Working Capital Management Study A Industrial Group Limited

The enterprise, its internal management’s core is the administration of the fund. Looking from the entire enterprise total assets’angle, the working capital holds the very great proportion, it in the business capital is the most active element. Therefore, to working capital management appropriate or not direct relation business economic benefit quality, will affect enterprise’s survival and the development. A Group implements the system ensemble to fall this measure every year, implements the cost revoke settling of accounts, to compel but actually, inspects severely, digests year after year large amount reduces the favorable factor. This enhanced economic efficiency oneself from a side concentrated reflection to become the enterprise to be most important and the most urgent duty.This article utilizes the related financial control knowledge and the management science theory, take the home corresponding profession enterprise as the comparison object, uses investigates and studies on the spot, compared to analyzes and so on methods, from the working capital essential factor’s function and working capital’s constitution angle, mainly take launches the elaboration to the enterprise current assets analysis as the master line, the question which and the reason exists in the working capital management process carries on the analysis to a Group, based on this, carries on the further analysis to the related working capital management idea for the core working capital management plan in a Group’s application.The specific analysis of ideas by analyzing the concept and characteristics of the working capital management, enterprise groups, and working capital management on enterprise development an important role. And analysis of domestic and international working capital management, enterprise groups. A company in the management of working capital in-depth analysis. On this basis, given the specific implementation measures A company working capital management.This article main utilization following two methods:1st, system analysis method. This is in conducts the analytical study to the working capital management’s correlation theories and the literature in the foundation, the theory and the practice unify, has conducted the research systematically to the business finance management system and the fund centralized management’s correlation theories and the pattern.2nd, case analytic method. After conducting the comparison system’s fundamental research, mainly utilized the theory which and the viewpoint this article elaborated to a Group financial control pattern and the internal accounts settlement center sets up has conducted the thorough research and the analysis.On the basis of the correlation analysis from the seven basic aspects A Group Company effective working capital management method:First, the implementation of financial control, financial officers, effective arrangements; second, to unify its various subsidiaries and branch offices account management and settlement, account management and billing methods make uniform provisions; third, the financial and accounting system of the unified head office and branch, to achieve a system of unified docking; Fourth, budget management, to take a relatively scientific and reasonable budget presentation, Group Internal Audit in advance, in the matter, after the audit of the combination; sixth, the establishment of the settlement center of the group companies, the internal accounts of the President Group; seventh to zero working capital concept to guide the management of working capital.