Group Financial Control Theory To Explore

Corporation collectivizing is the basic sign of development level of market economy. Now corporation groups in China, which are developing into growth period and mature period as China economic reform continues steadily, are under restructuring. The restructuring is crucial to corporation groups development. This paper discusses the researches on standardization of financial controls, the changes of financial controls caused by application of computer network, the deficiencies of financial control environment, goals and tactics, the Accounting Law and other law instruments, proposes importance of corporation groups based on contracts financial controls and analyzes related legal issues. The article is of theoretical and practical significance for reform and development of state-owned enterprises and state holding corporations, as market economy still needs to be greatly improved in China.