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Research On Risk Management Of Global Financial Sharing Of Multinational Enterprises

Posted on:2020-05-04Degree:MasterType:Thesis
Country:ChinaCandidate:J J TianFull Text:PDF
GTID:2439330572967388Subject:Accounting
Abstract/Summary:PDF Full Text Request
With the rapid development of globalization and information technology,the development of enterprises has become diversified and large-scale.More and more multinational enterprises have got rid of the traditional financial management mode and started to introduce the global financial sharing model.The implication of building a global financial sharing model is to establish an independent entity unit and provide unified financial services to the outside world.This new type of financial management model is conducive to enterprises to achieve standardization of their financial processes and centralized services,which is conducive to improving the efficiency of accounting and reducing the cost of accounting,so that it can achieve the overall strategic goals of the enterprise better and faster.However,the implementation of global financial sharing is also a long-term and complex systematic project involving changes in processes,systems,personnel,and strategy,and is full of various internal and external risks.Therefore,if the company cannot effectively carry out risk management,it will increase the difficulty of implementing financial changes and reduce the implementation effect.How to deal with the risks brought by the global financial sharing of multinational corporations is the focus of the article.This paper first expounds the current situation of financial sharing mode and enterprise risk management in domestic and foreign enterprises.In view of the necessity of multinational enterprises to implement global financial sharing,combined with the theory of financial sharing and risk management,the paper proposes to build a global financial sharing and the important risks that may exist in the follow-up operation;secondly,identify the main risks according to the risk identification method and introduce the specific implementation status and problems of several multinational enterprises in China;Finally,based on the key risks the case of the global financial sharing questions and to analyze the risk management measures adopted,and hope to provide theoretical support to multinational companies that are preparing or implementing global financial sharing.
Keywords/Search Tags:Financial sharing, Risk Management, Multinational corporation, COSO Risk Management Framework
PDF Full Text Request
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