Research On Optimization Of Financial Risk Management System Of Xi'an Economic Development Group

Influenced by the economic globalization,the scale of many domestic businesses is also expanding.Traditional accounting records have been unable to meet the actual needs of enterprises,instead of financial management.As an important governance model of the enterprise,financial management plays a very important role in the late strategic development and strategic decision of the enterprise.However,with the increasing complexity of the market environment,various uncertain factors are also increasing.The risk factors of enterprises are increasing.The corresponding financial risk has also become very complex,and its scale,degree and nature have increased compared with the past.Financial risk is a barometer of the company's financial situation,which can accurately reflect the future development of the group.The good or bad of the financial management directly affects the future development of the group,so the research of this paper is very necessary.In view of this,this article takes the financial risk management system of Xi'an Jingfa Group as the object of analysis,uses certain research methods,combines the actual conditions of the group,analyzes the deficiencies in the existing system,and addresses these deficiencies to the group's financial risk management.The system was optimized for design.Through a series of studies and case studies,this paper analyzes the problems existing in the financial management system and the needs of the reform under the requirements of market laws from the perspective of the particularity of state-owned enterprises,and selects the data for the 2013-2016 financial statements of Xi'an Jingfa Group.After analysis,the main problems in the Xi'an Economic Development Group are obtained: 1)Inaccurate risk identification;2)Unscientific risk assessment methods;3)Inadequate financial warning capabilities;4)Lack of corresponding financial risk management training.Adhering to the principles of comprehensiveness,risk,balance of benefits and cost,combined with the COSO framework,the Xi'an Jingfa Group's financial risk management system has been optimized.First,adjust the financial organization structure,and establish five functions: internal audit,information management,accounting,financial control,and financial management;and in addition,set up an internal regulatory agency of Xi'an Jingfa Group to rebuild the financial risk system identification,measurement,and risk management early warning system..The research on promoting Xi'an ec·onomic development group,the level of financial risk management and the enterprise's overall operation ability has important significance,but also for the other group companies in China to improve financial risk management awareness,improve the efficiency of financial risk management,rich practical experience of financial risk management is also useful.