Chemical company held third quarter business analysis meeting

   Recently, the chemical company held the third quarter business analysis meeting, this business analysis meeting innovative model, by responsible for the business department accounting of the host accounting from the financial perspective of the in-depth analysis of the business situation of each business department, for the company's high-quality development to provide accurate data support.

   Based on the signing and implementation of the actual contracts of each business unit since the beginning of this year, the financial personnel conducted in-depth analysis and data comparison of the operating income, cost structure and expense details of each department, taking into account various factors such as exchange rate fluctuations, interest expenses, various costs and expenses. Through the system review of the first three quarters of the business structure, identify the core issues affecting profits, and jointly explore feasible solutions. Help business units to more scientifically predict expenses, assess the actual impact of contract terms on profits, and improve judgment and risk awareness at the contract signing stage. Through this analysis of the industry and finance collaboration, the finance department has effectively implemented the business process.“Ex-ante prevention, ex-post supervision, ex-post review”The working mechanism, grasp the actual profitability of the business, timely adjustment of financial management measures, optimize the allocation of resources.

   Gu Weiguo, general manager of the company, stressed that the internal control system should operate effectively, effectively achieve the trinity of system formulation, implementation and supervision, ensure operational compliance, asset safety, true and reliable financial reporting, improve operational efficiency and risk prevention capabilities, and effectively achieve closed-loop control. Financial work is an important hub of the internal control system, not only to be a good business development“Operational Staff”, but also to be a good business risk.“Whistleblower”, participate in and do a good job in the authorization, approval and operation of the whole business link, so that there is a system to follow. Financial data should be true, accurate, complete and timely to provide reliable support for the company's business decisions.