Study On Financial Control System Of M Corporation

The healthy and orderly development of economy calls for enterprises to strengthen their financial control. With the increasingly complex market environment, the enterprises suffer from more and more loss because of financial control failure and more business owner gradually began to realize the importance of financial control. Financial management is the core of enterprise management and financial control is an important part of financial management, it is the key link of corporate governance and management. So whether the financial control system is perfect and effective or not is an important factor in determining the overall management level of an enterprise level, it directly affects the operation efficiency and the economic benefits of the enterprises, it also related to the long-term development of enterprises. Nowadays, with the development of information technology application being used more and more widely, the simple financial control system already can not adapt to the complex and changeable information environment, may bring to the enterprise financial risk or even bankruptcy. Therefore the enterprise needs to continue to optimize the financial control system, adjusts the focus of financial control, uses advanced financial control mode and method, improves the financial control level in order to enhance the overall and core competence of Corporation with many ways above. So it is necessary to improve and perfect the financial control system.The paper uses the typical "status, question and measures" structure with the financial control elements being the main line. It take the analysis of the key link of financial control of M company as the main part, finding out the possible problems exsiting in each process of M company’s financial control and the negative impact caused by the production and operation of the company. Based on the analysis of M company’s financial control questions, the paper found out M company’s root causes of financial control problems. On this basis, the paper will find out the feasible scheme to improve and perfect the financial control system of M company by the ways as follows:attempting to build the financial control environment, regulating the financial operation process, paying attention to financial audit supervision, establishing incentive and restraint mechanism, strengthening the information communication and so on. Through the design and optimization of M company’s financial control system and standardization of the financial behavior, the paper will help M company to form the specific measures to resolve the financial control risk, guarding against all kinds of financial risks and vulnerabilities to improve the company’s financial management capabilities in order to ultimately gain the purpose of improving the competitiveness of M company.The paper analyzed the causes of the problem of financial control of M company with problems analysis mainly from the financial control environment and financial control process two aspects and with emphasized analysis on that the corporate governance structure is perfect, the financial audit supervision is not in place and other aspects. The article, in the reconstruction and perfection of financial control system, makes specific requirements for the financial control goal of the company; in the construction of the specific system, improves and perfects contents and methods of the process, and recontructs the index system of financial control. So the paper makes the financial control goal of M company more clear, system more reasonable and effective evaluation more convenient.