On The Function Of Financial Management In The Internal Control Construction Of Enterprises

Internal Controlling is a process which aims to achieve controllingobjectives taken by enterprise administrators,supervisors and employees.Thegoals of Internal Controlling lie in several aspects,including the legality ofmanagement,the security of assets,the truth and completeness of financialreports and related information,the improvement of efficiency and outcome,andthe enforcement of enterprises accounts and currency,embracing the wholeprocess of decision-making,planning and controlling.The essential of financialmanagement is to analysis the whole process of management of the enterprise bythe standard of value.As the core of management of enterprise,the financialmanagement must be consistent with business in goals.As to the financialmanagement ensure the security of assets,the truth and completeness of financialreports and related information,and the improvement of efficiency andoutcome.Those all together clear help us to reveal that financial managementmakes much sense to establish and optimize Internal Controlling and to enforcethe strategy of enterprise.The thesis,from the angle of Chinas conditions,demonstrates the seriousproblems of malfunction and bad supervision of internal control in Chinasenterprises bases on the theories of internal control.Taking China Unicom as anexample,the thesis depicts the importance of financial management in theinternal control and argues that it should always be the core of internalcontrol.This paper consists of four parts.The first part introduces therelationship between financial management and internal control,stresses thefunction of financial management in internal control.The second partapproaches some basic theories of internal control,and argues the necessity ofimproving the financial management and internal control.The third partpresents some principles,mensures and ways of internal control in China Unicom,summarises some accomplishments and experience it has achieved in therespect.The last part further explores the important function of financialmanagement in internal control of the enterprise and suggests that it is essentialfor an enterprise to improve the financial management and put the internalcontrol into effective use with a means of modern financial management toachieve it is long-term development.