Measures for financial management
These Measures are formulated to meet the needs of the company's development, standardize accounting behavior, unify accounting standards, strengthen financial management, ensure the authenticity and integrity of assets, and maintain the company's economic order.
I. Financial management system
1. The company set up the finance department. The business shall be accounted for and supervised in accordance with the Accounting Law, relevant management measures of the company and these measures. Administratively responsible for the general manager of the company and fully accepting the financial management and supervision of the company by the chief financial officer.
2. The general manager is responsible for the authenticity, completeness and timeliness of the company's accounting work and accounting data.
3. Management system of unified financial leadership, unified management and unified accounting. The Finance Department is responsible for the financial accounting, daily accounting and tax payment of Shenyang Heavy Huayang Electromechanical Equipment Co., Ltd. (hereinafter referred to as the company), as well as the authenticity and integrity of the company's property and materials, and carries out all work within the scope of the Accounting Law and relevant management measures of the company. Have no right to transfer, dispose of, guarantee or mortgage the assets of the company.
Two. Main accounting policies adopted by the company:
1. Fiscal year: Gregorian calendar system is adopted, that is, from 1 month 1 day to1February 3 1 day every year.
2. bookkeeping base currency: RMB is bookkeeping base currency. For foreign currency economic business, the basic exchange rate published by the People's Bank of China on June 1 day of that month is adopted for accounting. At the end of the period, adjust the foreign currency balance of the foreign currency account according to the basic exchange rate of the day, and the difference is included in the current financial expenses.
3. Valuation basis: actual cost method.
4. Bookkeeping principle and bookkeeping method: According to the accrual basis principle, debit and credit double bookkeeping method is adopted.
5. Criteria for determining cash equivalents: investments with short holding period, strong liquidity, easy conversion into known amount and little risk of realizing cash value are determined as cash equivalents.
6. Short-term investment impairment provision: depreciation is accrued according to national policies.
7. Accounting method for bad debts: the allowance method is adopted, and the provision is made at 3‰ of the ending balance of accounts receivable, other receivables and notes receivable.
8. Inventory: The materials and commodities issued are priced according to the actual cost by using the weighted average method. At the end of the year, it is measured according to the lower of cost and net realizable value. Amortization of low-value consumables adopts one-time amortization method. Inventory depreciation reserve is accrued according to individual inventory items.
9. Long-term equity investment adopts the equity method. Long-term investment shall be depreciated according to state regulations.
10. Valuation, depreciation and depreciation reserve of fixed assets.
(1) Fixed assets are tangible assets with the following characteristics: 1, which are held for producing goods, providing labor services, leasing or management; 2. The service life is more than one year; 3. The unit value is more than 2000.00 yuan.
(2) The depreciation of fixed assets is calculated by the straight-line method, and the depreciation period and depreciation rate are determined according to the category of fixed assets, original price and expected service life (excluding the net salvage value rate) as follows:
Assets and production categories
Put away the old age limit
Annual discount rate
Houses and buildings
1 1
9.09%
Houses and buildings
10
10%
machinery equipment
1 1
9.09%
machinery equipment
15
6.66%
Means of transport
eight
12.5%
Working tool
five
20%
Working tool
10
10%
Office electronic equipment
three
33.33%
Office electronic equipment
five
20%
Office electronic equipment
10
10%
(3) Provision for impairment of fixed assets: at the end of the period, the impairment loss of fixed assets is accrued according to the estimated recoverable amount of fixed assets being lower than its book value.
1 1. Depreciation is accrued for projects under construction according to national regulations.
12. Valuation and amortization of intangible assets: Intangible assets are valued at actual cost and amortized during the contract period or benefit period.
13. revenue recognition principle:
Sales of goods: When the ownership of the goods is transferred to the buyer, it is regarded as the realization of operating income when the payment is received or the payment evidence is obtained.
14. accounting treatment method of income tax: the accounting treatment of income tax adopts the tax payable method.
15. After-tax profit distribution: the statutory surplus reserve fund 10%, statutory public welfare fund 5%, reserve fund 10%, development fund 5% and welfare fund 5% are distributed according to the after-tax net profit.
Third, fund management.
1. The finance department is the company's fund management center, responsible for raising, using and distributing the company's funds.
2. On the basis of reasonable occupation of funds, each business department will increase the efforts to withdraw funds, and the contract repayment rate will reach 90%, and another 10% quality guarantee fund will be repaid on time.
3. The funds needed in the operation of various business departments can find another way and brainstorm. The Finance Department actively cooperated and raised funds. The funds raised by each department shall be used by the department in principle, and interest shall be calculated by itself.
4. The finance department shall regularly (monthly or quarterly) draw special reserves according to 60% of the profits realized by the business department. Issued at the end of the year.
Supplementary Respondents to the Report 2009-06-25 1 1: 04 5. When each business department urgently needs to use the company's special reserve fund and other funds, it needs to get the special approval of the general manager and charge interest at the rate of 5% per month. Those who fail to do this will be charged a late fee of 2%.
6. The use of funds by each department must be approved by the manager, minister, chief financial officer and general manager at four levels. Examination and approval procedures: approved price list, contract and payment application form (indicating the repayment date of the loan from the company). The application amount is limited to purchase contracts and payment orders. The minister of finance is responsible for arranging the payment.
