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Research On Fiancial Risk Control In Honduras Port Project

Posted on:2021-01-02Degree:MasterType:Thesis
Country:ChinaCandidate:J WangFull Text:PDF
GTID:2492306314482784Subject:Master of Accounting
Abstract/Summary:
At present,China’s construction industry is faced with more and more serious problems,such as fierce competition,saturation of domestic market and complicated economic environment.At this time,the overseas construction market is particularly attractive.It has attracted many powerful state-owned construction enterprises to "go out" in response to the call of the motherland.The accompanying financial risk related problems of overseas engineering projects are increasingly prominent.Although some experts and scholars have focused on the financial risk control sector of overseas construction market,but many aspects and possibilities are waiting to be tried and explored.The Honduras port project is taken as the research object.Delphi method and financial statement analysis method are adopted to evaluate financial risks.The comprehensive analysis shows that the main financial risks cover capital,tax,foreign exchange and cost control,and then the financial risks are ranked by checking table method and probability analysis method.The reasons for the above problems mainly lie in the lack of financial risk early warning mechanism,the lack of capital risk control due to the poor liquidity of assets,the lack of timely communication and the low efficiency of tax and foreign exchange risk control,and the lack of overseas work experience of managers.In this paper,based on the financial risk early warning theory,through the construction of early warning and control system,the technical control and system control method is adopted to the current project financial risk control problems existing in the corresponding treatment.Although overseas engineering project can’t do absolutely eliminate financial risks,but any financial risks occur there must be a warning signal,and there is a process for the risk broke out,therefore,this paper puts forward the honduran port project financial risk early warning and control scheme,let the financial risk recognition and evaluation when they arrived,the first time to judge how to deal with,reduction of unnecessary economic loss to the greatest extent,also is the key that need to be addressed.
Keywords/Search Tags:Overseas engineering projects, financial risk early warning, financial risk control
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