Research On Financial Management And Control Of X Group

At present,with the steady progress of China's "13th Five-Year" Planning,the steady economic growth,the acceleration of the adjustment of the industrial structure,and the continuous reform in the electric market in China,in the common role of the national macro-control and the market competition,some large groups with the electric enterprise service as the core business have been gradually established through the continuous optimization and integration of resources in the traditional monopoly electric industry.As the auxiliary service units of electric enterprises,these groups are mainly involved in the production and sales of electric equipment and facilities,the survey and design of engineering,and the logistics service.With the economic globalization and the market-oriented reform,these electric enterprises should take the initiative to be adapted to the electric system reform and the market for survival and development.And it is vital in the reform and development of enterprises to establish the proper financial management and control system and the proper financial management system,to ensure the sustained and stable development.As a comprehensive enterprise in the electric industry,X Group has become competitive by gradually adjusting the industrial structure and eliminating the backward production capacity and loss-making enterprises.In the paper,on the basis of the literature about the financial management and control theory of domestic and foreign enterprises,the basic theory is systematically introduced,including the financial management and control theory,the type of the financial management and control mode,and the selection of the financial management and control mode.And X group is taken as the research object.Through the literature analysis,the case analysis and the quantitative analysis,the problems existing in the financial management and control system as well as its causes are analyzed,including the financial management system,the financial management,the budget management,the cost management,the financial personnel management and the financial information management.Some suggestions on the improvement of the financial management and control system are put forward for X group,to get more advantages in the fierce competition,to maximize the efficiency.It is also hoped to provide some reference for some similar enterprises.