Research On The Construction Of Financial Management System For Tobacco Commercial Enterprises

Since the national policy has always followed the monopoly system for tobacco industry,the monopoly position of the Chinese tobacco industry brought it high taxes and high profits.As the main source of state revenue,the tobacco commercial enterprises made tremendous contributions to the national revenue.As an important pillar enterprise of the national economy,the construction of the financial management system of tobacco commercial enterprises has a very important influence on the overall management of the enterprise.China’s tobacco industry developed rapidly and the reform deepened,as an important part of business management,financial management should be reformed,from the system improvment to the process refining and points innovation,from both horizontal and vertical aspects to organize cooperation which will help promote the tobacco industry financial management develop with standardization.So strengthen financial management is conducive to improving the rational allocation of tobacco companies and the use of funds to ensure the accumulation and growth of national income.However,with the deepening reform in the tobacco industry,the problems existing in the financial management of tobacco commercial enterprises in our country have become increasingly prominent.In face of the intricate internal and external environment,the cigarette market has not been able to withstand risks and the financial management methods can not meet the needs of the company’s operation and development needs,also the other issues need to be resolved.In order to meet the needs of the current market economy and the inherent reform and development in the industry,it is necessary to establish and improve the financial management system applicable to the modernization of tobacco business enterprises.This paper takes H Tobacco Company as an example,discusses the construction of the financial management system of H Tobacco Company based on the theory of organization,agency and game theory.This paper analyzes the current status and existing problems of H tobacco company’s current financial management.According to the current financial status of H tobacco company and the related factors such as the particularity of the tobacco industry and geographical differences.From the various aspects of the financial management such as production and operation,investment and financing management,profit distribution and so on,this article discusses the overall goal,establishment method and content of the financial management system construction of H Tobacco Company.Through the establishment of a financial management system applicable to H Tobacco Company,it integrates all aspects of financial resources such as enterprise accounting management,budget management,state-owned assets management,capital management,financial analysis,supervision and evaluation.To mobilize the enthusiasm of the Company in financial work,to strengthen the financial performance management of tobacco companies and to enhance their motivation for future development that will have far-reaching significance in raising the level of operation and management of enterprises.