Analysis On Financial Monitoring And Controlling After Dongguang Groop Merged Jilin Ruibao Co.,Ltd.

With the constant development of the reform in state-own enterprise, people pay more and more attention to merger and acquisition(M&A) which act as a pattern of capital operation. In our country, the study of merge appears later. At present the studies of the scholars on merge concentrate on the reason lead to the merge and how to select the goal of the merge. Almost none study on how to establish series of financial monitoring and controlling system after the merge. Although merge is an important economical activity in the development of market economy, the risk is rather great. As an important part and core content in the fiancial management, financial monitoring and controlling is the key facter which decides the success or failure of M&A. Therefore, the paper will study on financial monitoring and controlling combine together the case that Dongguang Groop merger Jilin Ruibao co. Ltd and raise some improved suggestion.Jilin Province is well-known for its rapid development of automobile. Most automobile parts are producted from here.Two enterprises, the case of this paper mentioned, Dongguang Groop and Jilin Ruibao co. Ltd which lies in changchun and Jilin .they both product automobile part. Jilin government planed to invest 620 hundred million in developing automobile part last year.Dongguang Groop can use this good chance to enlarge its product base.Jul.15.2005,Dongguang Groop merged jilin Ruibao successfully costed 37.36 million. This act should enhance the groop's real strength further and prevent the operation risk from compitition.