Financial management concept

Socialist industrial enterprise financial management, is the various forms of funding, distribution and use of enterprise production and management activities needed to plan, organize, regulate, and supervise the general term for accounting work. The task of financial management is to determine the minimum amount of capital necessary for the production and operation of the enterprise in accordance with the production tasks of the enterprise and the principle of saving the use of funds, actively raise and supply the funds needed by the enterprise, and take effective measures. Accelerate the turnover of funds to promote the development of production; supervise whether the payment of various funds for the production and operation activities of enterprises is reasonable, whether it has achieved certain economic benefits, whether to abide by national policies and regulations, financial systems and financial and economic laws, in order to safeguard state property. Integrity; conscientiously implement the state's distribution policies and relevant regulations, do a good job in the distribution of corporate sales revenue, and pay taxes and profits to the state in full and on time.

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