How to strengthen the awareness of legal compliance and strengthen the control of financial expenses

how to strengthen the awareness of compliance with the law and financial expenses control

To strengthen the awareness of compliance with the law, we can:

1. Frequently publicize

2. Distribute relevant materials

3. Hang propaganda slogans in the environment

4. Formulate rules and regulations

5. Put the responsibilities in place

6. Formulate inspection plans and take corrective actions when problems are found.

To strengthen financial management, we need to start from the following aspects:

1. Change the concept and realize the innovation of financial management mode

We attach great importance to financial management ideologically, and establish the consciousness that enterprise management is centered on financial management. Only by updating the concept of financial management in all directions can enterprises win a place in the fierce international competition. We should establish a scientific concept of financial management, formulate correct financial management objectives, and realize the refinement of financial management. To achieve fine financial management, we should start from the details and be meticulous in the process of financial management, and penetrate financial management into all production and operation fields of enterprises, strengthen financial services and management functions by exercising financial supervision functions, fully tap the potential value of financial management, guide the healthy development of enterprise business activities, and maximize economic benefits and enterprise value.

2. Improve the quality of financial managers

(1) Financial managers should pay attention to the improvement of their own quality. With the continuous development of market economy, enterprises will encounter many new situations and problems. Financial managers need to have solid basic skills, rich financial management knowledge and advanced financial management concepts. Only in this way can they adapt to the requirements of the financial management system in the era of knowledge economy. First of all, financial personnel should have a solid economic and accounting theoretical foundation, be proficient in accounting professional knowledge, be able to make use of their own advantages, flexibly use modern financial management methods, analyze from economic, legal and other angles, and formulate corresponding financial management strategies; Secondly, with the informationization of enterprise financial management, computer financial management is closely combined with computer technology and information technology, which puts forward higher requirements for the quality of enterprise financial personnel, and financial managers need to master more computer information technology knowledge.

(2) Enterprises should pay attention to the training and improvement of financial management personnel, provide necessary learning opportunities and conditions for financial personnel, constantly innovate education and training methods, and carry out various adaptive trainings in a planned way to improve the efficiency of financial management. We should often organize on-the-job training for financial managers to learn knowledge related to financial work, broaden our knowledge, broaden our horizons and broaden our thinking, and constantly improve our business in order to better adapt to the complex and changing market economy environment; We must combine ideological education with professional work, advocate good accounting professional ethics and strictly implement the financial system; To train the team spirit of financial personnel, it is also necessary to cultivate the sense of ownership, innovation and execution of financial personnel. At the same time, with the pace of financial management informatization, we should also strengthen the training of financial personnel's computer ability to meet the requirements of the new situation.

3. Improve the informatization level of financial management

Implement the informatization management of financial management, improve the informatization management level, and correctly handle the relationship between financial management and accounting. Establish an accounting information system, make full use of information resources to serve enterprise decision-making, guide enterprise production and business activities, and ensure the realization of enterprise business objectives. Based on scientific and efficient accounting, focusing on financial management to maximize enterprise value, we should strengthen financial management while doing a good job in accounting and give full play to its functions and functions. The financial department establishes a financial management information network, collects, sorts out and feeds back financial information, and uses a set of complete programs to give full play to the central role of financial management in enterprise management.

pay full attention to the security of financial management system. Follow different safety management objectives at different stages of system construction and implementation, fully consider the actual situation of the enterprise, and improve it step by step in a reasonable way at the right time to ensure the integrity and safety of the enterprise management system, and ensure the uninterrupted financial management business and high security of the data. Maintain the security of the system from management, establish an information security management organization and feasible network management rules and regulations, strengthen the education and training of information security awareness, improve the quality of financial personnel, especially the security awareness of senior managers, to ensure the security of network information. How to strengthen fund management and reduce financial expenses

1. Do a good job in the comprehensive budget of funds and strictly check and approve the system of funds

Enterprises should establish and improve the comprehensive budget system according to the development strategy and annual production and operation plan, comprehensively consider economic policies, market environment and other factors during the budget period, and prepare the annual comprehensive budget according to the program of combining up and down, compiling at different levels and summarizing step by step. After the annual comprehensive budget audit is passed, the budget indicators will be decomposed layer by layer, and implemented to all departments, links and positions from horizontal and vertical, forming an all-round budget implementation system. On this basis, the annual budget is refined to quarterly and monthly. Enterprises should strengthen the management of budget execution, make clear the budget rigidity and strictly implement the budget. Enterprises should scientifically determine the strategic objectives and planning of investment and financing, establish and improve relevant management systems such as fund authorization, approval and audit, and strictly implement them. Do a good job in the scheduling of funds, strengthen the unified management, unified scheduling and unified balance of funds, make the inflow, outflow and turnover of funds coordinated in time and amount, highlight key points, make the management and use of funds relatively centralized and prevent dispersion. Balance the production of operational income and production and operating expenses every month, find out the source of non-production operational income, strictly control non-production and operating expenses, and all departments of the enterprise declare the capital plan and financial audit the capital plan every month to make statistics on the inflow and outflow of funds during the budget period. Combined with the inflow and outflow of funds, the financial department will finally summarize and measure the surplus and gap of funds, and make reasonable arrangements for the use of funds and financing from banks.

