Research On Financial Risk Early Warning And Prevention Of Wantong Foundation

The non-public offering foundation,as a new force for social organizations,has been developing rapidly in the past 10 years.It plays an irreplaceable role in promoting the benign adjustment of economic structure and social structure,leading the social charity culture,promoting the modernization of national governance and making up for the failure of government.However,both the external development environment or the internal governance environment of the non-public endowment fund have great defects,and the development of non-public funds has been contained.In terms of external development environment,China lacks a favorable tax environment for non-profit organizations.The development of non-public funds has the limitations of industry characteristics,Macro environmental changes have been a major blow to individual foundations,Government support and regulation are inadequate,Shortage of professional resources,The degree of complete information is not high,In terms of internal governance environment,the non-public endowment fund has problems such as governance chaos,lack of performance evaluation system,heavy expenditure management and neglect of financial risk prevention.In the current situation,in order to guarantee the implementation of the non-public foundation's mission,the foundation financial risk consciousness,strengthen financial risk identification ability,build a foundation of financial risk early warningsystem is particularly important.Based on the study and research of NPO financial risk early warning and prevention related content on the basis of fully combined with the actual situation of non-public funds industry characteristics,macro development environment and Wantong foundation,financial risk division will Wantong Foundation's financing risk,expenditure risk,investment risk and other risks;then,for the analysis of financial data for nearly five years from the four angles,found high financial risk Wantong foundation,and further analyzes the causes of risk.According to the above four categories of risk selected corresponding financial index,using the improved efficiency coefficient method for Wantong foundation established the early warning system of financial risks on the basis of the evaluation system to judge whether the fund in the financial crisis and assess the severity of the crisis,the results show that Wantong foundation in the financial risk level in 2011 for the giant police.In 2012 2013-2015 for the light alarm,alarm,which in recent years Wantong foundation of financial risk are at a higher level;finally,the article from the investment and expenditure,internal governance and information disclosure and other aspects of the Vantone foundation put forward suggestions to prevent financial risks.