Management of Weakly Positioned Enterprises: Financial Management

Author: Ren Shumei
Publisher:
Publish Date: 2005-01-01
Features: Management of Weak Enterprises: Financial Management
Financial management is a new, comprehensive applied discipline that has been separated from the financial accounting system. It has a relatively independent yet relatively complete theoretical and methodological system. Based on modern management science and aimed at improving the economic benefits of enterprises, it uses a series of specialized methods to organize, calculate, compare, and analyze data provided by financial accounting and other relevant information. This system enables to plan and control all daily economic activities and assists leadership in making various specialized decisions. Currently, financial management is presenting a brand new face in the broad field of modern enterprise management. The main content of financial management involves three aspects.