Abstract
With the gradual acceleration of urbanization construction process, the economic level of China has b een significantly improved, especially the small and medium-sized enterprises under the support of national polici es have gradually accelerated the development speed in the process of urbanization construction, at the same time, to a certain extent, it has improved the economic interests and competitiveness, and promoted the subsequent rapi d development of small and medium-sized enterprises step by step. It is worth noting that in the process of acceler ating the development of small and medium-sized enterprises, the role and importance of financial management ar e increasingly highlighted. In order to ensure the full play of the role of financial management, people need to pay more attention to the application of financial management cost control. The main reason is that cost control is an i mportant part of financial management, which has an important impact on the development of enterprises and busi ness activities, and has a decisive role in the effectiveness of financial management of small and medium-sized ent erprises. Based on this, when small and medium-sized enterprises are facing increasing market competition, they must attach importance to the role of cost control in the financial management of enterprises, and try their best to p lay the actual effect of cost control, so as to provide continuous impetus for the development of small and medium-sized enterprises.
Highlights
Under the background of economic globalization, the frequency of trade between countries has gradually increased, and the development opportunities faced by China have gradually increased, and for small and medium-sized enterprises in China, they have begun to usher in a broader space for development
Cost control refers to the management and control work carried out by enterprises with planned cost; while cost control refers to the in-depth analysis, and the coordination, development and utilization of existing resources
This link is mainly based on management level and manual control, procurement of raw materials and processing of raw materials, and these factors have an important impact on cost control
Summary
Under the background of economic globalization, the frequency of trade between countries has gradually increased, and the development opportunities faced by China have gradually increased, and for small and medium-sized enterprises in China, they have begun to usher in a broader space for development. In the context of increasing development opportunities for SMEs, affected by the increasingly fierce international market competition, the actual development process of SMEs has gradually increased the pressure and challenges. The existence of this factor, to a certain extent, affects the subsequent development of small and medium-sized enterprises. Facing this situation, it is necessary for small and medium-sized enterprises to effectively respond to the increasing competition based on the application of scientific financial management methods. We should pay more attention to cost control, ensure the effective cost reduction in all aspects of the enterprise by virtue of the role of cost control in financial management, promote the gradual increase of the actual interests of the enterprise, and provide protection for ourselves in the increasingly fierce market competition environment
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