The financial department involved in decision-making

On the basis of traditional accounting, the finance department will play an important role in the economic forecasting of the project.

  Its trademark label is that more and more chief accountants have entered the decision-making level of enterprises, and have more and more has the voice over investment and divestment. How to make investment decisions to ensure maximum investment benefits? The premise is the overall analysis of the industry and the judgment of future trends. Financial personnel no longer just play the role of accounting, but use a multi-dimensional approach to analyze and calculate the relevant economic and social benefits of investment. For example, when Angel Yeast joint stock company invested and set up a factory in Chongzuo, Guangxi, the financial department made relevant economic forecasts for the recycling of waste and waste gas generated by production activities, not only from the financial indicators of the enterprise, but also from the perspective of social benefits. The conclusion is that the recycling of waste and waste gas is beneficial to the enterprise and society, but the one-time investment is relatively large. Therefore, the financial department's suggestion is that the project should be launched, and the expected results have been achieved.

  The timely securitization of assets is an effective way to revitalize funds, especially for projects with stable long-term capital recovery but long recovery period. The use of appropriate methods can avoid the long-term occupation of funds. For assets that cannot be effectively used, the financial department can use financial analysis methods on the basis of the analysis of the business department, and give suggestions for better use or disposal at present.