Three Measures To Prevent And Control Financial Risks

< p > strong > 1, concern a href= "//www.sjfzxm.com/news/index_c.asp" > cash flow < /a > investment risk < /strong > /p >

< p > when it comes to the risk point that CFO needs to pay attention to, Tan Xiancai, partner and general manager of Tian Yi international accounting firm, told reporters that cash flow risk and investment risk can be regarded as a prominent link in the current financial risk of enterprises.

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Specifically, the cash flow risk is mainly reflected in the larger accounts receivable, and the serious mismatch between cash flow and operating income and profits. This is particularly evident in the financial leasing industry, which leads to the phenomenon of short loan and long investment, and the liquidity risk is increasing.

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< p > investment risk is more reflected in the phenomenon of heavy investment and light management. Many enterprises are lack of tracking management of investment income level, which leads to the investment risk can not be disposed in time, resulting in the overall investment efficiency is not high.

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< p > as a CFO, its real role is no longer an accounting expert, but a management expert. Tan Xiancai pointed out that a management expert with special financial skills can identify the real economic world behind the data through the appearance of financial data, understand the current effective risk management tools, and have the ability to take timely adjustment measures. This is the quality that a qualified CFO should possess.

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< p > < strong > two, build < a href= "//www.sjfzxm.com/news/index_c.asp > > financial risk < /a > warning system key point < /strong > /p >

< p > the goal of risk prevention and control is to prevent risks, improve the response speed to risk factors and prevent them from happening.

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< p > the use of information system as a carrier to carry out risk < a href= "//www.sjfzxm.com/news/index_c.asp" > prevention and control work < /a > can be said to be a very good choice.

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< p > according to the experience of setting up a financial risk early warning system in enterprises, Tan Xiancai believes that there are some problems that need special attention when we use information technology to do well in risk prevention and control.

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< p > first, we must solve the problem of data collection.

At present, there are many information systems in many enterprises. Different information systems provide different decision support for management. The first step of risk prevention and control is to identify useful information from many information systems. If there is no unified data collection platform inside the enterprise, then risk prevention and control will be meaningless.

Therefore, the use of information technology to do risk prevention and control first needs to solve the problem of data collection.

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< p > 2, enterprises also need to set up flexible basic parameters.

Enterprise risk prevention and control work and other work matters, it will not be static.

The risk of an enterprise will change with the change of internal and external environment. It is closely related to the fluctuation of the industry and the strategy of the enterprise.

This closely related requires that the financial department set up various basic parameters flexibly and adjust in time. It should not only be limited to the adjustment of interval value, but also include the dynamic selection of indicators.

Only in this way can information technology be able to prevent and control the real risks of enterprises.

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< p > in addition, enterprises must respond to the risk warning results in time.

If the enterprise ignores the potential risk warning signal, such risk prevention and control work is a failure.

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< p > < strong > three, establishing a financial analysis model to actively evade < /strong > < /p >

< p > the establishment of the financial risk analysis model will directly affect the final analysis result. Tan Xiancai suggests that we should construct from three "many" angles: < /p >

< p > one is the integrated design of multiple formats.

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"P >" in the mode of diversification, it may be inappropriate to take the standard of a certain industry as the interval value of enterprise risk early warning.

Under such circumstances, enterprises should make clear the weight of the industry in which they are engaged, so as to further judge their personalized interval value. Only in this way can the results of calculation be able to truly reveal the original appearance of an enterprise.

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< p > two is a multi-dimensional interval comparison.

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< p > taking a dimension to measure the early warning results will make the whole financial risk analysis model look a little thin.

Enterprises in the selection process of benchmarking can be multi-dimensional.

Vertically, we can choose macroeconomic data, industry data, listed company data, state-owned enterprise data and enterprise historical data as benchmarking values to conduct comparative analysis. From a horizontal perspective, companies can set strict, normal and tight three latitudes to analyze the early warning results.

Multidimensional interval value comparison analysis can make the result of the whole early warning model more scientific.

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< p > three is a multi index association analysis.

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< p > business operation is complicated and changeable. It is unscientific to judge the financial risk of a company unilaterally from one or one kind of index. It is too optimistic to think that the enterprise has no risk or too pessimistic to magnify the temporary financial difficulties of the enterprise.

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