How does the unit head review the financial accounting statements

Author: Bao Xuezeng
Publisher:
Publish Date: 2002-02-01
Features: As plant managers or managers of enterprises, it is not in line with the development requirements of the socialist market economy to regard financial issues as outside expertise. They should at least be able to understand the balance sheet, income statement, and cash flow statement. The purpose of writing this book is to use simple and easy-to-understand language to help plant managers and managers understand these financial statements, thereby improving their financial management knowledge. The last section of this book introduces examples of how to prepare the cash flow statement, aiming to assist them in quickly mastering the preparation skills and performing accounting work.
Since the reform and opening-up, China's economy has developed rapidly. However, as it continues to grow, the requirements of the Party and the government for economic workers have become increasingly high. We can no longer continue with extensive management methods. Therefore, plant managers and managers must understand operations and be skilled in management, with a particular focus on mastering financial management. Even if they cannot achieve expertise in financial management, they must master the basic skills of reading and analyzing financial reports. Through reading and analyzing financial reports, they can identify problems in the enterprise, improve production and operational management, and drive the enterprise forward to create better economic efficiency.
As plant managers or managers of enterprises, it is not in line with the development requirements of the socialist market economy to regard financial issues as outside expertise. They should at least be able to understand the balance sheet, income statement, and cash flow statement. The purpose of writing this book is to use simple and easy-to-understand language to help plant managers and managers understand these financial statements, thereby improving their financial management knowledge.
Due to the significant difficulty in preparing the cash flow statement, some accounting workers may feel hesitant. In reality, as long as they are willing to learn, it is not difficult to master. The last section of this book introduces examples of how to prepare the cash flow statement, aiming to assist them in quickly mastering the preparation skills and performing accounting work.