Research On Prevent & Control System Of Financial Risk For State-owned Enterprise

The factors that lead to the financial risk of the state-owned construction enterprises mainly from two aspects: internal and external aspects of the enterprises. External factors mainly refer to the increasing cost of the construction, stricter standard of environmental protection, severe competition of architecture market, huge destruction of all kinds of factors, price, monetary policy, interest rate and exchange rate, etc. Internal factors briefly lie in four aspects, that is, decision-making, management, staff and financial problems. In addition, the period of construction project is another important cause to financial crisis of construction enterprises.As for how to prevent and control financial risk, scholars both at home and abroad have made much detailed and meaningful research from the perspective of many aspects. These include establishing financial prevention and warning models, strengthening corporation government, constructing scientific decision-making system, adopting certain approaches of distributing, avoiding and transferring risks to prevent financial risk. As the project is the whole income of construction enterprises and the main constitution of monetary output, and it is important and urgent for the state-owned construction enterprises to improve project management and control project risk, the paper put forward that we should establish project-central system of financial risk prevention and control.There are three main ways to solve the problem. The first one is the uncertainty analysis of construction project. The second one is the risk management of construction project. The last one is to establish project risk prevention and control system according to schedule. We should make the construction project profitable as much as we can through doing well in bidding and quoting of the project, raising capital, carrying out construction contract, managing construction cost and other procedures. By doing these, we can prevent financial crisis of the enterprises eventually.The paper also holds that strengthening the motivation and restriction system and quickening the construction of talented staff of the enterprises have profound influence on the prevention and control of the financial crisis of the state-owned construction enterprises.