Study On The Role Of Audit Of Financial Risk Controlling Process In The Enterprise

Financial risk is the accounting, management of the hot issues academia. The narrow sense refers to the financial risk is the use of debt capital and the proceeds arising from uncertainties in the future under the additional risk, if a good business, making business investment rate of return than the interest rate liabilities, then the interests of access to financial leverage, if the poor business, making business investment yield interest rates of less than liabilities, the loss of access to financial leverage, and even lead to corporate bankruptcy, this uncertainty is borne by the enterprise to use the balance of financial risk. Financial risk is a broad sense refers to the external business environment and as a result of a variety of difficult to predict or factors beyond its control, in a certain period of time, so that the actual financial gains occurred with the expected departure from the financial benefits, thus the possibility of loss. It is the financial management activities from the enterprise-wide view of the overall financial process and starting to define the concept of financial risk.Although the management of internal control carried out in full swing in foreign countries, has entered a stage of risk management, but by 2004 domestic basically in a wait-and-see state, most enterprises did not establish effective internal oversight mechanisms or to carry out the work of internal oversight, implementation of Internal Oversight enterprises are mainly achieved through the audit department to rely on the management of the perpetrators or the consciousness, which makes the internal monitoring into a non-continuous, and excessive reliance on personal experience and financial officers of their professional and ethical standards , it is difficult to form a standardized and effective system of internal control. Therefore, improving the enterprise's financial risk is the ability to control the direction of control point will forward the financial sector from "Tinker" to "early warning aircraft," through a strong financial auditing, financial management will be extended to each business segment return to the financial management of the supervisory function should be to achieve the financial management of business process control.In this paper, the theoretical risk to the financial sector, the latest research results to start, first of all to introduce the type of business and financial risk measures, and then combined with China's oil marketing company in South China is currently the work of auditing the financial situation at the present stage of our group companies in the financial risk control aspects of the work carried out to review the final on enterprise's financial risk management theory the next step forward in the direction of vision, and strive, through a combination of theory and practical way to control risk in the financial audit process to conduct a comprehensive analysis of the role.