Study On The System Of Enterprise Financial Analysis Based On The Combination Of Financial Rights And Value Management

As more and more financial information of high quality is demanded and the function of financial analysis is gradually extended, the market and the enterprise call for higher quality in the research of financial analysis methods. It has both theoretical and practical significance in the deep research on how to make better financial analysis in order to optimize the allocation of resource and to improve economic benefits. Based on the financial rights theory and combined the thought of value management, financial analysis of enterprise is discussed in this paper.First of all, by reviewing the domestic and foreign research of financial analysis and the research of financial theory, the lack of theoretical basis and the logical consistency in the research on the financial analysis of China is pointed out.Moreover, the reviewing also discovers that the contents of the research are limited in value movement, and the research of the relationship which coming along with the value movement among the economic interests is not abundant. And through the review of financial theory research, the groundwork is laid for the enterprise financial analysis mentality. Based on the above, the paper introduces the theoretical basis of financial analysis: the modern enterprise theory and value management theory are the theoretical basis when the basic problems and the process in the research of financial analysis are discussed. As the core of modern financial theory, the financial rights theory is the most direct theory basis in this paper.Then, by analyzing the characteristic of the traditional financial analysis, the paper puts forward the new view of enterprise financial analysis based on the combination of financial rights theory.and value management. Next, by making use of the financial rights theory, the basic problems in the research of enterprise financial analysis are interpreted to lay the foundation of the research. Through the logic deduction of these basic problems, this paper puts forward a thinking process of enterprise financial analysis starting with the interpretation of "two in one" financial essence coming from "the flowing of financial rights". The detailed process of financial analysis is introduced.In this process, a more comprehensive analysis of enterprise financial is made from two aspects which are resource allocation and the allocation of financial rights.Finally, in accordance with the "two in one" financial analysis logical thinking process,combined with the enterprise value management, using the correspondingrelationship between the two-dimensional value creation and the two aspects of financial essence, the hierarchical financial analysis system is built under the direction of enterprise's strategic planning and regarding the two-dimensional value analysis as the main analysis. Then, the paper tries to interpret the financial analysis method into detail within the analysis practice based on the structure of the internal and external value network. An enterprise value-creating system is presented. In this system, a value network which comes from the process of the allocation of resources based on "the flowing of money" and a relationship network which formed from the process of the construction of relationship based on the “the flowing of rights” are the object of the analysis. The information network is created as the process and the result of analysis.