Fourth, financial management.
1. Fixed assets: The company's purchase, construction, sale, transfer, scrapping or renovation of fixed assets shall enter the decision-making procedure of the board of directors.
(1) Fixed assets are jointly managed by the user department, administration department and finance department. All fixed assets should be created according to the classification number. Establish a responsibility system according to the user department and make an inventory at the end of each year to ensure the safety and integrity of the property.
② Depreciation of fixed assets is calculated by the average method of original value, estimated net salvage value, estimated service life and service life.
2. Low-value consumables: The user department is responsible for low-value consumables, and the financial department takes stock once a year to clear up the scrap in time to ensure that the accounts are consistent.
3. Property loss approval authority
① Fixed assets shall follow the decision-making procedures of the board of directors.
(2) Current assets: if it is less than 5,000 yuan, the department shall submit a detailed report and relevant supporting documents, which shall be reviewed by the company's finance minister and submitted to the finance director for approval; Those exceeding 5,000 yuan shall be reviewed by the department head and the finance minister, and then submitted to the finance director for signature and approval.
4. Accounts receivable: Accounts receivable include accounts receivable, prepayments, other receivables and notes receivable.
(1) Accounts receivable are the creditor's rights of the enterprise, which should be true, lawful, accurate and timely.
② The management of accounts receivable is the common responsibility of the business department and the financial department.
A. The finance department should register the accounts truly and accurately, and clean up the accounts in time. Officially provide the list to the business department every month.
B. Business departments should take the initiative to understand the status of accounts receivable, and whoever handles it will be responsible for it, and clear up and recover it in time.
C at the end of each month, business and finance must check the amount of accounts receivable and make records for the record.
D for accounts receivable with large amount and long overdue time, the company will punish the business personnel according to the specific circumstances.
5. Inventory: including raw materials and main materials, auxiliary materials, spare parts for repair, etc.
(1) Improve the procedures for receiving and dispatching inventory, check the quantity and quality when warehousing, register financial accounts with "warehousing receipt", and record all kinds of inventory according to the actual cost obtained.
② Delivery: All materials must go through corresponding delivery or delivery procedures when they leave the factory. According to the different properties of ex-factory materials, issue corresponding delivery notices or sales invoices respectively. Complete the formalities before leaving the factory. Relevant details and samples are attached.
On June 25th, 2009, it was reported that the respondent supplemented 1 1: 04 ③ Inventory: the business department made an inventory of all kinds of inventory in the department once every quarter. Financial, business and related quality inspectors should make a good inventory report, timely verify the inventory surplus (deficit), expired deterioration, damage and other conditions, find out the reasons, clarify the responsibilities, put forward handling opinions, report to relevant leaders for approval, and count them into current profits and losses.
6. Invoice: VAT invoice and ordinary invoice.
According to the relevant regulations of the State Taxation Bureau, the company implements an invoice management system which is specially kept by the Finance Department and uniformly issued invoices. The business department shall issue an invoice to the Finance Department on the basis of the "Completion Acceptance Sheet" and related procedures.
7. Bank settlement (monetary funds): Cash and various deposits are recorded in a timely manner every day according to the actual income and expenditure, and the accounting supervisor should keep abreast of the funds.
① Account management: All funds in and out of the company must be accounted for through the unified bank account specified by the company. The existing different bank accounts of the Company are managed and used by the Finance Department, and all business departments are not allowed to open bank accounts by themselves.
(2) Reserve the bank seal, which shall be managed and used by the accountant and cashier respectively. The special seal for invoices shall be kept and used by the cashier.
(3) At the end of each month, the outstanding items in the bank statement should be verified one by one, and problems should be handled in time. Cash on hand should be controlled according to the amount and cannot be exceeded.
Verb (abbreviation of verb) accounting management
1. The Company adopts the accounting form of accounting voucher summary table.
2. All business departments and functional departments must provide the actual economic business and legal documents proving the occurrence of economic business. The financial department shall conduct accounting and go through accounting procedures, and no department or individual may provide false or unsound economic and business matters or materials.
3. The following economic and business matters shall be accounted for through accounting procedures:
① Receipt and payment of currency and securities.
(2) Financial income, increase, decrease and use.
③ The occurrence and settlement of creditor's rights and debts.
(4) the increase and decrease of capital and funds.
⑤ Calculation and processing of financial results.
⑥ Calculation of income, expenditure, expenses and costs.
⑦ Other matters requiring accounting procedures.
4. The Finance Department will reject the following accounting treatment:
① Change the recognition standard or measurement method of assets, liabilities and owners' equity at will. False listing, multiple listing, no listing or less listing of assets, liabilities and owners' equity.
2 falsifying or concealing income, delaying or confirming income in advance.
(3) Unrealized, multi-listed, non-listed or under-listed expenses and costs.
④ Adjust profits at will, fabricate false profits or conceal profits.
5. The annual report is 65438+1October 65438+May of the following year, and the monthly report is the 3rd of the following month.
6. The Finance Department will provide the following statements every month:
① General ledger account summary table, balance sheet, income statement, expense table and tax return.
(2) Table of funds occupied by each department.
(3) the completion of business indicators of various departments.
The Measures shall be implemented as of 2009 1 month 1 day.