Enterprise Group Financial Control

The importance of the financial control of enterprise group is root inthe particularity of financial management of enterprise group. Thefinancial control purpose of enterprise group can rein financial control.Taking the corporation of first class of enterprise inside as the main bodycontrol, this paper basis on the theory of owner of enterprise, argumentthe whole purpose of enterprise financial control is maximization ofbenefit of enterprise group. Its particular purpose is for realization offinancial synergic domino affect of enterprise group, safeguard ofall-in-one of financial tactic, elude of financial risk and aggrandizementof sustain of subsystem of financial management.Mechanism, institution, and the method of actualize compos of fullsystem of financial control and core content. For solving substituteproblem caused by many substitute relations, and debasing cost ofsubstitute, the mechanism of financial control of enterprise group lies onestablishment of mechanism of promoting and obligation. The flat roof offinancial control of enterprise group is base on the mechanism offinancial control. It establishes the framework of that centralization ofstate power have order, separation of state power have reasons. It's forsolving core of mechanism—distribution of financial power. The realizedmethod of financial control of enterprise group is the management of whole budget. With the help of audit supervise and mechanism offinancial crisis alarm, it was realized the purpose of financial control ofenterprise group through the management of centralization of capital andthe institution of accreditation of CFO.On the end of this paper, it based on the theory argued in this paperand analysis the financial control system of Wuhan Iron and the methodof management of centralization of capital of china sinopec corporation.Hope that it can provide inspiration and use for reference for theestablishment of system of financial control of Chinese enterprise group.