Financial Normative Research About Company H To Be Listed On The NEEQ

After National Equities Exchange and Quotations(NEEQ)was issued by the State Council on December 2013,NEEQ becomes part of the national stock exchange,which has formed the new multi-level capital market system,together with the main board,small and medium board and gem,and has become an important part of China's capital market.With the expansion of NEEQ to the whole country,more and more SMEs are able to enter the capital market for direct financing.The company's number of NEEQ has increased dramatically,especially in 2015 and 2016.However,after experiencing rapid development,the supervision of NEEQ is also more stringent,resulting in the difficulty of NEEQ listing threshold.Although the enthusiasm of small and medium-sized enterprises in the NEEQ listing financing has not diminished,viewing from the situation of the growth of the company of NEEQ successfully listed in 2017,the difficulty of NEEQ listing is also increasing.At the same time,in the development of SMEs in China,there exists the phenomenon of "heavy management and light management".Thus,the problems in financial norms also become obstacles to the successful listing on the NEEQ.Therefore,small and medium-sized enterprises should begin to carry out financial regulations when preparing at the NEEQ launch stage,and solving financial problems thoroughly and completely is of great practical and theoretical significance.This paper selects a manufacturing company that plan to list on the NEEQ as the case study subject.Combined with the NEEQ's listing requirements and the relevant theoretical knowledge of financial regulation,this paper analyzes the financial situation of H company.Through the analysis,the author found that there exists financial problems in the H company before applying for listing.These problems mainly include the weak financial awareness of the managers and the low comprehensive quality of the financial personnel;the improper setting of accounting posts and the unclear power and responsibilities in the company;the financial personnel are not professional in the accounting treatment,the VAT management is defective,and the accounting information of the company is outdated;the related parties occupy the funds,the financial related system and the internal control system is not perfect.According to the problems existing in H company,this paper puts forward some suggestions for improvement: improve the awareness of financial standards,strengthen the importance of the financial work and reinforce the professional training of financial personnel,strengthen the management of accounting basis and consummate the responsibility of the accounting posts,allocate the financial personnel reasonably,standardize accounting and communicate with the tax bureau to make up the tax payment,optimize the accounting information management system;strengthen financial management,clean up the funds taken up by related parties,establish a standardized financial system,set up and perfect the internal control system.