Research On Foundation Financial Statements Analysis Index System Optimization

With the development and expansion of the Foundation, the role of foundations in social life is increasingly important. It not only plays an active role in the mobilization of social resources, provision of public goods and services, assistance of the government to solve social problems, but also help in the promotion and advancement of civilization and social welfare philosophy. However, the development of the Foundation is not perfect, charitable scandal frequently broke, failure phenomenon of charitable organizations become more serious, which revealed the existence of the financial situation of chaos Foundation, breed corruption, low credibility and other social development issues, seriously affecting the development of Fund resource mobilization and public welfare. Accordingly, the depth analysis of financial problems of Foundation, resolve the difficulties encountered in the development of Foundation, has become a hot issue theorists and practitioners of common concern.By combing the existing literature and sort out the financial statements of X Foundation data, the Paper reorganized financial statement analysis with the existing index of the financial situation of X Foundation, and with the help of principal component analysis to improve and optimize the original financial statement analysis index system, in order to provide an optimized indicator system for X Foundation’s financial statement analysis. The main contents are as follows:Firstly, the theoretical basis of foundation’s financial statements analysis. Taking analysis of financial statements for the theme, through summary and reference of existing research results, making a detailed analysis of the theoretical methods and Technology Foundation financial statement(including principal-agent theory, stakeholder theory, and principal component analysis theory), to clear and definite the theoretical framework Foundation of financial statement analysis.Secondly, current situation analysis of X Foundation’s financial statements. X Foundation, for example, in order to clarify the characteristics of X Foundation and mode of operation, respectively in terms of overall size, financing capability, operational capacity, solvency, ability to develop the Foundation’s financial statements for the dynamic analysis, and analyze the existing problems of financial statements of presence indicators.Thirdly, X Foundation’s financial statement analysis index system optimization. Making, a detailed exposition of ideas and principles of Indicators optimization, with the two parts, based on indicators of financial statement analysis considering the overall size, financing, operating capabilities, solvency and ability to develop other aspects of the Foundation. Combing the help of Principal component analysis, to make a optimization of the original X Foundation’s index system, and give a detailed analysis of the results.Finally, based on the research results, combined with current development of X Foundation, explained the implementation proposal to protect the financial statements of the Foundation X indicator system: specificating Foundation financial reporting system, improving the internal control system of the Foundation, building exterior supervision system of, and optimizing interactive system of social foundations.