| In the new era of China’s economic development,the rapid development of the Internet,the rapid increase of competitors,and the changes in industry policies are affecting the development of telecommunications companies.As a market participant in the telecommunications industry,Z Company is also under pressure from many parties.The direct performance is that its financial situation is not optimistic.Although relying on China Mobile as a powerful group company,Z company as an independent individual must face all kinds of problems in business.The financial early warning system can quickly and directly reflect the financial and even operational problems of the enterprise,and in view of the need for the management of Z company to establish a financial early warning system for its own company,this paper stands on this basis to establish a financial early warning system for Z company.It can provide a reference for other enterprises in the telecommunications industry,with theoretical and practical significance.This paper firstly combs and classifies the financial early warning models and methods by domestic and foreign scholars according to different methods,and obtains the feasibility and superiority of combining the entropy method and the efficiency coefficient method for the establishment of the financial early warning system analysis module.This paper introduces the basic situation of Z company from the aspects of organizational structure and management status of Z company,analyzes the financial status of Z company and analyzes the causes of financial risks from three aspects of financing,investment and operation.According to the status of financial warning work of Z company Raise the problems in the management of financial early warning.These lead to the feasibility and necessity of Z company to establish a financial early warning system.Then,from the four modules of organizational structure,information transmission,police analysis and risk processing,a financial early warning system was constructed for Z company.In the police analysis module,the first step selects the financial early warning indicator,the second step uses the entropy method to objectively screen the indicator and empowers it,the third step uses the power factor method to establish the financial warning standard value,and the fourth step is the financial warning.The level is divided.After constructing the financial early warning system,Simulate the operation of the financial early warning system at the end of2017,the indicator data of 2013-2017 was substituted into the financial early warning analysis module,and the results of Z company’s financial warnings with different degrees of existence in 2013-2017 were obtained.Based on the results,the corresponding analysis was carried out.Finally,from four aspects,the measures to ensure the good operation of the financial early warning system are proposed.These four aspects include many different points,including: strengthening financial early warning supervision,coordinating financial early warning during the transition period,and improving the management system of the enterprise work system.Strengthen communication and communication between various departments,improve enterprise information management,increase job training for enterprise employees,correct models according to actual conditions,set up financial early warning emergency plans and corresponding reward and punishment systems. |
