Preliminary Study on the Optimization of the Financial Information Management System under the Financial Management REA Model

The traditional financial information system cannot meet the needs of the times, which exposes many shortcomings, so it is imperative to optimize the existing financial information system. In the analysis of the limitations of the traditional financial information system, based on the REA (Resource. Event. Agent) model, this paper analyzes how to enter all the related contents of the business events into the business database for storage according to its original actual meaning but not processed into lending entry form, to optimize the financial management process, and build a new type of financial information system based on the REA model and absorbing the advantages of the traditional financial information system. The rapid development of the information technology changes the financial environment, which makes the traditional financial theory face severe challenges. The traditional accounting assumptions and accounting principles such as the measurement, historical costs and other principles are gradually required to be replaced by multiple measurement hypothesis and various valuation methods. The impact of many non. financial information such as the human resource information, quality information, and social responsibility information on the financial system is more and more important. However, most of the current financial information systems are operated based on the traditional accounting model, and still remain in the stage to technical means to adapt to the traditional financial assumptions and rules, rather than to use the technical means to lead the process of the traditional financial transformation. Therefore, this paper tries to optimize the existing financial information system through the theory of REA model, in order to make better use of the technology to improve the management.