What are the characteristics of traditional financial management, what are the characteristics of fi

The characteristics of financial management are as follows:

1. It involves a wide range of financial management activities, including production, sales and other aspects of the enterprise, and all departments within the enterprise are subject to the supervision and constraints of the financial management department.

2. Strong comprehensiveness, financial management permeates all business activities of the enterprise, involving production, sales, and various elements of people, finance, and materials.

3. High sensitivity, enterprise development must expand income, which means that people, finance, and materials will increase accordingly, which will be fully reflected in the form of capital flow in the financial aspects of the enterprise.

Financial management refers to the management of the purchase (investment) of assets, the financing of capital (financing) and the cash flow (working capital) in operation, as well as the distribution of profits, and the management of financial relations under certain overall objectives.

1.Financial management is a comprehensive management task 2Financial management has a wide range of links with all aspects of the business 3Financial management can quickly reflect the production and operation status of the enterprise.

Financial management is an integrated management task.

Financial management is based on the objective existence of financial activities and relationships in the process of enterprise reproduction, and is an economic management work that organizes the capital activities of enterprises and handles the financial relations between enterprises and all aspects, and is an important part of enterprise management.

Financial management is an important part of enterprise management, which penetrates into all fields and links of the enterprise. Financial management is directly related to the survival and development of enterprises, and in a sense, financial management is a key to the sustainable development of enterprises.

Science of Financial Management

It is a business management discipline that studies how to manage capital movement through management activities such as planning, decision-making, control, assessment, and supervision, so as to improve capital efficiency. It is a knowledge system formed by scientifically summarizing the financial management work of enterprises and various departments of the national economy under the guidance of economic principles and economic management theories, combined with the relevant issues of organizing productive forces and dealing with production relations.

Discipline Development Overview Financial management is the product of modern socialized large-scale production. Under the handicraft production mode of workshops and workshops, financial activities are relatively simple, and financial management and accounting work are combined. After the industrial revolution, especially after the emergence of trusts at the end of the 19th century, the financial activities of enterprises became more complicated, and the formulation of investment plans, raising operating funds, providing financial information to the outside world, and distributing profits constituted an independent function in the operation and management of enterprises

Mobilizing, using and allocating funds. The work that performs this function alone is called financial management. In the early days, financial management was mainly based on fundraising.

After the great crisis of the capitalist economy in the 30s of the 20 th century, the operators of Western enterprises saw the serious defect of only attaching importance to the management of raising funds, and adopted many measures to strengthen daily supervision and control over the use of funds in financial management, and financial management developed to take supervision as the core. After the Second World War, with the development of the market economy and the intensification of competition, the financial management of capitalist enterprises gradually shifted to the principle of ex-ante control, and a relatively complete financial control system was formed in the management of enterprises. In line with the above-mentioned development process, financial management has also gone through three different stages of development, with fundraising, financial supervision and overall financial control as the main research contents.

1. Financial management is a comprehensive management work.

In the process of implementing division of labor and decentralization, enterprise management has formed a series of professional management, some focusing on the management of use value, some focusing on the management of value, some focusing on the management of labor factors, and some focusing on the management of information. The development of social economy requires financial management to mainly use the form of value to manage business activities. Through the form of value, all the material conditions, business processes and business results of the enterprise are reasonably planned and controlled, so as to achieve the purpose of continuously improving the efficiency of the enterprise and increasing the wealth.

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Financial management is an important part of enterprise management, and the characteristics of financial management are as follows:

1) Financial management is value management.

Financial management is the use of value indicators such as capital, cost, and revenue to manage enterprise value.

The process of formation, realization and distribution, and dealing with the financial relationships formed in this process. Therefore, financial management can also be understood as organizing, controlling, directing, coordinating and assessing the capital movement of the enterprise to maintain a certain proportion of its coexistence, a certain speed of succession and a certain scale of profitability of a management behavior. At the same time, because the process of capital movement essentially reflects the disruption of the economic interest relationship between the enterprise and various stakeholders, the core of this interest is value distribution and redistribution.

2) Financial management is comprehensive management.

Financial management is an independent aspect of enterprise management, and it is also a comprehensive management work. The quality and effect of all aspects of the production and operation activities of the enterprise can be comprehensively reflected in the form of value. From another point of view, enterprises ensure the coordinated operation of all aspects of production and operation activities through effective organization of financial management, that is, rational organization of capital activities.

3) Strong financial management control function.

On the one hand, the business activities of enterprises are the process of material movement, and on the other hand, the process of capital movement. Any material movement of an enterprise must have a certain relationship with the revenue and expenditure of money, and the material movement and the process of business activities can be effectively controlled through the scale of monetary revenue and expenditure and its structure, which is the basis for the realization of the control function of financial management.

4) Financial management involves a wide range of trillions.

Financial management is the management of the movement of funds in a market economy.

Under the premise of further development, it is very rare that all the activities of enterprises are not related to the movement of funds. Therefore, financial management touches all departments and aspects of the enterprise. Strengthening financial management can prompt all departments and links to make rational use of funds, save capital expenditures, and improve the efficiency of the use of funds, which is beyond the reach of other management functions.

