Research On Financial Risk Early Warning And Control Mechanisms Of A Chemical Sales Company

With the deepening of the economic exchanges between China and othercountries, China’s chemical sales enterprise is facing increasingly fiercecompetition, the going concern assumption in the traditional financial theorygradually loosened, enterprises are facing increasing uncertainty, the people ofthese uncertainties understanding of the limitations, will inevitably produce afinancial crisis.At present, domestic and foreign enterprise financial risk warning hasbeen made in a series of achievements. Foreign financial risk warning theoryalready has sufficient attention and achieved more mature early warning model.Domestic financial risk early warning theory starts lately, mainly empiricalresearch to draw on foreign warning model and validated the model validity.Overall, the financial risk early warning model have been some achievements,but the lack of financial risk early warning and control mechanisms, there is no specific chemical sales enterprise financial risk early warning and controlmechanisms. Therefore, the study of chemical sales enterprise financial riskearly warning and control mechanism is very important.In this paper, with the financial early warning theoretical efficiencycoefficient method, financial early warning theory research, combined with achemical sales company, industry characteristics and financial data, seeking toestablish suitable for Company A’s financial risk early warning and controlmechanisms, and in accordance with the establishment of the mechanism forthe financial risk profile of the Company A risk control strategy. The paper isdivided into five parts:Part Ⅰ is the introduction. This section introduces the research background,the purpose and significance of the research. This part has reviewed research athome and abroad on the Enterprise Financial Early Warning and Control, andon this basis, to clarify the content and research methods.Part Ⅱ is the theory of financial risk early warning. First introduced thetheory of financial risk, defined the concept of financial risk, and analyze thecharacteristics and causes of the financial risk. Then expounded the theory of financial risk early warning, and carried out a detailed analysis of the functionsand composition of the financial risk early warning system. Discusses aspectsof corporate financial risk control, and pointed out that the control objectivesand control principles of financial risk.Part Ⅲ is the financial risk analysis of A chemical sales company.Company A first brief introduction, and then analyzes the company’s financialrisk A, divided into two parts expand, on the one hand, the analysis of thecurrent economic environment, designed to clarify the risks of environmentwhere Company A company, another aspect of Company A specific financialindicators to identify the problems in the company’s own financial position.Finally, the police source analysis.Part Ⅳ is to build A company’s financial risk early warning and controlmechanisms. A company’s financial risk early warning indicator system firstconstructed, based on the use of improved efficacy coefficient method toevaluate the company’s financial risk. A company financial risk controlstrategy.Part Ⅴ is the Full Summary and Prospect. This section is a summary of the full text part, first draw the main conclusions of this article, this article thenpointed out that the two inadequacies and innovative point where the last twopoints of research prospects.