Knowledge Economy and Innovation of Financial Management

Knowledge economy is an economy that depends on the knowledge and information generation,information distribution and information utilization.It is not subjectively fabricated by human beings.It is the absolute trend of social and economic development.It influences every aspect of the social economic life.It also impacts the traditional financial ideas and methods.Knowledge economy as the number one productive force will inevitably influence the investment decision,traditional inventory management,profit distribution,financial analysis,etc.Therefore,we must innovate in respect with the financial ideas,financial targets,financial governance structure,financial management content,etc.so as to meet the needs of the economic development.