Design And Research On The Financial Supervision System Of Yuntongxing Group

With the reform and opening up, companies are no longer confined to the local community development, economic globalization to promote Chinese enterprises to realize its expansion through mergers and acquisitions, business model from a single industry to diversified business model has become an important way for enterprises bigger and stronger. Therefore, the establishment of financial control system has become diversified conglomerate operating core areas. Currently most of our business groups draw substantially since the introduction of reform and opening up of the Japanese companies and other foreign enterprises in Taiwan enterprises financial management, over the years of domestic enterprises rarely combined with their autonomous factors, did not form a sound financial controls with Chinese Characteristics system. This article desired Perfection of China Group’s capital management theory and monitor mode, especially in the necessity, the choice of what model and how to implement, etc. supplement and perfect. This has the double meaning of theory and practice to perfect and build a sound system of financial control system of the Enterprise Group.By analyzing Express Star Group Equity Financial Supervision status quo and problems, identify the factors of financial monitoring to understand the status of equity investment Financial Control Express Star Group, combined with equity-linked type and investigate financial supervising basic mode of investment, analyze the impact of equity investment macro and micro factors of financial monitoring system construction, and on the basis of the equity investment in financial control influencing factors, combined with the Express Star Group’s own situation, choose a financial control model for its, building financial risk detection indicators, and specifically designed to expand the monitoring system, thereby improving Express Star Group’s financial monitoring system system, and further enhance the Express Star Group management efficiency and performance of the company to better achieve development goals. It will help promote the development of enterprise groups in China, a sound system of financial control system related to enterprise groups made constructive suggestions and improvements.According to research findings, this paper presents the implementation of financial monitoring safeguards Express Star Group. First, the establishment of a group of companies financial settlement center, strengthen the management of funds, make full use of financial settlement center has five functions, including financial settlement, planning, financing, and management of the swap. Second, the implementation CFO delegate system, strengthen and implement its corporate subsidiaries Group’s overall business objectives and targets, the true financial accounting information effectively monitor subsidiaries and reliable. Third, the implementation of financial budget control, improve the overall efficiency of capital, financial transparency and the efficiency of capital budget management, financial cost savings. The fourth is to strengthen the control of investment management, standardize the investment behavior of its subsidiaries, so select investment projects in line with group strategy, and improve investment efficiency; Fifth, the implementation of internal audit management, timely detection and correction of vulnerabilities and internal financial problems that exist, and enhance enterprise group financial control consciousness, to play a strong role of internal audit control mechanisms. Sixth, both supervision and encouragement. Incentive and Supervision to strengthen the combination of restraint at the same time, but also inspired the members of corporate enthusiasm and initiative.