A Systematic Construction Of Financial Risk Evaluation And Control For Our National Colleges And Universities

The national colleges shouldered important task of our country's higher education, and its development condition has an immediate influence on the people's overall quality enhancement and the economy construction of nation. Along with the national college's large-scale increased enrollment being started, its infrastructure and condition cannot follow the demand of student recruitment, lead to the obviously of insufficient construction funds, produces and intensifies the financial risk. The financial risk's caused a huge impact on the college, and directly affected entire construction and the development of higher education. This will be a stern question for the national college's survive and development at present stage and even the future.National colleges may face many kinds of financial risk, among them the most remarkable ones is the debt redemption risk which caused by the fund raising channel's multiplication and the operational risk leaded by the improper use of foreign investment fund or the unreasonable structure, these risks have had the huge impact on the development of national colleges. Therefore, the question of financial risk control has been more and more taken noticed of by the colleges' finance superintendent. However, the research of our national colleges'financial risk question is still at an initial exploration stage, analysis on production and conduction mechanism of national colleges'financial risk lacks systematic research; the appraisal indicator system of colleges'financial risk didn't have a unification and authority's system; and the analysis of colleges financial risk control policy also lack of systematic research.This article based on our country's national colleges and universities own characteristic, through the thorough investigation, analysis and reorganize of the material, concluded the reason which the university financial risk produced. Also, through the experience from the business finance risk control, this article studied the control method of our country's national colleges'financial risk, exposed the hidden danger of financial risk promptly, and proposed a new financial risk control mode.In prerequisite of didn't change the existed receipts and disbursements to realization accounting system pattern and frame of university, designed a index reflected colleges'business capacity and the credit capacity, using the Z scoring model built a finance caution system to valuate national colleges'financial risk. Moreover, it makes the case empirical analysis by the H college's final finance accounts data in the year 2006-2008,calculated three years'financial risk index of this college, and establishes the H college's financial risk early warning mechanism by this quantification index, rated H college's financial situation and the operational risk synthesize and objectively, puts forward the countermeasure proposal of H college's financial risk control.And, in the final stage, carries on the H university's case to the promotion, unifies the particularity and the financial risk control present situation of our country's colleges'financial risk, proposed target-oriented countermeasure for the financial risk control of our nation's colleges, and have a certain benefits for the Financial Risk Management of national colleges.