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Research On Financial Risk Early-wraming Mechanism Of A Public Institution In Shandong Province

Posted on:2017-12-04Degree:MasterType:Thesis
Country:ChinaCandidate:J G HanFull Text:PDF
GTID:2429330596956632Subject:Business Administration
Abstract/Summary:PDF Full Text Request
In recent years,a large number of systems,methods and reforming measures related to financial management in public institutions have been enacted to reform fiscal expenditure agencies.A complete public finance management framework has been constructed through department budgeting,government procurement,and treasury centralized paying system.With the public finance management framework,the fiscal fund use efficiency in administration and public institutions should be improved,financial and moral risks in economic activities should be avoided,which is also a new requirement of financial risk prevention in public institutions.Most Chinese public institutions are small sized with short history and weak financial management basis and experience.In face of in-depth financial reform and corruption prevention requirements,vulnerability in financial risks prevention has been displayed.In this circumstance,how to prevent financial risks in public institutions and build up financial risk early-warning system has become focus in the reform.With reference to the previous financial risk early-warning models,financial risk early-warning mechanism should be built to early locate sources of risks,reduce probability of financial risks,improve scientific,standardization and legalization levels and build up long-term financial risk prevention mechanism in public institutions.The thesis studies a public institution in Shandong province.Financial risks in the institution are researched on and analyzed with reference to previous financial prevention early-warning models.In the research,key financial warning indexes are sifted out and financial risk early-warning mechanism is established to detect sources of risks and prevent present risks,providing references to financial risks reduction.Establishment of financial risk-warning mechanism in the public institution has significant meanings to financial management system development in all public institutions.
Keywords/Search Tags:Public Institutions, Financial Risk, Early-warning Mechanism
PDF Full Text Request
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