Research On Identification,Measurement And Control Of Financial Risk Of Company A

Agriculture is the foundation of national economy related to the steady of society and the development of economy,and a strategic and basic industry in our country.The large number of agricultural companies are necessary to realize the modern development of agriculture in china.The agricultural companies in new era is speedily upgraded and transformed from traditional mode to modern companies with a certain productive,processing,operational and research and development capacity,which is the important content to promote the construction of agricultural modernization system.However,affected by the planned economy in the past,the agricultural companies were large in number,small in scale,and weak in marketing awareness.Meanwhile,there were no advantages in marketing concepts,competition and quality,technology,and the method of production and management.Additionally,the state made a certain sustainable policies for supporting the agricultural,once these policies are adjusted,there may 'some impact on the companies,leading to larger financial risks for agricultural companies.Recently in agricultural companies,the performance has been greatly declined,the diversification development has been frustrated,plus a large number of identical products,resulting in difficulty of operating decisions and market competition.There are many reasons for these problems,but one of the important reasons is the lower management level,incorrect understanding of financial risks,weak awareness of management for financial risk and inadequate financial risk control system.Therefore,analyzing,researching and discussing the financial risks of agricultural companies will be benefit for the adjustment of self-behaviour,reducing the financial risks and promoting agricultural industry development in China.Based on the correlative theories of financial risk,it takes A company,which is a representative of listed agricultural companies as the research object to analyze the index data of financial statements ad special business processes.Through the identification,measurement and control research for financial risks,it found two following problems in this risk system.First,from 2015 to 2017,A company faced many financial risks,including poor short-debt paying ability,low asset turnover level,down competitiveness of major products,large investment of new products,and difficult transformation.Meanwhile operating method is diverse but increasing the financial risks.Second,A company is passive in identification and control of financial risks,and there are some defects in the control system,response capacity and management department,etc.Then aiming to the above problems,strategy and suggestion are proposed to optimize the financial risk control of A company improve its management level,enhance its capability to withstand risks and promote the competitiveness and sustainable development.The innovation and feature of this theme is to study the special case of A company from three points and five aspects in accordance with the mature theory of foreign financial risk,and put forward to the practical strategies.Among these,the three points include identification,measurement and control,while the five aspects include financing risk,investment risk,capital withdraw risk,division risk of income and innovation risk of agricultural products.The innovation risk of agricultural products is a special financial risk for agricultural company,which is also of great practical significance for other companies to improve their management awareness and efficiency of financial risks,and far away from financial crisis.