Research On Financial Risk Control Of Yunnan S Company

With the adjustment of China’s industrial structure and the supply side structural reform,as well as the national high-quality development requirements,Chinese enterprises have shown a thriving scene of diversification,science and technology,and innovation,which has effectively promoted the high-quality innovative development of China’s social economy.But at the same time,due to the continuous emergence of new situations,new environments and new things,enterprises are facing various risks in the fierce market competition.In particular,the demand and management of financing,investment and working capital stimulated by the highspeed development of Chinese enterprises have further increased the business risks of enterprises,especially the financial risks.As a core index to measure and restrict the sustainable and high-quality innovative development of enterprises,financial risk has always been attached importance by the state,enterprises and the public,especially the internal control system in financial risk control.Therefore,the Ministry of finance,China Securities Regulatory Commission,the National Audit Office,China Banking Regulatory Commission and China Insurance Regulatory Commission jointly issued the basic norms of enterprise internal control,which laid a solid foundation for comprehensively standardizing internal control and preventing various risks.At present,some companies in China blindly pursue diversity,scale and innovation,resulting in high financing amount,heavy interest burden,great pressure on repayment of principal and interest,and high financial risk.How to effectively solve the problem of corporate financial risk is imminent.According to the internal control theory,enterprise risk management theory and optimal capital structure theory of financial risk control,this paper applies the research and analysis mode of integrating standard research and analysis with practical application case study and analysis.Firstly,it sorts out and summarizes the research and analysis literature of domestic and foreign experts and scholars on financial risk control;Secondly,taking Yunnan s company as the practical application case,through the research and analysis of its financial reporting data and specific business processes,it is found that s company has multiple financial risks;Finally,the paper puts forward corresponding solutions to the financial risks of Yunnan s company,hoping to provide reference for improving the financial risk control ability of S company.Through the research of this paper,it is of certain significance to enhance the comprehensive ability of S company to control financial risks and objectively predict the possible financial risks to promote the stable development of S company.In this paper,the author hopes to provide reference for companies facing the same adversity and improve their financial risk control ability through the research and Analysis on the financial risk control of S company.