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On Financial Shared Service Mechanism Of Overseas Business In DQ Co.,ltd.

Posted on:2020-08-23Degree:MasterType:Thesis
Country:ChinaCandidate:M H LiFull Text:PDF
GTID:2381330596481861Subject:Accounting
Abstract/Summary:PDF Full Text Request
Under the background of economic globalization,economic resources are optimally allocated in the world.In the face of fierce market competition,enterprises lay out assets,production and sales on a global scale,seeking overall Maximizing value has become inevitable.With the continuous expansion of corporate business,under the traditional decentralized financial management model,problems such as the rising costs,the separation of finance and business,and increased business risk and financial risk brought about by the independent management rights of the molecular company The financial shared service centralizes the basic financial business in the enterprise,and provides comprehensive data support for the management decision analysis,budget,and capital management of the enterprise,thereby improving the integration capability of the enterprise.In addition,standardized and centralized processing has reduced the financial management costs of enterprises,improved management level and management efficiency,and also strengthened monitoring.The continuous expansion of overseas business of DQ Co.,ltd..has put forward new requirements for financial management and control of its overseas business.This paper will analyze the current situation of financial control of DQ Co.,ltd...and explore the construction of its overseas financial shared service center.This paper adopts the case study method to analysis the financial shared service of DQ Co.,ltd..'s overseas business.Firstly,it sorts out the related literatures,based on the relevant theory,the paper establishes the theoretical analysis framework based on the financial shared service framework and the financial shared service center construction process.Secondly,analyze the current situation of DQ Co.,ltd.'s overseas business development and financial accounting model,as well as the existing problems of overseas financial management and control of DQ Co.,ltd..The exploration of financial sharing services will help DQ Co.,ltd.solve these problems and promote the transformation of financial management model.Finally,we will explore the construction of overseas financial shared services in DQ Co.,ltd..,and discuss possible problems and countermeasures,in order to provide reference and reference for DQ Co.,ltd...and other enterprises to build financial services for overseas business.Through the combing of the literature and theory of financial shared services,according to the operating mechanism of financial shared services,through the reference to the business process of China Railway Group Limited Central China Region Financial Shared Service Center,the scope of financial shared services for overseas business of DQ Co.,ltd..was determined.Including the cost of revenue,fund settlement,taxation,general ledger statement,that is,from sales to collection,purchase to payment,general ledger to statement,the three main business lines,nine types of financial sharing business processes.According to the current accounting system of DQ Co.,ltd..,the business process of the financial sharing service of DQ Co.,ltd..'s overseas business is designed.Its overseas financial sharing service center is set up as an independent organization in the finance department of DQ Co.,ltd..to provide services for its business units.Its established FMIS7.0 international financial software will provide information system support.And discussed the operational management content of the sharing center's organizational structure,performance appraisal,monitoring audit,continuous optimization.This paper also analyzes and explores the problems that may be encountered in the construction and operation of the financial sharing service of DQ Co.,ltd..'s overseas business,and puts forward suggestions for the response of these problems.
Keywords/Search Tags:DQ Co.,ltd.., Exchange rate risk, Overseas business, Financial shared
PDF Full Text Request
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