The Research On The Financial Risk Management Of Jiangsu Yueda Group

As the world continues to accelerate the process of economic integration, China’sbusiness environment is also more diverse and complex, hazardous financial riskscaused by the enterprise are constantly deepened. In order to prevent the risk of thedevelopment of enterprises of various types of adverse consequences, strengthen riskmanagement and internal control has become an important part of modern businessmanagement. In this context of financial risk of a systematic study of greatsignificance, companies can operate on their own with the financial risk of having acorrect understanding of the scientific method and through the operation of thefinancial risk identification, assessment, analysis, and to develop effective controlprograms and measures to ensure the greatest degree of business to reduce costs andachieve greater returns.This paper starts from the basic theory of the company’s financial riskmanagement.First,it describes the definitions of the company’s financial riskmanagement.Secondly,through case analysis, systems analysis, and qualitative andquantitative methods, it identifies, evaluates, and analyzes the factors affectingJiangsu Yueda Group companies financial risk and analyzes its impact.The last butnot the least, it puts forward the guiding opinions on selections of the principles of thecompany’s financial risk management system,and the development the programs ofthe management measures.This paper analyzes the causes of the financial risk of the existence of Jiangsu YuedaGroup and proposed financial risk control measures, has some practical significance.First, Jiangsu Yueda Group ’s production and operation of major significance, JiangsuYueda Group will help improve financial risk management awareness, more attentionto corporate financial risk control. Secondly, in order to improve our financial riskmanagement enterprise group the ability to provide a reference for the sustained andhealthy development of enterprises to provide a theoretical and practical referenceguide. Long-term enterprise, stable and healthy development also has a certainsignificance. The innovation of this study is the COSO framework for riskmanagement and financial risk management Jiangsu Yueda Group combine JiangsuYueda Group’s financial risks are analyzed.