experience of financial management training article 1 The one-week financial management training is over, and this week's practice makes me deeply feel the great difference between theory and practice. I thought I had learned the course of financial management well, but when I simulated it in a real working environment, I felt powerless. A lot of data, business and analysis are totally unexpected. Although some of them can be solved by using the theoretical knowledge learned, they are not as simple and smooth as imagined in many cases. The whole training includes the following parts: 1. Financial analysis report: In the financial analysis report, it includes three aspects: horizontal analysis, vertical analysis and financial efficiency index analysis. Horizontal analysis is to analyze the historical data of statements for two consecutive years, compare the horizontal data, and analyze the changes of enterprise management through the difference amount and difference rate. Vertical analysis is to analyze the historical data of statements for two consecutive years, see the influence of each project on total assets through vertical relative indicators, and then compare the differences between the two years' data through the differences to get the differences and trends of enterprise operating conditions. Financial efficiency indicators, through the analysis of the solvency, operational capacity, profitability and growth capacity of the enterprise for two years, get the ability of the enterprise in all aspects. Although there are some misunderstandings in these indicators, we can also learn a lot about the actual situation of the enterprise to a certain extent. 2. Budget statement: Budget statement is a part of comprehensive budget management. According to the empirical data (sales volume and unit price), the total sales amount is calculated first and the estimated first plan is obtained; Then, with the idea of determining production by sales, the inventory is thrown out, the production quantity and the quantity to be purchased are calculated, and the expense schedule is obtained; Then calculate the estimated direct labor, estimated manufacturing cost, estimated sales and management cost in turn, so as to fill in the cash budget table. Through the above work, we can calculate the expected balance sheet and income statement. 3. Fund raising management: According to the requirements of experimental data, we can fill in the repayment schedule according to the estimated loan and repayment amount and time of the enterprise: the total demand for funds minus profit retention and depreciation (non-cash cost) will require external financing, just as the company borrows from the bank. 4. Investment financial feasibility analysis report: This report assumes that the enterprise will invest in a new production line and make profits in the next five years. Similarly, we use the idea of sales and fixed production, first estimate the cash income estimate table according to the sales volume, then estimate the direct materials, direct labor, manufacturing expenses, sales and management expenses, and then get the cash flow estimate table. Finally, according to the above data, we can calculate the financial indicators such as net present value, profit index, internal rate of return and investment payback period. Then through the data of these financial indicators, it is analyzed whether this investment is feasible. In my opinion, the first part must accurately grasp the whole trend from the overall situation, and finally find out the factors that lead to the change through careful analysis layer by layer. For example, the increase in liabilities at the end of the period is mainly due to the increase in current liabilities, and its increase is due to the sharp increase in short-term loans. Only in this way can we improve it pertinently. Besides, I found that I was not proficient in the basic methods and skills of enterprise financial statement analysis. Like DuPont analysis, the improved DuPont analysis is not clear, so I feel very vague about the numbers in the process of doing it, and I am not fully sure. The second part is not difficult. The most important thing is to be careful and patient. Although there is a lot of the same repetitive work in financial management, there is no room for carelessness, because a small mistake will also cause great financial losses. Through this internship, we not only got familiar with the knowledge and problems involved in financial management, but also mastered how to use modern computer-aided tools to analyze and calculate the problems encountered, laying a good foundation for practical work. While achieving practical results, I also found some shortcomings in my internship. Summed up the following points: Although we only participated in the internship for a short week, we learned a lot of knowledge that we could not learn in class and benefited a lot. In financial management, it is far from enough to just learn knowledge from books, and work experience is extremely important. All kinds of problems in the actual work process can not be answered by books, it needs flexible application ability and applies what you have learned to practice. It can be said that learning without practice is very narrow and is not conducive to financial management. Secondly, as a future person, we should have a strict working attitude. Financial management is a very precise job, which requires accurate accounting of every index, remembering every tax law and using every formula correctly. Furthermore, we should have a hard-working spirit, a peaceful mind and a positive mind to deal with daily problems in interpersonal communication. Finally, thank the school for giving us this internship opportunity.
