consider and solve.
(2) the legal risks of the contract
With the wide application of contracts, there are a lot of contract disputes, and contract disputes are high in judicial practice. It should be said that the contract is an indispensable part of the business process, from the purchase of office supplies to the merger, division and acquisition of enterprises, the leaders of enterprises should consider how to sign a strict contract! However, studying contracts has never been the task of entrepreneurs. Our lawyers have summed up a relatively complete contract risk prevention system based on their professional experience and previous failure cases in contracts. I believe it will help you standardize the contract affairs of your enterprise. Of course, we suggest that the contract should be checked by professionals, such as lawyers.
(3) Enterprise labor relations
Enterprises in China seem to be lucky, because they don't have to face the threat of labor negotiations or * * * like foreign companies, but enterprises in China have to face many problems, such as inefficiency and passive slack, collective job-hopping, revealing trade secrets and so on. Therefore, how to better avoid labor disputes has always been a very difficult problem that China enterprises must face. From the legal point of view, it is very necessary for enterprises to sign perfect labor contracts, and of course, enterprises also need to bear corresponding obligations. Economists tell us that the shareholders of an enterprise can't do everything by themselves, and should entrust most of the affairs to others. Economists also tell us that there is agency cost in managing enterprises by agents ... >>
How to reduce the business risk of enterprises
Business risk refers to the risks that may occur in the process of business management. Business risks of enterprises usually include the following five types: 1, policy risk: refers to the influence of national policy changes on industries and products (macro-control and industrial policy guidance); 2. Market risk: refers to whether an enterprise's products are marketable and competitive in the market (technology, quality, service, sales channels and methods, etc.). ); 3. Financial risk: refers to poor management of enterprises. Cause capital turnover difficulties, even bankruptcy (capital structure, asset-liability ratio, accounts receivable and payable, cash flow problems, etc. 4. Legal risk: it is due to carelessness when signing a contract and falling into the contract trap, resulting in serious economic losses (breach of contract, fraud, infringement of intellectual property rights) 5. Team risk: refers to core team problems, employee conflicts, loss and knowledge management. Suggestion: In the process of enterprise management, we should firmly establish risk awareness and take practical preventive measures to prevent business risks to the maximum extent. 1, establish and improve various rules and regulations of the enterprise, especially the contract management system, financial management system and intellectual property protection system 2, strengthen customer credit management. Mainly to establish customer files to understand the credit situation of customers. 3. Seriously sign and review all kinds of contracts signed by enterprises, and strengthen control and supervision in the process of contract performance. Third, the basic methods to avoid business risks. Enterprise management has risks, but risks and opportunities coexist. The greater the risk, the more opportunities there may be. Because of this, many leaders know that there are tigers in the mountains and prefer to travel in the mountains. A good rational leader should not avoid risks, but should reduce risks as much as possible and actively guard against risks in business activities. 1, learn to analyze risks. 2. Be good at evaluating risks and predict the possible negative impact of risks through analysis. For example, once the investment is wrong, how much loss may it cause? If the fund-raising cannot be recovered at maturity, how much economic loss may it cause? Once the payment can't be recovered, how much impact will it have on the working capital turnover? The bad circulation of capital turnover (cash flow) may cause harm and expected consequences to normal business activities. 3. To actively guard against risks, we should take active countermeasures, such as objectively evaluating investment plans, conducting in-depth and meticulous investigations on the market, formulating a reasonable management system, ensuring a virtuous circle of liquidity, and mastering scientific decision-making procedures and methods. Once there is a problem in one link, we should focus on the whole system. Take remedial measures to limit the spread of negative effects. 4. Avoiding and transferring risks is inevitable, and risks can also be transferred. For example, property insurance is to pass on the risk of investment accidents; Buying goods on credit is the transfer of financing risk, and leasing instead of buying equipment is the transfer of investment risk. As long as it is used properly, it can really minimize the risk of the company.
