What Are Company Financials?

Finance generally refers to financial activities and financial relationships. The former refers to the activities of an enterprise that involve funds in the production process, indicating the formal characteristics of finance; the latter refers to the economic relations between the enterprise and various parties in financial activities, and reveals the nature of financial content. Therefore, in a nutshell, corporate finance is the movement of funds in the process of corporate reproduction, and it reflects the economic relationship between the enterprise and various aspects. ^[1]

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Voucher management

Voucher entry, voucher search, voucher audit. Voucher posting, carry forward, period end

The basic principles of financial management include the systemic principle, the cash balance principle, the return risk principle, and the interest coordination principle.

1. Systematic principle means that financial management is a subsystem of the management system of each member company of the group, and it itself is composed of many subsystems such as fund management, investment management, and distribution management.

Adhering to the systemic principle in financial management is the first starting point of financial management. It specifically requires three things.

The first point is overall optimization, and only the best system is the best system.

The second point is structural optimization. Any system is a hierarchical system with a certain hierarchical structure. In terms of enterprise resource allocation, attention should be paid to structural proportion optimization to ensure overall optimization, such as optimization of capital structure, asset structure, and distribution structure.

The third point is the strong environmental adaptability. The financial management system must maintain appropriate flexibility to adapt to changes in the environment.

2. The principle of cash balance means that in financial management, the implementation of the payment and realization system, rather than the accrual basis, objectively requires that the amount of cash income (inflow) and cash expenditure (outflow) in the financial management process be in the amount Dynamic balance is reached in time and time, that is, cash flow balance. The basic way to keep your cash balance is cash

ACCA (Certified Chartered Certified Accountant)

The Association of Chartered Certified Accountants is the world's leading professional accounting body. ACCA professional qualifications are considered to be legal accountant qualifications in Europe and some major countries in the world. Members can become certified public accountants and are permitted by law to engage in professional accountants such as auditing, taxation, bankruptcy enforcement and investment consulting.

Entered China: 1990

Suitable for reference: senior financial management, financial director, etc.

Examination: Full English papers, with good English foundation. A total of 14 subjects participate in the international unified exam. If you have obtained the CPA, you can waive 5 subjects.

Employment fields: foreign-funded enterprises, banks, investment, securities, insurance, etc.

CGA (Canadian Certified Public Accountant)

The CGA title is an internationally recognized accountant qualification, and members can practice in Canada and sign independently

Accounting Cashier Management System

In any modern company, there can be no financial director but no accounting and cashier. The accounting and cashier management system is the most basic financial management system for an enterprise. No matter how small a company is, its financial situation will be messed up without these systems. The modern accounting cashier management system includes the following aspects:
I. Financial Department Working Standards II. Financial Management Regulations III. Accounting Management Norms IV. Accounting Management System V. Accounting Section Working Rules VI. Cashier Operations Processing Details VII. Headquarters Financial and Accounting Processing Details VIII. Branch Office Accounting Processing Standards IX X. Financial analysis writing rules X. Statement management regulations X. Company internal audit system XII. Company audit management system XIII Accounting file management system XIV Statistics management measures

Fund property management system

In the modern company's financial management, the management of the company's capital and property is the core content of financial management. Any improper management will confuse the company's financial situation and directly lead to incalculable consequences for decision-makers' blind decision-making. It is necessary to avoid Improper decisions must be managed in the following areas:
I. Business plan and budget management system II. Fund budget operation rules III. Fund management methods IV. Fund control system V. Fund raising work standards VI. Loans and various expenses and expenditure standards and approval procedures 2. Methods for division of powers for subpoena review 9. Provisions for petty funds management 10. Standards for expenses and expenses 11. Measures for property management 12. Provisions for management of fixed assets 13. The company's financial inventory system

Account bill management system

If the management system of capital and property is the core content of financial management, the management system of bills and bills is the foundation of the company's financial management. Only when the company's account bill management is well-organized can the company's capital and asset management be logical. The modern account management system has the following aspects:
I. Regulations on performance appraisal of accountants in business units II. Rules for the processing of bills receivable and accounts receivable III. Rules for the management of receivables IV. Regulations for the management of receivables Receivables Code 7. Regulations on the management of accounts receivable and bills receivable