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Chief Financial Officer System Of Our Country Enterprise Improvement Research

Posted on:2013-11-05Degree:MasterType:Thesis
Country:ChinaCandidate:X X LiFull Text:PDF
GTID:2249330392957002Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With the deepening of the reform of the market economy system, the modernenterprise system and gradually improve the company’s financial functions increasinglypermeating all aspects of the company, the CFO system is facing unprecedentedchallenges. Currently, the understanding of the CFO is still relatively vague, the CFOduties positioning is not very clear and norms, the system is not perfect. Therefore, theanalysis of our CFO powers and responsibilities of Current Situation, and the formation ofeffective measures to establish the powers and responsibilities of system with internationalstandards, it is a perfect the CFO system in China is a real and urgent problem.Chief Financial Officer of system management system, is a very popular in the U.S.and European companies also gradually popular in recent years, the Chinese enterprises.Chief financial officer can also be referred to as the chief financial officer, as the newsenior management positions, Chief Financial Officer of the business owner or all theowners on behalf of the decision reflects the will of the owner, has overall responsibilityfor the company’s financial and accounting activities comprehensive supervision andmanagement of senior management."in this article, the Chief Financial Officer mainlyrefers to the chief financial officer of the corporate management, it has many names, chiefaccountant, chief financial officer, financial vice president, finance directors, financial vicepresident. This article in the carding and comparison on the basis of the evolution ofChinese and foreign CFO system, the Research and Analysis System Chief FinancialOfficer CFO in today’s corporate positioning, role and set of principles basic theoreticaland practical issues. On this basis, adhere to the basic theory and practice of the method ofcombining the depth of the problem with the causes of the powers and responsibilities inthe corporate CFO system arrangement exists, needed basis to improve our corporategovernance structure and the overall development trend of the CFO terms of arrangementspath reference on how to optimize the CFO powers and responsibilities of systemconstruction. This paper argues that, from a system perspective, it is necessary to improve the the CFOsystem in China, the first thing to establish and perfect the powers and responsibilities ofthe CFO system in line with the national conditions and prices situation. From thehistorical evolution of the United States, Europe, Japan, the chief financial officer of thepowers and responsibilities of the connotation of view, the current CFO system in Chinahas been considerable development, but the scope of their duties, privileges are less thanthe CFO’s duties and privileges of foreign developed countries, and there is "dislocation,absence, not in place "phenomenon. The role of the Chief Financial Officer, connotation,extension, powers and responsibilities of system impact factor have to name a few. In themodern enterprise management, in addition to the field of micro-level view of financialmanagement between dutifully In addition, in the area of macroeconomic management,such as talent is the fundamental quality is the lifeline, R&D is the basis, the market isoriented, innovation is the driving force, speed is the key, the scale is backed by the brandis the goal, and at what stage in which to offer advice and suggestions to the managers tobe focused at what stage in which, it should also be the duty of the Chief Financial Officer.With the increasingly fierce competition in the market and the continuous development ofenterprises, the functions of the Chief Financial Officer should also be slowly changinggradually to the leader of the corporate strategic plan, internal control, corporate globalpublic relations managers and corporate operators such as the identity conversion. To thisend, let the chief financial officer to participate in the company’s full range ofdecision-making process and strategic management, to participate in the full range ofbusiness process, and put forward a new concept of financial management,"to helpbusiness decision-making, optimize the Chief Financial Officer of the powers andresponsibilities of arrangements and monitor the whole process of the implementation ofdecisions, to ensure the best implementation of business objectives."...
Keywords/Search Tags:CFO (Chief Financial Officer), fundamental problem, institution perfection
PDF Full Text Request
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