experience of financial management training article 2 In this internship, we are the first group of Finance Class Two. Our simulated enterprise is named Qiaojiangbei Group, and its internal division of labor is as follows: CEO Li Chunzhu, CFO Zhang Qiyue, COO Guo Yi, director of production and procurement Zhang Qiyue, director of human resources Zhou Lin and director of development franchise department Li Jinqiao. As a team leader, I am in the role of CEO in the team. Although we have different division of labor, we are determined to make our enterprise a management group that can maximize enterprise benefits, shareholders' rights and interests and economic profits. No matter what the result is, this internship can work with such a team, which makes me really feel the importance of team spirit. There is no hero individual, only a hero team. If there is another chance like this, I will still choose our team without hesitation. I believe our team must be the best. Everyone has just started this internship, which is like playing a game. The rules of the game and the operation of the game are not very clear. After reading the market forecast report, I felt that the Chinese fast food project had a good prospect in the local market, so I began to plan the preliminary work of the project. In the aspects of store location, decoration expenses, advertising expenses, etc., after careful calculation by CEO and chief financial officer, combined with espionage work and on-the-spot investigation, we initially worked out a plan. In Changchun, Chinese fast food is really a good catering project, and our business is still smooth and satisfactory. It is gratifying that no matter what our group's operating conditions are, our team is closely around the corporate decision-making team with CEO as the core, actively seeking current strategies, and trying to maximize the interests of enterprises as much as possible. In the process of our operation, we have encountered many problems, such as market opening, product pricing and preferential treatment, etc. When we encounter problems, we will work together to find a way to make this abstract enterprise colorful. The following are the solutions to the problems I encountered: (1) When I enter the local market, I must seize the market share first. Through this internship, I realized the role of market share. As a new enterprise, if I want to operate in a city, I must publicize myself. Now the society is in the information age, and the fragrance of wine is afraid of the deep alley. Only by playing out your own advertisements and brands and letting everyone know about you can you do business in the future and enterprises gain a foothold. (2) In the business process, we should have a long-term vision, foster strengths and avoid weaknesses, and make a reasonable market positioning for products. At the beginning of the business process, because the decision was too rash, I made the decision to join the company in the second year, which has already laid the groundwork for future failures. Since then, I understand that business decisions are interlocking, and any link will directly affect the future survival of the enterprise. In the second year, although the enterprise has a good development momentum, it has not fully recovered its investment. At this time, it should wait until the third year to start developing franchisees. This will not put too much pressure on the enterprise's capital chain, but also give investors with a wait-and-see attitude the confidence to join firmly. (3) Enterprises must allocate funds rationally, balance revenue and expenditure positively, and ensure that enterprises have proper cash flow. In the third year of operation, we adopted medium and long-term loans when developing franchisees, which increased the burden on the future operation of the enterprise. Although it did not lead to paralysis of the enterprise due to cash flow difficulties, it still caused certain psychological pressure to the operators. (4) have a reasonable understanding of the enterprise itself, and have a reasonable understanding of the market environment and competitors. When we successfully operated in the local market in the first year and recovered part of our investment, I should not blindly make plans to find franchisees. Fortunately, CFO Zhang Qiyue and COO Guo Yi tried their best to dissuade us, so as to avoid problems in the enterprise's capital chain and lead to operational difficulties. (5) Do a good job in collecting business information of opponents, and know yourself and yourself. In the course of operation, we visited many places and conducted field research. The prices of many Chinese fast food restaurants in Changchun are almost familiar to our hearts. This makes us less passive in the competition. In the process of modern enterprise management, we must do a good job in intelligence and public relations. Through this internship, we learned a lot of knowledge that is not available in books. During the internship, everyone was very attentive, as if they were really participating in a fierce commercial war, and they really felt the excitement and cruelty of market competition and experienced management and responsibility. You can't make a decision rashly on impulse, you should consider the income and available resources of the enterprise, weigh the advantages and disadvantages and make overall arrangements. It is also necessary to comprehensively analyze the opponent's situation and be in an invincible position in the market game. As the saying goes, "Know yourself and know yourself, and fight every battle". Before making production and purchasing, we should calculate our own input and output, and pay attention to the management idea of "fixing production by sales and ordering by production" in production, and basically maintain zero inventory or low inventory, so as to reduce the financial burden caused by occupying funds. Arrange production plan and purchase plan according to sales order, and arrange purchase and production reasonably. Don't have a clear goal, and you need to make careful plans for the future development direction of the enterprise, not blindly confident, and not too conservative. If you are blind and confident, borrow a lot, expand production capacity and open up markets without plans, it may lead to the interruption of capital flow and be on the verge of bankruptcy. But it is no good to be too conservative, and the consequence of conservatism is likely to be forever in the middle. The only way for Liu to win is to win steadily. Besides, I think teamwork is particularly important in this internship, which is the key to success or failure. Pay special attention to the following aspects: 1. The embodiment of team spirit. Through this training, I sincerely realized the importance of teamwork spirit. An enterprise is like a big ship, the CEO is the helmsman, the CFO is the escort, the marketing director is here, and each role should do its own job, otherwise the big ship will not stand the impact of the wind and waves. 