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Research On Financial Risk Management Under Financial Sharing

Posted on:2021-01-02Degree:MasterType:Thesis
Country:ChinaCandidate:R WeiFull Text:PDF
GTID:2439330614471056Subject:audit
Abstract/Summary:PDF Full Text Request
Under the background of the continuous development of economic globalization,many large-scale enterprises began to adjust their strategic planning,and gradually changed their organizational structure to the mode of enterprise group.With the continuous expansion of the organizational scale of group enterprises,the related operating costs and financial costs also increase.The huge organizational structure reduces the efficiency and flexibility of business activities,and reduces the sensitivity of business units to market information changes.In this context,the original business ideas,management processes and financial systems of enterprises need to be updated and reshaped.The development of Internet information technology has given birth to big data processing and cloud computing mode.The popularization and application of new technology also has a profound impact on traditional accounting activities and financial management.Under the current accounting working mode,there are a lot of repetitive labor,which causes the problem of high cost of personnel but low efficiency of value creation.The financial personnel are faced with great pressure of business transformation in the process of organizational structure reform.Many enterprises begin the process of integration of industry and finance,and promote the optimization and transformation of the financial model of enterprises.Financial management is one of the most important parts in the operation and management of every enterprise.If an enterprise wants to achieve its strategic objectives,it needs a set of reasonable and effective financial management plan.In the context of financial transformation,the establishment of financial sharing services is conducive to centralizing the accounting work of business units at all levels to the group's financial sharing center platform To promote enterprises to focus more on business operation and promote the overall high-quality development of the group.This paper takes the construction and operation of G group's Financial Sharing Service Center as an example to study the effect of this platform and what new financial risk points it brings to group enterprises.In the case study,firstly,it introduces the background of the establishment of Financial Sharing Center in group enterprises,and analyzes the necessity and management objectives of the implementation of Financial Sharing Center.Secondly,it analyzes the process,organizational structure and business process of the group's construction of Financial Shared Service Center,and identifies the relevant process systems that may cause financial risks.Then the key elements of the group's overall financial activities and the financial risk points are discussed and analyzed.Finally,the experience and suggestions of constructing financial sharing center in group enterprises are put forward.Hope to provide useful reference value for other enterprises in the process of establishing financial sharing service platform.Through the case study of G group,the main conclusions are as follows: first,through the construction of financial sharing services,G group has effectively promoted the transformation of group financial management and accelerated the process of industry finance integration,and the overall effect of group financial sharing implementation after the sharing center platform runs online is better.Second,the establishment of the Financial Sharing Center also brings new financial risk points to the group,mainly including capital security,inventory circulation efficiency,price tax market volatility,project investment and financing efficiency and personnel management training.Third,in the future business development,G group should continue to optimize the operation of financial sharing platform,establish a scientific and reasonable financial risk management system to promote the better development of enterprises.
Keywords/Search Tags:Financial Sharing Service, Financial Risk, Risk Management
PDF Full Text Request
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