Research On Financial Risk Evaluation And Control Of A Company

With the advent of intelligent economy era and the increasingly drastic competition in the market,the manufacturing industry is faced with great changes.As an indispensable part of the world manufacturings the wine,beverage and refined tea manufacturing is facing great opportunities as well as huge challenges.Due to the influence of policies,the overall environment of the industry has improved in recent years.However,there still exits large financial risks.Under such background,it is self-evident to improve the financial risk awareness of enterprises.This paper takes company A as an example to analyze its financial risks,which is a company belongs to the wine,beverage and refined tea manufacturing.Firstly,the definition of financial risk and relevant theories are expounded and then the theoretical basis is provided for the follow-up research by sorting out the research status at home and abroad.Secondly,industry characteristics and the basic situation of company A are introduced and the basic financial situation of company A is understood through the report analysis method.In addition,according to internal and external risk,specific financial indicators to identify the company's financial risks are analyzed and the causes of risks are dissected.Thirdly,14 representative financial indicators are selected according to the actual situation of company A.Then,a financial risk evaluation system is established for the whole industry including company A by using factor analysis method.The self risk ranking of company A and its financial risk ranking in the industry over the years are also obtained.The results are basically consistent with the identified financial risks mentioned before.The industry including company A is faced with financial risks to a certain extent and there is great risk of cash flow for company A.Finally,according to the financial risks identified in the analysis and evaluation process,the corresponding control measures and safeguards to ensure the implementation of the control scheme are put forward.The effective development of financial risk assessment and risk control can improve the company's ability to resist financial risks.Based on the understanding of the background and financial status of company A,this paper constructs a financial risk evaluation index system which is on the base of factor analysis method.This system objectively evaluates the financial risk of the industry and then strengthens the monitoring of the financial risk of company A.Next,combining with the actual situation of the company,this paper proposes some financial risk control measures with certain reference value and hope to improve the financial risk prevention level of company A and promote its long-term development.