Research On Financial Risk Evaluation Of Mengneng Bidding Company Limited

Along with China's market economic system reform deepening, more and more corporate investors and business owners are concerned about the potential risks which are existed in companies. Since the State Council issued the state-owned enterprises need to further inform enterprise risk management, it can be seen, the venture has become the cornerstone of healthy development of enterprises. The improvement of risk management level for companies can not only enhance the overall management level of companies, but also ensure the long-term development of the companies, which can enable companies to adapt to the changing external environment, especially in the international economic and trade integrated environment. In the process of reconstruction of the state-owned enterprises under the market economy, due to the imperfect external oversight mechanisms, property rights mechanism and governance structure,the accounting business information authenticity of bidding companies reduces which causes a serious loss of state assets. Under the management of bidding companies, the accounting business occupies a very important position, which directly determines the growth trend economic efficiency of enterprises. Therefore, the in-depth analysis of the risk of the bidding companies accounting situation may has great significance.In this paper, Mengneng bidding company in Inner Mongolia is applied to do the evaluation research. Firstly, the concept, characteristic of accounting risk are introduced to analysis the financial status of Mongolian companies. Then, the models of financial risk assessment which contain fuzzy analytic hierarchy process are come up with in this paper. Thirdly, after adopting the supervision and control of the company's financial indicators, the proper financial evaluations are selected and a more comprehensive and systematic financial risk assessment system for tender business is build. In considering the evaluation method and evaluation characteristic features of the object, based on the using of fuzzy analytic hierarchy process into evaluate financial risk, a multi-level financial risk assessment model is established, and the financial risk of Mongolian company is reasonably evaluate. The results show that the company is under a low risk financial state. Finally, with the consideration of Mongolian company actual situation, this paper put forward the measures to prevent and control financial risks in the hope of providing scientific and effective financial risk management for the bidding company.