What Are the Basic Principles of Financial Management?

The basic principles of enterprise financial management refer to the basic principles of financial management stipulated in the general financial regulations of the enterprise: establish and improve the internal financial management system of the enterprise, do a good job of financial management basic work, truthfully reflect the financial status of the enterprise, calculate and pay national taxes in accordance with the law, and ensure investors' Rights and interests are not infringed. The purpose of establishing and improving the internal financial management system of an enterprise is to determine the internal financial relationships of the enterprise, that is, the division of power and responsibility and the distribution of benefits in the financial management of various departments and units at all levels of the enterprise, including the fixed asset management system and liquidity. Fund management system, cost management system, financial revenue and expenditure management system, and various reward and punishment systems. ^[1]