On the financial management of small and medium private enterprises6332.doc

on the financial management of small and medium private enterprises abstract for small and medium private enterprises of chinas financial management has not been standardized, there are many problems, the article analyzes the status of financial management for small and medium private enterprises and the main issue, strengthening the financial management for small and medium private enterprises measures. key words small and medium sized private status and problems of financial management measures to after 20 years of development, chinas private economy have shown a rapid and vigorous development momentum, the private economy in the proportion of the national economy has been significantly improved. according to relevant statistics: by 2005, the private economy in the national economy by 2000 the proportion of 55% to 65% or so, six years, the total amount of private investment growing at an annual jinsan cheng has become chinas economic growth the main driving force. however, chinas private enterprises, especially small and medium sized private enterprises, financial management has not been standardized, there are many problems, has seriously hindered the healthy development of enterprises. as we all know, financial management is the core of enterprise management, financial management throughout the enterprise penetration and all economic activities of enterprises in raising funds for, use and distribution, are related to financial management; enterprise production, management, importation, sale, keeping for each a link can not do without the financial reflection and regulation. if the financial management of an enterprise chaos, leading to cash flow difficulties, loss of profitability, regardless of the size of multiple city bankrupt. moreover, small and medium sized private enterprises have been congenitally deficient, lack of funds, financing more difficult, more attention should be paid and the strengthening of financial management. following on the strengthening of financial management for small and medium private enterprises to talk about their personal views. 1, small and medium private enterprise financial management status and major issues 1, the unit responsible for the accounting sense of responsibility were weak, not pay enough attention on financial management. although chinas accounting law clearly states: unit is headed by the unit primarily responsible for accounting for accounting and accounting information, truthfulness and completeness of. actual situation, however, most of the people responsible for small and medium private enterprises of the accounting law and other financial and economic laws and regulations and a lack of accounting expertise to learn and understand, let alone accounting and accounting information on the truthfulness and completeness of ; as the owner of private enterprises are mostly based on marketing or technology started, is marketing or technical experts, financial management is an outsider, and many bosses said: as long as products gouxiaoliangwang, there is benefit; as long as good pocketbook, meat rot in the pot, 1:00 suanbu qing does not matter. 2, accounting quality is not high, accounting and basic work is weak. some small and medium private enterprises set up by his relatives at the beginning as an accountant, cashiers. most of these people are second guess, the quality is not high, there is no professional knowledge through formal training. although some private enterprises had a high level of recruitment of experienced accounting, however, small and medium private enterprises are mostly family enterprises, nepotism is very prominent, and family members felt that a special relationship with enterprises in order to insiders in itself, others are outsiders, there is a kind of xenophobia, external accounting personnel do not have a sense of belonging to communicate up and down blocked, resulting in a number of outstanding talent is difficult to integrate into the family circle, ambition is not cast had to take the best policy. this way, there has been outstanding accounting personnel in family enterprises kept in strange phenomenon. the quality of accounting personnel is not high, resulting in accounting-based work is weak, unclear accounts. 3, accounting irregularities, the general distortion of accounting information. existence of many companies at random to simplify accounting procedures, misuse of accounting subjects; account peripherals accounts, accounting extracorporeal circulation problems; product costing was not standardized, and some even to estimate the profits rolled down the cost of computing products, corporate book and the actual stock of inventory discrepancies , inventory costs are not properly accounting; some set up two accounts, while others are a nobody knows for sure. many small and medium private enterprises a violation of financial regulations, tax evasion, concealment of income, profits, etc., under the existing management system and the impact of government departments, private enterprises accounting information on the extent of supervision and inadequate, resulting in distortion of accounting information, financial management chaos. 4, the internal financial control system is not perfect, and management loopholes more. most of private enterprises on the establishment of internal financial control system, lack of understanding of the importance, or not established an effective internal financial control system, or although the establishment of internal financial control system, just system printed on paper, hung on the wall to , there are chapters that do not follow was useless. most businesses are not set up an internal audit department, if any, is also difficult to ensure that internal audits independence. non-separating incompatible duties, in order to reduce personnel costs, many private enterprises do not follow the requirements of the internal containment system for the implementation of the cashier staff keep a close watch revenue costs, claims and debts of the registration of common, procurement officers and storekeepers, warehouse storage the accounting of personnel and materials, have occurred. unclear division of powers and responsibilities of various departments, and some do not even have clear job responsibilities and positions the division of economic activity the lack of proper monitoring, porous and management control. 