Wanxin Lifestyle Company Study Of Financial Management

Since reform and opening up, private enterprises occupy the entire garment enterprises in the main. However, another phenomenon of the development of private enterprises is equally impressive: the Chinese private enterprise life is generally short, the elimination rate is astonishing. That financial risks diehard of many private enterprises is the main cause toward their dooms.After having quoted a modern enterprise financial management theory, the paper analyses the development of the Private clothing enterprises Wanxin Lifestyle Company, and then analyses the company's financial management that includes the financial accounting system being not standardized, company leaders attaching importance to production and marketing, neglecting financial management and underestimating the risks faced by enterprises, and other major issues . This paper also explores the root causes of the problem, and explains to resolve the company's financial management approach. In resolving the company's financial management approach, the paper focuses on the design ideas of solving the "two sets of accounts".