Research On Optimization Of Financial Risk Control System Of H Province Electric Power Co.,Ltd

Nowadays,with the continuous reform and deepening of the market economic system,the company is facing the baptism of survival of the fittest.At present,the management of many companies can not effectively forecast and control the daily business development process of the company and the financial management of serious impact on the development of social and economic benefits of the company’s various risks.At present,in China,there are many research issues related to the overall financial management risk management system of the corporate financial management industry and the real estate development industry,and there are few researches on the financial management risk management of large power transmission companies.The power reform,which took effect in March 2015,will also have a negative impact on the operations of China’s network operators.Network operators must adapt to increasingly stringent regulatory requirements.In recent years,the National Regulatory Commission of the State Council has paid more attention to the risk control and investment control of energy companies.The State Council,the National Development and Reform Commission and the Energy Administration oversee the investment and pricing of the power grid,stepping up inspections at the central and local levels,and the inspection authorities at all levels carry out strict inspections on the power system.These put forward higher requirements for public utility companies to improve their risk control mechanism and strengthen risk control management,therefore,power grid companies need to strengthen the establishment of financial risk management system,and improve the understanding of financial risk prevention and management skills.This paper analyzes the elements of risk management theory and COSO risk control framework.H Provincial Electric Power Co.,Ltd.is used as a case study to evaluate the status quo of the financial risk control system of H Provincial Electric Power Co.,Ltd.Use the risk management organization’s functional system for identifying,measuring,controlling and evaluating financial risks to describe and analyze problems and their causes in detail.Combined with the above contents,the optimization strategy of the financial risk control system of H Electric Power Co.,Ltd.Advice.Combined with the theory of risk management system,this paper puts forward the basic governance system,risk control mechanism,risk control process of key financial areas,the specific optimization strategy of the problem correction of financial risk control and risk prevention mechanism of H power company.Advice.Finally,the expected effect and implementation guarantee of the optimization of the financial risk control system of H Power Co.,Ltd.Explanation.Clarify the impact of improving the quality and level of the company’s financial risk management,better dealing with various risks,promoting the effective operation of the risk committee,strengthening staff training and development and establishing the risk management information system.