Reducing costs and increasing efficiency from a financial perspective

This session will be based on the book ‘Cost Reduction and Efficiency Increase: Enhancing Corporate Competitiveness through Internal Control’ authored by Tingting Zan.

From the perspective of enterprise practice, this book systematically introduces the theory and practice of internal control. It also integrates topics such as financial reporting, budget management, tax planning and risk management. Additionally, the book explores ChatGPT's support in internal control, and includes guidance on preparation of internal control evaluation reports to assist enterprises in better implementation.

We are very honoured to invite the author of this book, Tingting Zan, to analyze the underlying logic of cost reduction and efficiency increase from a financial perspective, to share the strategies and tools of cost reduction, and to sort out the role of finance in cost reduction and efficiency increase.