Research on Innovation of SMEs Financial Management from the Perspective of Internal Control
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DOI: 10.25236/icemeet.2021.066
Corresponding Author
Xiyu Wang
Abstract
Market competition is becoming increasingly fierce, and the environment for survival and development of small and medium-sized enterprises is becoming increasingly complex. Financial management is an indispensable part of enterprise production and operation. At the same time, the effectiveness of enterprise financial management provides a good environment for the implementation of internal control systems. In this context, it is particularly important to innovate financial management models, build a sound internal control mechanism, improve financial management levels, and reduce corporate risks. This article combs the related concepts of internal control, the relationship between internal control and financial management, and analyzes the problems and countermeasures in the financial management of small and medium-sized enterprises from the perspective of internal control.
Keywords
Internal control, SMEs, Financial management