Research On Financial Risk Assessment And Control Of Technical Colleges

Under the new situation,skilled talents demand continues to increase and the technical education developed rapidly,state funding have been unable to meet the needs of the technical colleges massive expansion.As a result,the technical colleges funding sources are more diversified,and they are facing growing financial risks,so the technical colleges financial management is also put forward the higher request.The new development characteristics remind us that we must strengthen prevention and control in the operation of the increasing financial risks,and improve the financial management ability to realize the sustainable development.This paper takes the meaning,characteristics and performance of financial risk as the breakthrough point,the types and characteristics of financial risks in technical colleges are analyzed and explored,and then the internal causes are discussed.By learning from the research results at home and abroad,listen to the opinions of financial management personnel of Technical Colleges,and in combination with the development characteristics of technical colleges in the new situation,the principle of establishing financial risk evaluation index system in technical colleges is determined,they are scientific,feasible,systematic,comparable and dynamic principles.Then according to these principles,the financial risk evaluation index system is constructed,through the analysis of 17 specific indicators in the four aspects of solvency,operation ability,profitability and growth ability of technical colleges,the financial risk of the schools is evaluated.On the basis of the above research,we use efficiency coefficient method to construct the financial risk early warning model in Technical Colleges and weighting each index by Delphi expert scoring.In order to further verify the rationality and feasibility of the model,we take SDJS College as an example,through the analysis of 2017 and 2018 financial data of the college,extrapolate the financial risk profile of the college in 2017 and 2018.Finally,in the face of increasingly complex financial risks,we put forward some measures to prevent and control financial risks,such as the optimization of budget management,the optimization of internal control system,the refinement of financial management and the informational of financial management system,to better cope with financial risks and achieve sustainable development for Technical Colleges,and cultivate more high-quality skilled talents for the society.