Research On Financial Risk Assessment And Control Of Small And Medium-sized Company Y

Small and medium-sized enterprises play an important role of China’s market economy.There are a large amount of enterprises of this scale,and most of them have good prospects for development.They are injecting fresh blood into the economic development of our country.As one of the basic industries of national economy and people’s livelihood,the construction industry is also the basic leading industry for the development of various industries.The business of engineering enterprises generally has the characteristics of large amount of investment in the early stage and long time consuming of engineering projects.However,these characteristics are closely related to financial risks such as financing risk and liquidity risk.Small and medium-sized enterprises are often difficult to form a set of perfect financial risk management system due to their limited scale.Therefore,through the research and analysis of financial risk of small and medium-sized engineering enterprises,it is of great significance to put forward some reasonable and effective financial risk control methods for the management and development of enterprises.The paper firstly introduces the related concepts,types,evaluation methods and management theories of financial risk,defines the small and medium-sized enterprises,and establishes the theoretical framework of financial risk control and management.This paper selects Company Y as the case of financial risk,through an analysis of company’s profile,according to the existing financial related data and institution,to identify its existing operational risk,liquidity risk and other types of financial risk,and then uses the analytic hierarchy process to assess the financial risk.Then combined with the actual situation of Company Y and the results of financial risk evaluation,the paper analyzes the main financial risk problems of the company.Finally,the paper describes the suggestions of financial risk control with reference value and universality for similar enterprises.