Research On Risk Evaluation Of The Appraisal Firm

The Appraisal Law implemented on December 1,2016 opened a new stage in the development of the Appraisal industry.In order to comply with the specific implementation of the Appraisal Law,the Ministry of Finance officially issued the supervision and management measures on April 21,2017.In addition,the Ministry of Finance In 2017,the CRIC revised the 27 criteria for asset valuation.Coupled with the implementation of supply-side structural reforms in recent years and the strengthening of capital market supervision,the new situation environment of the asset assessment industry has brought opportunities and challenges to asset valuation agencies.The asset valuation industry is a high-risk industry.Once a practicable risk event occurs,it will hinder the development of Appraisal organizations and the entire industry.Therefore,in order to assess the healthy and orderly development of the asset assessment industry and to protect the interests of Appraisal institutions and their employees from harm,this paper actively explores methods that can effectively evaluate the risk,scientific and rationality of Appraisal institutions.The core of this paper is to analyze the risk assessment of Appraisal institutions under the new situation,to find a risk appraisal method suitable for Appraisal institutions,and then establish a set of risk appraisal index system for Appraisal,and use improved grey fuzzy comprehensive evaluation.The method constructs the risk assessment model of the Appraisal institution,and finally verifies the feasibility and applicability of the risk appraisal model through the case,and puts forward some feasible risk prevention measures.Firstly,this paper defines the related concepts of risk management,and analyzes the generation and development process of risk management theory in detail.Secondly,it summarizes the existing enterprise risk assessment methods,and analyzes the problems existing in the existing enterprise risk assessment methods and follows them.On the basis of relevant principles,the risk evaluation method suitable for the characteristics of asset evaluation institutions is determined--the gray fuzzy comprehensive evaluation method;again,the principle of the risk evaluation index system of asset evaluation institutions is systematically analyzed,and the new situation is analyzed in detail.After the risk assessment of the Appraisal organization,the risk appraisal system of the Appraisal institution is established from the aspects of social expectation risk,legal and regulatory risk,market risk,internal governance risk,operational risk and financial risk,and the Grey Fuzzy Comprehensive Evaluation Model is improved.The main improvement is to combine the analytic hierarchy process and the entropy weight method to comprehensively determine the weight of the indicators.Finally,the asset evaluation agency risk assessment index system and the improved Grey Fuzzy Comprehensive Evaluation Model established in this paper are applied to the X-asset evaluation agency.Risk assessment The evaluation results also verify the operability and effectiveness of the risk assessment indicator system and the risk assessment model,and based on the evaluation results,from social expectations risk,legal and regulatory risks,market risks,internal governance risks,operational risks and financial risks.Six specific risk prevention measures were proposed.The research results in this paper show that under the new situation of asset assessment industry,asset assessment agencies will usher in good development opportunities and greater challenges.High returns mean high risks,so research on risk management in asset valuation agencies is not a problem.On the one hand,this paper analyzes the environmental changes and risk changes under the new situation of Appraisal institutions,and follows the principles of scientific rationality,relevance and objectivity,and builds a risk evaluation index system suitable for asset valuation agencies of various scales;By analyzing the advantages and disadvantages of each enterprise risk assessment method,this paper selects the gray fuzzy comprehensive evaluation method suitable for asset evaluation institutions and improves it,and strives to obtain the risk evaluation results of asset evaluation institutions efficiently and accurately,and validates the model through case analysis.Applicability to asset valuation agencies.There are three main innovations in this paper: first,research perspective innovation,the existing literature on risk assessment methods and asset assessment agency risk research is very lacking,this paper improves the research in this area;second,the risk assessment index system innovation,The existing asset assessment agency risk assessment indicator system lacks a large amount of empirical data and rarely combines with the current assessment environment.This paper combines the literature,expert discussions,interviews and questionnaires to evaluate the new situation of the industry and build the final Asset evaluation agency risk evaluation index system;third,risk assessment model innovation,the gray fuzzy comprehensive evaluation model constructed in this paper combines subjective analytic hierarchy process and objective entropy weight method,so that the weight of indicators can be determined more comprehensively and objectively.In addition,this paper analyzes and summarizes the general calculation formula of the grey fuzzy comprehensive evaluation method,which provides convenience for the risk management of asset evaluation institutions.