Research On Financial Management Optimization Of Huanong Seed Company, Public Listed In The NEEQ

This paper studies the standardiz ation of financial management of the new three-board planned listed enterprises,which originates from the irregularit y of financial management of the new three-board planned listed enterprises in the process of listing rev iew in recent years.W ith the gradual maturit y of the new third board mark et and the increasingl y stringent listing review and follow-up supervision,these non-standard issues have graduall y become an important obstacle for companies to appl y for listing.According to statistics,the passing rate in the first half of 2017 was 86 %,61% in the second half,52% in the first half of 2018 and 46% in the second half.In addition,583 new listed companies and 1529 delisted companies were added in 2018.In the feed back of listing,the C R IC mainl y focused on three aspects: financial and a ccounting standards,compan y operating standards and sustained profitability.This is enough for the planned listed companies to attach importance to the standardization of pre-listi ng financial management.Huanong S eed C ompan y is a seed compan y to be list ed.This paper chooses Huanong S eed Compan y as a case enterprise,and takes its current financial management s ystem and the actual demand of preparing for listing on the new third bo ard as the research starting point.Through literature search and case ana lysis,this paper studies the compan y's finance in four aspects: accounting,customer management,fund management and internal control.The problem of non-standard affairs management is full y described and anal yz ed.It is concluded that the four non-standard problems in financial management of Huanong Seed Compan y will seriousl y affect the listing work,which should be standardiz ed before the listing.Firstl y,the methods of estimatin g the estimated settlement price and the estimated return rate in the acco unting treatment of seed companies' income recognition are determined.Then,the methods of income recognition are standardiz ed according to the accounting standards of enterprises an d other listed companies in the same industr y.S econdl y,the goal of custo mer restructuring is determined and the customer structure is adjusted step by step.At the same time,the reliabilit y of accounting information related to individual customer busine ss is improved.Thirdl y,the proportion of personal card receipts should b e strictl y limited and internal control of personal card receipts should be strengthened.Finall y,we should establish and improve the internal control management organiz ation,stand ardiz e the operation of the organiz ation,and optimiz e the internal contro l business process.At present,there are still some deficiencies in the research on standardization of financial management of seed companies' planned listing enterprises in China,such as specific accounting treatment methods for revenue recognition,standardization of personal customer management,standardization of personal card receipt management of employees and standardization of internal control of seed companies.This study de eply analyzed the standardization of financial management of seed companie s before the new three-board listing.The problems and corresponding solutions enrich the standardization theory of financial management,and also have a reference for the standardization practice of the seed companies to be listed.