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Research On Strategy Of Industry And Finance Integration In Changchun Tiande New Material Company

Posted on:2022-11-25Degree:MasterType:Thesis
Country:ChinaCandidate:X Y ZhangFull Text:PDF
GTID:2492306758998249Subject:Accounting
Abstract/Summary:PDF Full Text Request
In this paper,Changchun Tiande New Materials Co.,LTD.,which mainly provides manufacture of small components by high temperature heating in automobile manufacturing industry,is selected as the research object.First of all,it describes the company’s current general situation and the company’s main business operation mode,organizational structure and financial management process.Goods fusion application followed by the company in operation at this stage,using interviews,questionnaire survey,operation risk analysis and financial statement data analysis and other methods,which can identify risks and issues of the company can be found in Changchun Tiande New Material Company.wealth integration degree is low,the company’s development pace is flagging industry and their own poor management.This company can’t wait to solve these straitened circumstances,because it has caused a lot of problems.Then,according to the results of identification,the root causes are further explored,and the problems and risks are determined as unreasonable information system configuration,information asymmetry of various departments,insufficient participation of business departments in industry and finance integration,and disconnection between budget preparation and business.This paper further analyzes the causes in the previously mentioned problems,it is necessary to find the deep-seated reasons for the occurrence of the problem are mainly financial personnel’s low income and status,resulting in insufficient motivation for self-improvement and not being paid attention to;Consciousness of wealth management lack of industry integration,the company’s business process design is inadequate in Changchun Tiande New Material Company.whole management level for a long time is in a state of stagnation,organization structure and operation method was not coordinated with the change of business,key business of Changchun Tiande New Material Company.existence state of unsupervised,has certain operational risk,Reduced operational efficiency;The existing information system investment caused by inadequate information system is not sound,comprehensive budget mechanism is not perfect,lag obviously unable to adapt to changing market conditions,the budget of the main body of a single,meets the requirement of the collaborative management of budget target fuzzy,can’t agree with enterprise strategy,the professional quality of financial personnel cannot meet the needs of industry fiscal integration.According to the causes of the problem,the proposal for the company is to first build an information platform for the integration of business and finance,and then transform the business process on this basis,standardize the accounting process,company management system and methodology,by improving the management of Changchun Tiande New Material Company,make the financial management reach the whole process of business,provide guarantee for the smooth completion of business activities while controlling the management risk of the company,and combine the financial work and business work flexibly.The financial work and business work are flexibly combined to improve the operational efficiency of the company.To ensure a well-off running of the integration of business and finance,this paper puts forward clear principles and objectives for Changchun Tiande New Material Company,and formulates optimization steps and strategies to ensure the smooth implementation of the entire integration of business and finance using safeguards.The safeguards include cultivating complex financial personnel and appropriately improving their salaries,strengthening inter-departmental communication and cooperation,and introducing advanced information technology and Someone who is very good at solving the problems to increase the amount of business handled per unit of time.Through this paper,we hope that Changchun Tiande New Material Company will improve the integration of industry and finance,get rid of the company’s current difficulties,achieve the strategic goals set by the company,and become the most advanced supplier in the intelligent automobile industry chain,and also provide some reference for other companies applying the integration of industry and finance,and contribute to the promotion of management accounting in the whole economy and society.
Keywords/Search Tags:Industry and finance integration, Manufacturing, Total Budget Management, Information System Application
PDF Full Text Request
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