second, strengthen cash management and improve the rate of return on funds

cash refers to funds that temporarily stay in monetary form during the production process, including cash on hand, bank deposits, cashier's checks and bank drafts. Cash is a non-profit asset with the strongest liquidity. The process of cash management is a process of weighing and choosing between cash liquidity and profitability. Its purpose is to reduce the amount of idle cash and improve the rate of return on funds while ensuring the cash needs of enterprises. Enterprises hold a certain amount of cash mainly for trading motives, preventive motives and speculative motives. At the same time, enterprises should control the cash cost and determine the best cash holdings. Another aspect of cash management is how to use cash. Enterprises should delay the payment period of accounts payable as much as possible according to the principle of balancing risks and benefits without affecting their reputation. Communicate and coordinate the loan funds raised in the bank with the bank, and try to lend on Monday to reduce the loan interest on Saturday and Sunday. In cash management, we should also pay attention to the management of accounts, and clean up accounts that have not been used for a long time to prevent accounts from being "scattered and chaotic", resulting in scattered and out-of-control funds. On the other hand, idle cash in a certain period can make inquiries from banks, make low-risk and high-yield wealth management products and entrust banks to lend money on the premise of maintaining the funds needed for normal production and operation of enterprises, or use holidays to make 7-day notice deposits and make agreement deposits with banks to improve the efficiency of fund use. Clean up and realize idle assets such as waste devices and materials, revitalize assets and improve the rate of return on funds.

3. Compressing accounts receivable to reduce the risk of bad debt losses

Accounts receivable refer to the money that an enterprise collects from units that purchase goods or accept labor services for selling products, materials and providing labor services on credit. Enterprises will pay a certain price for holding accounts receivable, including opportunity cost, management cost and bad debt cost, while promoting sales and reducing inventory by means of credit sales, but at the same time, they will also generate certain benefits from sales. The more accounts receivable, the more funds are occupied, and the lower the rate of fund withdrawal. Under the current situation that the social credit system is not very good, the probability of bad debts is still high. Enterprises should improve the accounts receivable management system, strictly assess and implement rewards and punishments. The sales department is responsible for the collection of accounts receivable, and the collection records (including correspondence and telegrams) should be properly stored; The financial department is responsible for the settlement of funds and supervising the recovery of funds. Enterprises should strengthen the management of commercial bills, clarify the scope of acceptance of commercial bills, strictly examine the authenticity and legality of commercial bills, and prevent bill fraud. At the same time, enterprises should strengthen the accounting system control of sales, delivery and collection business, and should designate special personnel to check accounts receivable, notes receivable, accounts received in advance and other current accounts with customers regularly. Through the management measures of accounts receivable, mainly including accounts receivable tracking analysis, accounts receivable aging analysis, accounts receivable cash rate analysis and the establishment of accounts receivable bad debt preparation system and enterprise credit management system, and by improving the quality of enterprise products, the incidence of bad debts and the risk of bad debt losses are reduced.

4. Reduce inventory and speed up capital turnover

Inventory refers to finished products or commodities held by enterprises in their daily activities for sale, products in the process of production, materials and materials consumed in the process of production or provision of labor services, etc. An enterprise has sufficient inventory, which is not only conducive to the smooth progress of the production process, saving procurement costs and production time, but also able to quickly meet the needs of customers for various orders, thus providing greater flexibility for the production and sales of enterprises and avoiding the opportunity cost caused by insufficient inventory. However, the increase of inventory will inevitably occupy more funds, which will make enterprises pay more holding costs, and enterprises must also bear the necessary storage costs and possible price reduction risks. Therefore, reducing unreasonable inventory capital occupation can play a better role in improving the efficiency of enterprise capital use. Enterprises should control unreasonable inventory, strive to reduce inventory costs and accelerate capital turnover.

