Financial Operation Innovation Research About AL Company In The Context Of Blockchain

Financial operation is the combination of financial activities related to various economic matters and financial management of a company.It also refers to the operation of funds in the whole process of production and operation.The premise of financial operation is accurate accounting,and the core is financial management.The financial operation of a company is inevitably inseparable from accounting,internal supervision and audit,as well as data and information storage in the process of financial operation.Financial operation under the block chain environment makes accounting and financial management better integrated.Accounting provides more accurate financial information records under the function of accounting supervision and auditing.Enterprise managers must make analysis and decision based on financial information provided by accounting,and adopt corresponding means to adjust business profit management,asset turnover management and capital structure management so as to achieve the best financial management effect.Block chain technology,as the representative of innovative technology in the era of rapid development of the Internet,has played an irreplaceable role in many fields with its own characteristics and advantages and constantly trigger changes.Nowadays,many enterprises adopt the mode of "Internet plus finance" to carry out accounting and financial management,but a large number of enterprises adopt centralized management mode in the whole financial operation process.This mode has some problems such as high cost of working capital management,complicated financial operation process and so on.The essence of block chain is a distributed book data link.This technology has the characteristics of decentralization,de-trust,non-tampering,anonymity and complete transparency.The application of block chain in financial field can significantly reduce financial risks and operating costs,and create value for enterprises more efficiently.This paper first outlines the financial operation of AL Company in 2014-2016,and then finds problems in cash management,cost control management,accounts receivable turnover management,inventory turnover management and capital structure management.In 2017,AL introduced Block Chain Technology and used it in accounting,internal supervision and audit,data storage and various means of fund management to make innovative changes in the financial operation of enterprises.By analyzing and comparing the financial data and indicators of AL Company in the four years from 2014 to 2017,it is found that compared with the previous three years,the operating profit management,asset turnover management and capital structure management of AL Company in 2017 are more innovative and have achieved remarkable results,making the company's profitability,operating ability and financing ability significantly improved so that these can help the company maximize its remuneration.Minimize risk.