The Study On CNPC Financial Risks Management&Internal Control

This paper describes the cause of financial risks, the management and control mode of financial risks. Combined with practical experience home and abroad, it makes an analysis and study of Chinese three m ajor petroleum firms, especially the current condition of the management and control of China National Petroleum Corporation (CNPC) financial risks, and points out the improper method in CNPC According to that, this essay formulates basic procedure for the management and control of financial risk, identifies the financial risk in CNPC, picks out the key evaluating factor, assesses the risk evaluation indicator system and have a quantitative assessment of CNPC's financial risk under the AHP method and financial risk fuzzy comprehensive evaluation model based on Grey Thoery. Based on CNPC'S production progress, the paper gives the general solutions, the detail methods and the ensuring measure.. Other firms can reference this paper's experience.