Author(s)

Xinqi Gao, Xinyu Fang, Haoying Chen

Corresponding Author

Xinqi Gao

ABSTRACT

Due to the development of the global market and strong domestic competition trends, modern companies must seek further breakthroughs in all areas to further improve their corporate strength. In the midst of social changes, the internal structure of some domestic companies has undergone a series of changes, especially in the content of financial and accounting policies and operating conditions, which pose new challenges for the advancement and growth of modern companies. In this perspective, modern companies, especially social private enterprises with high asset-liability ratio, must further improve their own financial management in order to reduce the pressure of financial management. Among them, innovative financial management model has become a necessary path for the rapid growth of modern companies, and is a major issue that contemporary companies need to face in the market competition. In the article, we firstly studied the modern business system and the basic characteristics of China's business system, and then put forward the problems in the current financial management of enterprises, and analyzed the factors that contribute to its formation, so as to put forward countermeasures to promote the development of modern business system financial management and breakthrough.

KEYWORDS

Financial management, Modern enterprise management, Innovation and development, Path research