Analysis on the Innovation of Financial Management Thinking of Public Institutions Under the Background of Big Data

Abstract

"Big data" has brought about the innovation in social management concepts, and begun to challenge traditional financial management models. In public institutions, the level of financial management informatization is generally not high, and the management concept and method are relatively conservative. Only by participating in the reform in a timely manner will they keep up with the pace of development of the times and satisfy the needs of national governance. The author analyzes the necessity of reforming the financial management thinking of public institutions and puts forward corresponding suggestions.