Upgrading Fund Management to Transform Cost Center into Profit Center
H. Siyao. INTERNATIONAL JOURNAL OF TREND IN SCIENTIFIC RESEARCH AND DEVELOPMENT, 7 (3):
9-11(June 2023)
Abstract
With the development of society, a large number of enterprises in China have entered the stage of group development, and the management of enterprise funds has also changed accordingly. Fund management has moved from a single cost control model to a profit control model. Funds are the lifeblood of enterprises, and the quality of fund management affects the development ability of enterprises. The fund management of enterprises needs to involve cost control. Transforming from a cost center to a profit center can eliminate unreasonable parts of the cost structure and effectively reduce production costs. Han Siyao Üpgrading Fund Management to Transform Cost Center into Profit Center" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-3 , June 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd56253.pdf Paper URL: https://www.ijtsrd.com.com/management/accounting-and-finance/56253/upgrading-fund-management-to-transform-cost-center-into-profit-center/han-siyao
%0 Journal Article
%1 noauthororeditor
%A Siyao, Han
%D 2023
%J INTERNATIONAL JOURNAL OF TREND IN SCIENTIFIC RESEARCH AND DEVELOPMENT
%K Cost Profit Ship center, enterprise repair
%N 3
%P 9-11
%T Upgrading Fund Management to Transform Cost Center into Profit Center
%U https://www.ijtsrd.com.com/management/accounting-and-finance/56253/upgrading-fund-management-to-transform-cost-center-into-profit-center/han-siyao
%V 7
%X With the development of society, a large number of enterprises in China have entered the stage of group development, and the management of enterprise funds has also changed accordingly. Fund management has moved from a single cost control model to a profit control model. Funds are the lifeblood of enterprises, and the quality of fund management affects the development ability of enterprises. The fund management of enterprises needs to involve cost control. Transforming from a cost center to a profit center can eliminate unreasonable parts of the cost structure and effectively reduce production costs. Han Siyao Üpgrading Fund Management to Transform Cost Center into Profit Center" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-3 , June 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd56253.pdf Paper URL: https://www.ijtsrd.com.com/management/accounting-and-finance/56253/upgrading-fund-management-to-transform-cost-center-into-profit-center/han-siyao
@article{noauthororeditor,
abstract = {With the development of society, a large number of enterprises in China have entered the stage of group development, and the management of enterprise funds has also changed accordingly. Fund management has moved from a single cost control model to a profit control model. Funds are the lifeblood of enterprises, and the quality of fund management affects the development ability of enterprises. The fund management of enterprises needs to involve cost control. Transforming from a cost center to a profit center can eliminate unreasonable parts of the cost structure and effectively reduce production costs. Han Siyao "Upgrading Fund Management to Transform Cost Center into Profit Center" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-3 , June 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd56253.pdf Paper URL: https://www.ijtsrd.com.com/management/accounting-and-finance/56253/upgrading-fund-management-to-transform-cost-center-into-profit-center/han-siyao
},
added-at = {2023-07-13T08:58:01.000+0200},
author = {Siyao, Han},
biburl = {https://www.bibsonomy.org/bibtex/2a3714469032f80428e965a76ab3c3e17/ijtsrd},
interhash = {43fd26737c3405fd263c5c0c31416741},
intrahash = {a3714469032f80428e965a76ab3c3e17},
issn = {2456-6470},
journal = {INTERNATIONAL JOURNAL OF TREND IN SCIENTIFIC RESEARCH AND DEVELOPMENT},
keywords = {Cost Profit Ship center, enterprise repair},
language = {english},
month = {June},
number = 3,
pages = {9-11},
timestamp = {2023-08-01T13:25:29.000+0200},
title = {Upgrading Fund Management to Transform Cost Center into Profit Center
},
url = {https://www.ijtsrd.com.com/management/accounting-and-finance/56253/upgrading-fund-management-to-transform-cost-center-into-profit-center/han-siyao},
volume = 7,
year = 2023
}