2. Infiltration of personality ability. The difference of individual personality and ability permeates the process of enterprise operation and management. In the face of the cruelty of the market and the risk and responsibility of enterprise failure, is it a victory to give up lightly or stick to the end? This is not only a problem that an enterprise may face, but also a problem that needs to be chosen constantly in life. 3. The application of philosophical thinking. Philosophy is the foundation of all disciplines, which is fully reflected in this financial training, especially in the thinking concept of CEO. For example, the application of philosophical and military concepts such as "overall concept", "slow and steady progress" and "surprise victory" means not to engage in industries and projects with too much risk and investment under the uncertain market environment, and at the same time make all kinds of preparations. Once other enterprises have proved that a certain product has considerable profits, they should quickly enter the market. 4. Having passed this training has triggered my thinking about career orientation. In practical work, it is not "love one line and do one line", but more need for everyone to "do one line and love one line", otherwise, the completion of the work will be affected due to personal preferences, which is likely to affect the survival of an enterprise. In addition, as a qualified enterprise manager, we should keep a clear head and exercise the ability of decisive judgment and decision-making when the development of the enterprise is facing setbacks. In this internship, we think that it is the most important thing to do a good job in financial management. As an important field of enterprise management, the internal and external environment it faces is changing with each passing day. How can we achieve the goal of modern enterprise financial management as much as possible? This is a subject that needs the continuous thinking of the financial director. To effectively realize the financial management objectives of modern enterprises, we should follow five concepts: goal-oriented and focused management, keeping pace with the times and continuously innovating thinking, people-oriented, creating value, and thinking without blindly following the theory. In modern enterprises, shareholders, operators and creditors constitute the most important financial relationship, and the realization of enterprise financial management functions has to be completed by people. Therefore, it is very important to adhere to the people-oriented concept in modern enterprise financial management. The key to adhering to the people-oriented concept is to objectively grasp the law of people's behavior in the capital market, which has the following three aspects: first, the law of self-interest behavior: it means that people act according to their own financial interests when making decisions, and people will choose the action with the greatest economic interests under other conditions. Second, the law of bilateral transactions: every transaction has at least two parties. When one party makes a decision according to its own economic interests, the other party will act according to its own economic interests, and the other party is as smart, diligent and creative as you, so you should correctly predict the other party's reaction when making a decision. Third, the law of signal transmission: actions can convey information and are more explanatory than personal statements. It is an extension of the law of self-interest behavior, which requires that financial decision-making should not only consider the action plan itself, but also consider the information that the action may convey to people. In order to achieve the goal of maximizing enterprise value, enterprise financial management should first consider the issue of capital appreciation. The concept of creating value is an understanding of the basic law of increasing enterprise wealth, which has the following four aspects: first, the law of valuable creativity: it means that new ideas can get extra compensation. Valuable creative laws are mainly applied to direct investment projects, and can also be applied to business and sales activities. Second, the law of comparative advantage: expertise can create value. The law of comparative advantage requires enterprises to focus on their own comparative advantages, not on their daily operations. In financial management, we should make the best use of people, make the best use of things and complement each other's advantages. Third, the option principle: it means that the value of options should be considered in financial valuation. Options in a broad sense are not limited to financial contracts, and any right without obligations belongs to options. Sometimes the options attached to an asset are more valuable than the asset itself. Fourth, the law of net increase benefits: refers to the fact that financial decisions are based on net increase benefits, and the value of a decision depends on its increased net income compared with alternatives. The goal of financial management is the general direction of financial management, and the environment faced by modern enterprise financial management is changing day by day, which mainly includes legal environment, financial market environment and economic environment. Chief financial officer always faces a lot of static and dynamic situations.