Real Estate Enterprise Cash Flow Management Research

Cash flow of enterprise reflects enterprise over a period to come about cash andcash equivalent flow into and message that flow out, formed by three parts: The cashflow that the business activities produce, the cash flow that the investment activityproduces, fund-raising cash flow that activities produce. The cash flow is not merely thatenterprises repay debts, pay assurance of dividend, appraise enterprise profit ability,resist risk ability and enterprise future important basis of development prospect. Listedcompany in our country analyze, people realize profit to give enterprise's good and badonly index more and more too, can't only rely on the profit flow table and balance sheetto judge the assets management of enterprises and financial operation conditions, andshould combine enterprise's cash flow state, carry on deeper analysis, someone hasproposed the view of "the cash is the highest" too. Cash flow information foreigndepartment message use the subject to be of great importance not merely, andmanagement there is a loud in weight meaning to company. Several years ago on Asianfinancial crisis bankrupt enterprise investment structure is the out-of-balance structureof raising funds mostly, thus cause cash circultation to present the crisis and be driven tothe last ditch.In view of between people and concern, cash flow of information, 1987 criterioncommittee, financial accounting of U.S.A., (FASB) is it substitute cash flow statementfinancial situation change form to stipulate, International Accounting Standardcommittee released the announcement substituting the change form of the financialsituation with the cash flow statement in 1992, propose carrying out January 1, 1994.The Ministry of Finance of our country issued" accounting criterion-the cash flowstatement of enterprise " in March of 1998 too, stipulated every enterprise worked outthe cash flow statement per year since 1998, and revised this criterion in 2001.This text pass to present listing real estate enterprise cash flow analysis ofmanaging current situation, manage from the business activities cash flow, investmentactivity cash flow management with fund-raising activity cash flow manage there aren'trespect of three pieces, set up the early warning model of enterprise's financial affairs ofreal estate based on cash flow at the same time, expect real estate enterprise can keepfund security, benign circulation of chain.