V. Strengthening fund management in procurement and production process

In general, raw material procurement accounts for 3%-4% of production and operating expenses. Therefore, the stock of materials procurement funds directly affects the turnover rate of enterprise reserve funds and the efficiency of fund use. Under the overall planning of funds, we should start with the reserve funds, strictly control the procurement, shop around, establish a long-term strategic cooperative relationship with qualified suppliers, pay the suppliers by installment or by using the customer's bank acceptance bill accepted by selling goods, reduce the cash occupation, and lock the forward exchange rate for the foreign exchange payment of imported raw materials, so as to carry out arbitrage variety settlement and save financial expenses. Secondly, we should consider the purchase time and quantity, arrange the purchase funds according to the production and operation needs, realize the authorized disclosure of information such as purchase plan, purchase price, suppliers and purchase quantity through ERP system, and strictly control the funds. In addition, make arrangements for the payment of water, electricity, steam, wages and other funds in the production process, control the payment rhythm according to the production operation process, manage the funds well, and improve the efficiency of fund use.

VI. Strengthening the management of internal and external investment and financing to ensure the safety of funds

Problems of internal and external investment and financing guarantee will inevitably occur in the production and operation process of enterprises. In this process, enterprises should not only make scientific plans for long-term development, but also always establish the awareness of safety precautions, and establish the import and export, transfer and internal turnover of funds under strict control according to the requirements of "three majors and one big project". Establish internal and external investment and financing management system, financial audit and approval system, research and development expense management system and project contract review system, use computer information technology to monitor the flow of each fund in real time, and use the system to ensure the safe use of funds. The safe and effective execution of funds is an important basis for improving the efficiency of capital use in enterprises.

A healthy enterprise can always do one thing actively in its own development process: improve the quality of enterprise execution and ensure the smooth execution of funds. In this process, we need to brainstorm, carefully calculate and use various means to reduce financial expenses, improve the efficiency of capital use, and at the same time keep enterprise funds in a safe and controlled state. This is the core of enterprise financial management and the top priority of enterprise management. How to Strengthen Compliance Management and Strengthen the Construction of Compliance Culture

Over the years, illegal cases have occurred in banks, which has adversely affected the reputation and social image of banks. The common problem exposed in most cases is "nine violations in ten cases". The lesson of blood tells us that it is not that there are no perfect rules and regulations, but that many employees often fail to follow the rules and regulations, and their internal control execution is not strong, and they are careless about their work and take risks lightly. Many cases tell us that ten years' safe operation can't stand one-time safety accident. A case, all performance will be zero, even for several years. So the case risk is the biggest risk. At present, some employees who are not aware of compliance, system, responsibility, risk and self-protection do exist, and phenomena such as lack of spirit, lack of initiative, low professional quality and variation of value orientation are also revealed from time to time. It can be seen that it is particularly important to strengthen the construction of compliance culture and establish a long-term mechanism for case prevention.

the so-called compliance culture, as its name implies, means that everything conforms to the rules and common sense, and refers to an atmosphere and mechanism in which all personnel actively abide by various rules and regulations and consciously safeguard the effectiveness and authority of the rules.

I. the significance of strengthening the construction of compliance culture (I) is the need for the Bank to adapt to external regulatory requirements

In recent years, the procedures of the Bank's governance according to law have been significantly accelerated, and the supervision of the superior bank, the banking regulatory bureau and other departments has become increasingly standardized, comprehensive and strict. This puts forward higher requirements for compliance management in our industry. Especially in the last two years, the practice of "Year of Compliance Construction" and "Year of Compliance Management" carried out by the Banking Regulatory Bureau shows that the content of compliance management has been included in the agenda of regulatory agencies. This requires us to establish a set of professional behavior norms and methods to effectively manage all kinds of risks, and consciously form a strong compliance culture within the Bank.

(II) is the core of the bank's system execution.

There are only two points to improve the system execution: First, strengthen the handling of violations and form a high-pressure situation to severely crack down on violations; The second is to cultivate a compliance culture. Through the formation of a compliance culture, employees will change from passive compliance to active compliance and create a good atmosphere for everyone to comply. Judging from the effects of these two approaches, the first one is the solution to the symptoms, while the second one is the cure. Therefore, we should strive to cultivate a compliance culture.

(3) is a powerful weapon to protect employees' vital interests

When problems are found in some outlets, some people always think it is trivial, and they are resistant and rebellious to punishment. In fact, this is a kind of goodwill protection for everyone, because the shocking case is not made in violation of the rules but in human feelings and habits. A small number of employees were put into prison for greed and illegal operation, which not only brought their reputation to ruin, but also brought endless pain to colleagues and family members, causing huge losses to banks and the country. While they regretted it, they also blamed "why didn't anyone help them in the first place?" If everyone had followed the rules, the tragedy would not have happened. Second, how to strengthen the construction of compliance culture (1) leaders attach importance to and take the lead in setting an example

leaders set an example.