The characteristics of financial management: wide coverage, strong comprehensiveness, high sensitivity.

1. Covering a wide range.

Financial management activities involve all aspects of enterprise production, sales, etc., and the phenomenon that various departments within the enterprise are not connected with funds does not exist. Each department is also subject to the guidance of finance and is subject to the supervision and constraints of the financial management department in terms of rationally using funds, saving capital expenditure, and improving the utilization rate of funds.

2. Strong comprehensiveness:

Enterprise management under the modern enterprise system is a complex system composed of many subsystems such as production management, marketing management, quality management, technology management, equipment management, personnel management, financial management, and material management. As a kind of value management, financial management includes financing management, investment management, equity distribution management, cost management, etc., which is a comprehensive economic management activity.

3. High sensitivity

The goal of enterprise operation and management is to maximize economic returns, which is determined by the requirement of the modern enterprise system to invest capital to maintain and increase value, and is also determined by the fundamental requirements of socialist modernization. Financial management is the foundation of all management and the center of management.

There is still a big difference between management accounting and financial management. For example, the content of the study is different, the object of the study is different and the purpose is different, financial management is the approval, raising, use, recovery, and distribution of funds, while management accounting is the capital, decision-making, control, analysis, and evaluation, and the specific performance is as follows: Click to view more CMA application and certificate question 1, the content of the study is different, financial management is the direct management of the company's capital movement and the financial relationship it embodies, including financing management, investment management, asset management, income management, distribution management; Management accounting is the management of the economic activities of an enterprise, including planning and decision-making, control and performance evaluation.

Click here Gordon CMA Celebrity Teacher Free Consultation 2, the object of research is different financial management is the approval, raising, and transportation of funds

1. Covering a wide range. First of all, as far as the enterprise is concerned, financial management activities involve all aspects of enterprise production, sales, etc., and the phenomenon that various departments within the enterprise are not connected with funds does not exist. Each department also accepts the guidance of finance and is subject to the supervision and constraints of the financial management department in the rational use of funds, saving capital expenditures, and improving the utilization rate of funds.

At the same time, the financial management department itself is the production management of the enterprise.

Marketing management, quality management.

Activities such as manpower and material management provide timely, accurate, complete and continuous basic information. Secondly, the financial management of modern enterprises also involves various relationships outside the enterprise. in a market economy.

Under these conditions, enterprises are inextricably linked with various stakeholders in the process of financing, investment and income distribution in the market. It mainly includes: between the enterprise and its shareholders, between the enterprise and its creditors, between the enterprise and the first company, between the enterprise and the financial institutions, between the enterprise and the first business, between the enterprise and its customers, between the enterprise and its internal employees, etc.

2. Strong comprehensiveness:Enterprise management under the modern enterprise system is composed of production management, marketing management, quality management, technology management, and equipment management.

It is a complex system composed of many subsystems such as personnel management, financial management, and material management. It is true that other management is from a certain aspect and most of them adopt the method of physical measurement, the implementation of organization, coordination and control of a certain part of the enterprise in the production and operation activities, and the management effect can only play a restrictive role in the production and operation of the enterprise, and it is impossible to implement management of the operation of the entire enterprise. Financial management is different, as a kind of value management, it includes financing management, investment management, equity distribution management, and cost management.

This is a comprehensive and strong economic management activity. Because it is value management, financial management can timely and comprehensively reflect the operation status of commodities and materials through the value form of capital receipt and payment and flow, and commodity management can be carried out through the value management form. That is to say, financial management permeates all business activities, involving production, sales, and each element of people, finance, and materials, so grasp the internal management of enterprises to financial management as a breakthrough, and coordinate, promote, and control the production and operation activities of enterprises through value management.

3. High sensitivityUnder the modern enterprise system, the enterprise becomes an independent legal entity facing the market and the main body of market competition. Business management objectives.

In order to maximize economic benefits, this is the requirement of the modern enterprise system to invest capital.

The realization of value preservation and appreciation is also determined by socialist modernization.

is determined by the fundamental requirements. Because, in order for an enterprise to survive, it must be able to offset its income and repay its debts when due. For a business to grow, it must expand its revenue. An increase in income means a corresponding increase in people, money, and goods, all of which will flow in the form of capital.

The form is fully reflected in the financial affairs of the enterprise and has a significant impact on the completion of financial indicators. Therefore, financial management is the foundation and center of all management. To do a good job in financial management is to grasp the bull's nose of enterprise management, and the management will be implemented.

Financial management activities involve every aspect of production, production and sales. 2.Comprehensive.

Timely and comprehensively reflect the operation status of materials, and materials can also be managed through the value management model. 3.High sensitivity.

Under the modern enterprise system, enterprises become market-oriented independent legal entities and market competition entities.

1.Financial management is a comprehensive management task 2Financial management has a wide range of links with all aspects of the business 3Financial management can quickly reflect the production and operation status of the enterprise.