How to avoid financial risks of enterprises
The existence of financial risks will undoubtedly have a great impact on the production and operation of enterprises. It is of great significance to reveal the causes of enterprise financial risks and study the measures and methods to avoid risks. First, the causes of enterprise financial risks 1, the lag of enterprise financial management system to adapt to the macro environment At present, due to unreasonable institutional setup, low quality of managers, imperfect financial management rules and regulations, imperfect basic management and other reasons, many enterprises in China lack the ability to adapt to and respond to changes in the external environment. Specifically, the adverse changes in the external environment cannot be predicted scientifically, and the response is lagging behind, and the measures are ineffective, resulting in financial risks. 2. Enterprise financial managers have insufficient understanding of the objectivity of financial risks. Financial risks exist objectively. As long as there is financial activity, there must be financial risks. In practical work, the financial managers of many enterprises in China lack risk awareness, thinking that financial risks will not occur as long as funds are well managed. Weak risk awareness is one of the important reasons for financial risks. 3. Lack of scientific financial decision-making leads to decision-making mistakes. Financial decision-making mistakes are another important reason for financial risks. The premise of avoiding financial decision mistakes is scientific financial decision. At present, the phenomenon of empirical decision-making and subjective decision-making generally exists in the financial decision-making of Chinese enterprises, which leads to frequent decision-making mistakes, thus generating financial risks. 4. The internal financial relationship of some enterprises is chaotic, which is another important reason for the financial risk of enterprises in China. There are some problems, such as unclear rights and responsibilities, chaotic management and so on, in the management and use of funds and the distribution of benefits between various departments within the enterprise and between the enterprise and the superior enterprise. , resulting in inefficient use of funds, serious capital loss, and the safety and integrity of funds cannot be guaranteed. Second, the financial risk in different stages of enterprise financial management is 1. The capital structure of enterprises is unreasonable and the proportion of debt funds is too high. In China, capital structure mainly refers to the proportional relationship between equity funds and creditor's rights funds in all sources of funds of enterprises. Due to the mistakes in financing decision-making, unreasonable capital structure generally exists in Chinese enterprises, which is manifested in the high proportion of debt funds to all funds. The asset-liability ratio of many enterprises exceeds 70%. Unreasonable capital structure leads to a heavy financial burden and a serious lack of solvency, which leads to financial risks. 2. The investment decision of fixed assets is unscientific, which leads to investment mistakes. In the process of fixed assets investment decision-making, due to the lack of serious and systematic analysis and research on the feasibility of investment projects, the economic information on which decision-making is based is incomplete and untrue, the decision-making ability of decision-makers is low, and investment decision-making mistakes often occur. Decision-making mistakes make the investment project unable to obtain the expected income, and the investment cannot be recovered on time, which brings huge financial risks to the enterprise. 3, foreign investment decision-making mistakes, resulting in a large number of investment losses, corporate foreign investment, including portfolio investment, joint venture investment, etc. The risk of securities investment includes systematic risk and non-systematic risk. Due to the lack of understanding of investment risks by investment decision makers, decision-making mistakes and blind investment lead to huge investment losses of some enterprises, resulting in financial risks. 4. Enterprises have a large proportion of credit sales and lack control over accounts receivable. As China's market has become a buyer's market, there is widespread unsalable products in enterprises. In order to increase sales and expand market share, some enterprises sell products on credit, resulting in a large increase in accounts receivable. At the same time, due to the lack of understanding of customers' credit rating and blind credit sales, accounts receivable are out of control, and a considerable proportion of accounts receivable cannot be recovered for a long time until they become bad debts. Assets are occupied by debtors for a long time without compensation, which seriously affects the liquidity and security of enterprise assets and produces financial risks. 5. The enterprise inventory structure is unreasonable and the inventory turnover rate is not high. At present, the inventory of current assets of Chinese enterprises accounts for a relatively large proportion, and many of them are overstocked. Poor inventory liquidity, on the one hand, takes up a lot of funds of enterprises, on the other hand, enterprises have to pay a lot of storage costs for keeping these inventories, which leads to an increase in enterprise expenses and a decrease in profits. Long-term inventory, enterprises have to bear the losses caused by falling market prices and improper storage, which leads to financial risks.
