Study On Cost And Expense Management In GX Securities Department

After nearly 30 years of development,China's stock market has developed into an important part of China's modern financial system.China's securities market scale is expanding,market activity is increasing,the main board,small and medium-sized board,gem board,new third board and regional equity market and other multi-level capital market system has been initially established and constantly improved,the continuous improvement of market supervision makes China's securities market gradually into a benign development track,and plays an increasingly important role in China's economic environment.Recently,due to a series of factors such as the trade war between China and the United States,the regulation of the real estate market and the strict regulation policy of securities,the development of securities companies is facing increasing competitive pressure.Under the influence of this background,the development of the business department of securities companies has gradually changed from the traditional high-cost investment and high-return development model to a low profit or even a loss,and the industry competition is increasingly fierce,followed by a sharp reduction of profit space,and the cost has become one of the core competitiveness.Strengthening cost management plays an increasingly critical role in management decisions,and the level of cost control directly affects the realization of the company's development strategy.Taking GX securities department as an example,this paper expounds the current situation and problems of its cost and expense management:The rate of cost and expense is increasing year by year;High labor costs;Business entertainment expenses grow fast but the effect is not obvious;Insufficient cost control of lease cost and decoration project cost.The paper summarizes the causes of the existing problems in the current cost and expense management system:the overall budget management system design or poor implementation leads to unscientific cost and expense budgeting,poor control in the process of budget implementation,and poor post-analysis and assessment.Lack of organization and staff participation in cost and expense management;The relevant system is not sound;The personnel management mechanism has defects and the staff turnover is large;Management and staff cost management consciousness is weak.Starting from the existing problems and incentives in the cost and expense management of GX securities department,the corresponding countermeasures are put forward:to improve the overall budget management operation system,that is,to enhance the scientificalness of the cost and expense budget preparation,to improve the cost and expense budget implementation and control mechanism,to improve the cost and expense post-evaluation mechanism;Enhance the organization and full participation of cost management;To establish and improve system guarantee;Reform of personnel mechanism;Enhance the awareness of cost and expense management,and build the execution culture of enterprise operation.