Enterprise financial management

Author: Song Xianzhong
Publisher:
Publish Date: 2005-10-01
Features: This book embodies the following characteristics:
(1) Combination of Inheritance and Development. In this series of textbooks, we have fully inherited the advantages and features of the and stage textbook systems while making significant modifications to the textbook system and content. The names of some textbooks have also been changed. The purpose is to better adapt to the new economic environment and meet students' needs for acquiring more knowledge.
(2) Independence and Compatibility between Accounting and Finance. With the growing maturity of China's capital market and the increasing standardization of corporate management, the role and importance of financial management have become increasingly prominent. The Ministry of Education has separated financial management from accounting, establishing it as a new major. This major is distinct from accounting as a discipline, with certain differences in teaching content, but the two share a degree of compatibility. Therefore, we have appropriately separated them in the design of the textbook system.
(3) Emphasis on Both Theory and Practice. Accounting and finance are disciplines of economic management with strong practicality. The textbook explains the basic methods and skills of these two subjects by clarifying theoretical concepts and designing necessary examples, adopting case-based teaching to cultivate students' practical abilities.
(4) Integration of Localization and Internationalization. With China's entry into the WTO, the integration of China's economy into the global economic system is an irreversible trend, and accounting internationalization and management internationalization are also inevitable. This textbook system fully draws on international standards, absorbs the strengths of Western textbooks, and learns from effective foreign experiences and methods that can be applied. At the same time, we fully recognize that Chinese accounting and financial management have their own characteristics, which should be reflected in our textbooks, striving to achieve a balance between localization and internationalization. Establishing a modern enterprise system and making enterprises truly become economic entities with clear property rights, defined responsibilities, separation of government and enterprises, and scientific management are the goals of China's enterprise reform. We believe that enterprise management should be guided by financial management, and strengthening financial management is the basic prerequisite for achieving scientific enterprise management. Financial management plays a comprehensive role in enterprise management, and every management decision leaves the imprint of financial management. Financial management is like a "frame"—once the frame is set, the details will fall into place. Grasping financial management means grasping the "key" of enterprise management.
The content of this book includes: Overview of Financial Management, Forms of Business Organization and Financial Management Environment, Value Concepts in Financial Management, Overview of Financing, Short-Term Financing, Equity Financing, Corporate Bond Financing, Term Loans and Lease Financing, etc.