How to reduce the business risk of enterprises and improve the efficiency of capital use
First, the main problems existing in the current enterprise financial fund management
(A) the budget system exists in name only, and the fund management is out of order. In recent years, with the deepening of enterprise reform and the further strengthening of asset reorganization among enterprises, the scale of enterprises has expanded rapidly, and a large number of group companies have emerged, but the internal financial fund management system is relatively backward, mainly in the following aspects. Financial budget management (virtual), fund settlement management (scattered), accounts receivable management (loose), supervision and assessment (weak) and backward management methods and means "inefficient". These are incompatible with the requirements of enterprise reform and development. Quite a few enterprises have not established a perfect budget management system. Although some enterprises have a budget system, the budget has not yet become the legal basis for enterprises to organize production and business activities, and there is no law to follow, and the budget can be changed at will. The lack of unified planning and control of the income and expenditure of funds is arbitrary, chaotic and unreasonable. Misappropriation of production and operation funds for long-term investment occurs from time to time, resulting in unbalanced cash flow and insufficient ability to pay. In fact, some enterprises rely on new debts to pay off old debts to maintain their operations. Some enterprises have unrealistic budgets, unscientific indicators, lack of strict measurement standards and assessment basis, weak cost constraints, distorted cost information, and arbitrarily raise or lower costs. The amortized expenses are not amortized, and the accrued expenses are not accrued. The profit and loss are not true. Some enterprises seem to have a lot of profits in the year-end accounting statements, but the accounts receivable are high and the non-performing assets are increasing, which often makes it difficult to repay the debts due.
(2) The supervision and control assessment is not in place. The capital flow of the enterprise is out of touch with the control, the cardiopulmonary bypass is serious, the pre-control is weak, the post-audit supervision goes through the motions, and there is no feasible assessment method. Some enterprises don't fully grasp the important decision-making information such as investment and financing, external guarantee, contingent liabilities and profit distribution of their subsidiaries, and their investment decisions are arbitrary. Some business leaders are not clear about their own financial situation, and financial personnel do not know much about their own operating conditions. Moreover, it belongs to a subordinate position, and the internal audit system is not perfect and cannot play its due role. "Social audit is driven by interests and avoids talking about existing problems. Many times, the accounting department can only handle the accounts according to the intention of the leaders, forming a situation in which finance follows accounting and accounting follows the intention of the leaders. Financial supervision is weak and lagging behind, and the loss of funds is still serious. It is good for business leaders to unilaterally pursue profit targets for so-called political achievements, and it is often good to conduct annual assessment of business performance, but it is new.
(C) scattered funds, inefficient use of most enterprise groups, centralized management of funds and decentralized use of internal multi-level management agencies, the contradiction is prominent, inefficient use, and some enterprise subsidiaries open multiple accounts, the funds are out of control, serious precipitation. Some subsidiaries of some groups set up accounts ranging from hundreds to thousands. On the one hand, some groups have a lot of idle funds, on the other hand, they are struggling to raise much-needed small funds. The ability to adjust the surplus and shortage of funds is poor, the balance of bank loans remains high, and the financial expenses are increasing. Some internal subsidiaries of enterprise groups are seriously in arrears with the payment for goods, and the group is helpless. Enterprises have difficulties. Some subsidiaries in group companies always want to get rid of the supervision and control of the group when the economic situation is good, but when the business situation is bad or deteriorating, they turn back to seek financial support and rely too much on the parent company. (D) backward management methods and means. Many subsidiaries within enterprise groups still use the past methods of reporting, accounting statements and oral reports to reflect the operating and financial conditions of enterprises. Due to the arbitrariness of accounting, the untrue preparation of financial statements and the influence of human factors, some consolidated accounting statements also cover up the actual operating conditions and outstanding problems of subsidiaries, and the financial accounting information is distorted. In particular, many groups have not yet established the necessary computer financial information transmission, accounting, inquiry and monitoring systems, so it is difficult for group companies and investors to understand and master the financial dynamics of each company in time, with lagging information and low efficiency.
Second, enterprises should take countermeasures in financial fund management
(A) to improve the understanding of the importance of financial fund management and strengthen scientific management of enterprises is an important part of standardizing the establishment of a modern enterprise system and an eternal theme of enterprise development. The main link of enterprise management is finance, the core of enterprise financial management is funds, and funds are the blood of enterprises. The financial management of enterprises, in the final analysis, is the centralized management and control of capital flow. Judging from the practice of large foreign enterprises, they all implement centralized control in fund management. This control is very strict and almost ruthless ... >>
How to seize opportunities and avoid risks in enterprise management?
The risks of running a business are everywhere, including policy risks, business risks and security risks. Please consult an expert and learn more.