Financial Risk And Its Evaluation In Universities And Colleges

This paper analyzes and inquiries into two outstanding problems-the deficit budgets risk and the liabilities risk faced in the financial accounting of current universities and colleges, and mainly takes into the analysis and evaluation of the universities and colleges' current liabilities risk in the financial risk. In the deficit budgets risk analysis, we induce the deficit budgets risk to three aspects such as the break of system, the break of excessiveness and the break of operability. The exterior of this kind of budget should be avoided by perfecting the current accounting system of the universities and colleges and strengthening the system constructions such as the finance management and the budget performance analysis etc. We put forward some methods that have the practical operator and provide a reference example to the accountants. During cultivating students, the universities and colleges show the same circulation with the enterprises in producing products, so in the aspect of analyzing and evaluating liabilities risk, this paper puts forward a kind of new evaluation methods, which don't change the existing mode and frames of the universities and colleges' cash basis, but re- design and convert the body of financial report of the universities and colleges based on the" enterprise finance report's structure, and take it as the foundation to design the six index signs of repaying liabilities' ability, financial caution index signs, the Z models and the Barthory models to analyze and evaluate the liabilities risk of universities and colleges. Finally, we analyze the final financial accounting data of 2004-2006 years in a university, and get the quantitative liabilities risk index signs of the University of Three years. Therefore, the paper will get the quantity to the index sign of latent and concealment financial risk which is obtained by re-designing a new financial report's structure and the index sign of the universities and colleges, which can be used to build the early-warning system in financial risk of the universities and colleges, simultaneity we are also hoping that this paper can provide some method or certain reference value for the accounting practical worker of the universities and colleges to measure financial risk.