Research On Countermeasures Against Financial Risk In Enterprise D

With the further development of economy,enterprises in China have been confronted with more and more complex financial risks.The existence of these financial risks will attack enterprises greatly,even cause the enterprise bankruptcy.Enterprises must take measures to avoid and defuse the financial risk,which makes the healthy development of enterprise.So it improves that researching and controlling of the financial risk of a enterprise has great significance to against financial crisis.Based on theories of the risk management and the internal control,this paper constructs the theoretical framework of enterprise financial risks and forms the general recognition of enterprise financial risks,with the theoretical knowledge application of Economics,Investments and so on.Based on the knowledge above,this article takes D enterprise as the research example.This paper reveals reasons on it from the following aspects:firstly,regarding the internal management system,the effective financial budget system and the staff incentive system don't exist;secondly,regarding the financing,the financial structure is not reasonable,and the asset period doesn't match the debt period; thirdly,regarding the funds operation,there is no effective control in the purchase and production link;at last,regarding the capital recovery,the inappropriate sales strategy causes that the increasing extent of sales expense is greatly bigger than it of the production sales,and much bad debt exists in the account receivable.Aiming at causes above,this paper takes the following measures against financial risks to reduce the loss in the enterprise.Firstly,the internal management system must be improved.The feasible financial budget system and the feasible staff incentive system must be established to furthest arouse the staff's potential.Secondly,the financial structure can be optimized,and the asset period keeps matching the debt period.Thirdly, there must be the great control in the material purchase and production link,and thus the enterprise will have the lower cost and the production with the better quality.At last,the sales strategy should be changed to strictly control the sales expense of salesmen and reduce the account receivable.If the above measures can be taken in D enterprise,the cash payback ability may be stronger,and the enterprise will come out the predicament to obtain the higher profit.