ABSTRACT
Enterprise financial accounting plays an important role in the overall management and operation as the significant basis of helping managers find out and solve problems. However, there still lacks of the complete accounting system and accounting procedure in actual management among most of enterprises, which leads to the disorder of internal management and supervisory system and consequently the problems frequently occurring. The problems are reflected in the following aspects: firstly, a unclear entity in financial accounting. Financial officers often confuse personal assets and enterprise assets, which results in misappropriating assets. Secondly, low quality of the accounting officers. The financial accountants are quite important in the enterprise and they must be equipped with professional knowledge and skills as well as experienced in dealing with accounting affairs. However, in fact, because some Small and Medium Enterprises lack of complete management regulation and staff institution and many managers directly employ their relative, the staff undertaking such an important position are usually lack of professional knowledge and skills as well as some experience. They can’t satisfy the requirement enterprises set of professional accountants, and they are incapable of the financial accounting in enterprises. It will seriously affect the accounting management or even result in great loss.
