Financing Normative Research Of A Company Before Entering The New Third Board Market

December 14 th 2013, the State Council issued a document made it clear that the new third board became a national securities exchange, marking the new third board expanse to the whole country. The expansion of the new third board made more and more small and medium-sized enterprises(SMEs) to access capital markets for direct financing, as of March 2015, there were already 2139 listed companies in the new third board market, the total equity amounted to 91.4 billion shares. On the one hand, the new third board improve the country’s capital market to form a multi-level capital market. On the other hand, through price discovery, the introduction of venture capital, bank loans and other financing methods, the ability of the listed companies is enhanced. At the same time, through standardized operation, appropriate information disclosure, regulatory and other relevant departments, governance structure of listed companies and familiarity with the capital markets has been promoted. The new third board puts forward some requirements for listed companies. For SMEs, because of its formation and management features, the financial norms problem is difficulty in the listing process, and therefore, in preparation for the new third board listing, solving the existing financial problems of corporate thoroughly and completely is of great importance.Paper selects a company which is preparing to enter the new third board as the research object. This paper using the theory of financial management and accounting to analyze A company’s financial status and problems comprehensively and systematically. After analyzing the problem, the problems are solved properly.Firstly, this text introduce the research background and significance, describe the new third board market situation, and then overview the theory of related capital market and literature in detail, at last illustrate the content and research methods.Secondly, according to the current situation of A Company, this text analyzes the company’s financial statement and identify the financial problems that the company exists currently, including the ownership structure, organizational structure, corporate governance, accounting and sustainable management capabilities. Then according to requirements of the new third board, the paper focus the basis of accounting, connected transactions, financial planning and tax.Finally, according to content of A Company, the company’s financial safeguards are put forward. Therefore, overall business and governance of A company can be implemented. It can promote and regulate the operation of the company in the future.By analyzing the problems found in A Company: A company’s internal control system is not standardized and low enforcement; significant connected transactions; accounting system is not standard, accounting policy management is imperfect; in terms of tax administration, A company did not establish relevant system. These issues make A company cannot reach the requirements of the new third board, so combining A company’s specific situation, this paper presents the financial norms of the program and the corresponding security measures, including: improving the corporate governance structure; standardizing accounting foundation work; cleaning up connected transaction; making reasonable financial planning; establishing initial tax management system; training the company’s financial team. The contents is useful for the A company to achieve the new third board successfully and is of great significance for the company’s future operations, and has certain reference value for companies which is preparing to enter the new third board in the future.