Relevant Systems To Prevent Financial Risks Of Enterprises

Preventing and evading financial risks is not only a matter of an enterprise, a region or a department, but a very important and arduous task of the whole society. Leaders of all levels of Party and government and leading enterprises must take this work as a matter of great importance to the overall situation, follow the economic laws, establish a sense of financial risks, clear up the root of the problem, take comprehensive measures to deal with them, take strict management and standardize their operation, establish and improve the binding mechanism that fits the requirements of the market economy, and reduce the interference and influence of the factors such as administrative interference, so as to create preconditions for enterprises to avoid financial risks.

First, we must do a good job in building the internal control system of enterprises, ensure that the financial risk early warning and monitoring system is sound and effective, and build the first line of defense against and defusing financial risks. Two, we should clarify the supervision procedures of enterprise financial risks, distinguish the responsibilities of supervision and carry out the hierarchical responsibility system. The three is to establish and standardize the financial risk statement analysis system of enterprises, do a good job in monthly liquidity analysis, quarterly asset quality and corporate debt ratio analysis. Four, we should give full play to the positive role played by public accounting firms, law firms and asset appraisal offices in the supervision of financial risks.

Whether financial decisions are right or not is directly related to finance. Management work The success or failure of experience, decision-making and subjective decision will greatly increase the possibility of making mistakes. In order to prevent financial risks, enterprises must adopt scientific decision-making methods. In the decision-making process, we should give full consideration to various factors that affect decision making, try to adopt quantitative calculation and analysis methods and apply scientific methods. decision-making model Making decisions.

According to the data released by the National Bureau of statistics, from January 1998 to November, the financial cost of state-owned deficit enterprises was 53 billion 200 million yuan, of which interest expense was 51 billion 700 million yuan, accounting for three of the total financial expenses of 97%. countries. In 1998, the interest rate of enterprise loans was reduced. In this case, the financial expenses of state-owned deficit enterprises still increased by 16%. compared with the same period last year. The main reason is that state-owned enterprises have too many liabilities. In this case, if we want to dissolve the financial risks of enterprises, the state must formulate corresponding policies to reduce the debt stock of enterprises. For the poverty-stricken enterprises, the interest rate can be suspended or the preferential interest rate will be reduced.

In order to effectively prevent possible financial risks, enterprises must set up and improve corporate financial risk defense mechanism from the long-term interests. The main measures are: (1) actively participate in social insurance, establish and improve the risk transfer mechanism of enterprises. (2) implement one industry as the main line of diversification, establish and improve the risk diversification mechanism of enterprises, and promptly disperse and dissolve the financial risks of enterprises. (3) establish and improve the provision system for bad debts of enterprises, and appropriately raise the extraction ratio of reserves for bad debts. (4) establish and improve the accumulation and distribution mechanism of enterprises, and supplement their own funds in time and in full, so as to enhance enterprises' resistance to enterprises. financial risk Ability.

Although the macro environment of financial management exists outside enterprises, enterprises can not exert influence on them, but it does not mean that enterprises will do nothing in the face of environmental changes. In order to guard against financial risks, enterprises should carefully analyze and study the changing macro environment of financial management, grasp their changing trends and laws, formulate various contingency measures, timely adjust financial management policies and change management methods, so as to enhance the adaptability and adaptability of enterprises to changes in financial management environment, so as to reduce the financial risks brought by environmental changes to enterprises.

In order to prevent financial risks, enterprises must straighten out various internal financial relationships. First of all, we should clarify the status, role and responsibilities of various departments in the financial management of enterprises, and give them corresponding powers, so as to really achieve clear responsibilities and responsibilities. In addition, we should take into account the interests of all parties in the interest distribution so as to mobilize the enthusiasm of all parties to participate in the financial management of enterprises, so as to truly achieve the unity of responsibilities, rights and interests, so as to make all kinds of financial relations within the enterprise clear and clear.