5, financial management and cost control is falling behind. small and medium private enterprises in the use and management of funds by the owner have the final say in general, fund management is highly concentrated. many private enterprises in the lack of cash flow management concepts, lack of funds use plan. especially in the economic good times do not conduct market research and project feasibility studies, blind investment in new projects, expansion of production scale. once the environment changes, such as: new projects bear fruit slowly, increasing financial risks, etc. occurs, the financial management issues are fully exposed, causing cash flow difficulties, resulting in an inability to normal operations. many private enterprises extensive management, cost control is backward, with the majority of private enterprises to focus only on reducing waste, cost containment and other measures to reduce costs, but ignore the use of modern science and technology, and advanced cost control methods to control costs; to focus only on losses in the process carried out cost-control to the neglect of the product design cost, procurement cost control; other hand, most private enterprises accounting personnel lack of experience in cost control, cost accounting is not small, to operators for decision-making difficult. reposted elsewhere in the paper for free download http:/ 6, government regulation not in place. chinas laws and regulations on the supervision of private enterprise financial management lack of clear regulations, government departments in addition to the tax department of the tax collection and management of private enterprises, the financial, auditing, business, statistics and other departments to private enterprise financial management of a lack of supervision or regulation in place, the absence of government supervision and relevant government departments unreasonable information with each other, leading to intensified acts of private corporate accounting fraud. from the above analysis we can see that small and medium private enterprise financial management has not been standardized, low management level, and there are many problems, how to strengthen its financial management a top priority. second, to strengthen small and medium sized private enterprise financial management measures 1 to strengthen the people responsible for the accounting sense of responsibility, the real emphasis on the financial management. unit can not believe that the financial accounting reports on the signature is only a formality, its irresponsible, but to truly realize the accounting law given its own accounting responsibilities, attaches great importance to accounting and earnestly fulfill its statutory duties . therefore, the unit should be: (1) learn something of the financial accounting knowledge, can not own accounting business do not know or knowledge as an excuse to shirk the violation occurred, false accounting and other acts of legal liability; (2 ) to support and ensure that the accounting, accounting personnel perform their duties according to law shall not incite, instigate, or force the accounting agency or accounting staff handling accounting matters of law; (3) the appointment of an accounting qualification according to the accounting staff and accounting personnel in accordance with law to protect the unit to participate in continuing education and training, the right to the accounting team to promote the continuous improvement of service quality; (4) to truly focus on financial management, establish sound financial management system, standardize the accounting practices to ensure that the accounting data authenticity, integrity; (5) in the financial the management of important positions, we should change the trusted people stereotypes, so that excellent professional knowledge, professional skills, skilled people to take up accounting. 2, strengthening the management of the accounting practitioners to improve the professional standards of accounting personnel. private enterprise accounting important reason for a weak infrastructure, low technological levels of professional accounting personnel. to improve the status of the financial management of private enterprises must strengthen the management of the accounting practitioners may take the following measures: (1) strictly enforce the accounting law requirements for new recruits corporate accounting staff accounting staff must hold a qualification certificate, non-qualified persons for posts ; (2) for the accounting personnel have been appointed to conduct regular training, examination, assessment ineligible shall not engage in corporate accounting; (3) for accounting ethics education and improve the work of accounting personnel responsibility. 3, to promote the use of financial management software, implementation of accounting information, accounting standards. strengthen small and medium sized private enterprise financial management, financial management, information technology is the inevitable demand. computerized accounting and network to speed up construction, accounting information, not only improve the efficiency of accounting work, but also to effectively regulate the accounting and effectively overcome the errors caused by manual distortion of accounting information. 4, establish sound financial management system, to strengthen the internal audit work. reasonably small and medium private enterprises to establish a sound financial management system: such as financial income and expenditure approval system, the internal containment system, audit system, the budget management system, property inventory system, cost control system and other basic financial management system, and truly according to the system implementation; the establishment of independent internal audit department, independent internal audit work carried out. 5, strengthen financial management and cost control. the government should actively support small and medium private enterprises to develop and improve small and medium private enterprises is conducive to the development of financial policies, and further broaden the financing channels for small and medium private enterprises, so that good returns are no longer difficult to finance for small and medium private enterprises. small and medium private enterprises should strive to improve efficiency in the use of funds, in particular, should strengthen the management of inventory and accounts receivable, inventory count should be regularly carried out to ensure the accounts in reality; right to credit the customers credit rating, improve marketing accountability, regular nuclear on the accounts receivable aging analysis on a regular basis, and strictly control the accounts to stay dead. should be strengthened cost control, cost management to establish a sci