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Research On Optimization Of Financial Risk Management In M ??Higher Vocational College

Posted on:2019-09-29Degree:MasterType:Thesis
Country:ChinaCandidate:J J ZhaoFull Text:PDF
GTID:2437330548981303Subject:Business administration
Abstract/Summary:PDF Full Text Request
At the end of the 20th century and the beginning of the 21st century,China's higher education has completed the transition from the development stage of elite education to the development stage of popular education,achieving a rapid expansion of scale,a gradual increase in the level of running schools,a substantial increase in funding,and improved conditions for running schools.In the process of rapid development and expansion of higher education,funding shortages have once become the focus of attention.At the same time,the "Law of the People's Republic of China on Higher Education" conferred on the qualifications of public institutions of higher learning in China and determined its autonomy in running schools.As a result,public universities in China have also assumed corresponding civil responsibilities,turning them from risk-free management to risk management..Under diversified funding methods,the proportion of self-financing funds in public colleges and universities in China's public schools is increasing.However,due to the fact that the funding for running public colleges and universities in our country has always been based on financial appropriations,there has been a lack of funds to open source and reduce expenditures.It is important to note that the awareness of financial risk prevention is even weaker.Once problems arise in the operation of funds,public universities will fall into financial crisis.Therefore,in order to adapt to this new financial management environment and to control financial risks,colleges and universities should reform the financial governance structure,improve the internal control system,raise awareness of risk prevention,and finally achieve sustainable development of colleges and universities.M College is a provincial public vocational college with the main purpose of cultivating new types of scientific and technological talents in agriculture and animal husbandry.Under the leadership of the College Secretary and Dean,M School has set up a Planning and Finance Department internally to handle the college's budget preparation and capital operation.,asset management and risk control and other matters have formed a system with financial risk management.However,due to the irrational capital structure,imperfect budgeting system,and imperfect internal control systems,the financial risk of M College has been gradually expanded,and it has gradually had a negative impact on the sustainable development of the college.Therefore,increase the proportion of M-School's equity liabilities;strengthen the implementation of the budget;strictly control the operation of assets,so as to enhance the connotative development of M-school.By studying the theories of financial risk management,internal control,and early warning of financial risks,this paper combines inductive characteristics,literature research methods,comparative research methods,and qualitative analysis methods with the characteristics of the province's public ownership of M-School to deeply analyze the capital operation and financial risks.The logical relationship between the two is to explore the establishment of a financial risk management system in which the M-College is based on the Dean's Responsibility System and integrates the three dimensions of the capital structure,budget preparation,and internal accounting control system.On this basis,this paper proposes to establish a risk early warning model,based on the cash flow statement,and through the changes in the specific influencing factors of each item in the cash flow statement,to identify the weak links that cause risks in financial activities.In order to strengthen the management of financial activities so as to achieve the purpose of preventing and controlling risks,and promote the healthy and sustainable development of M College.
Keywords/Search Tags:financial risk, financial risk analysis, optimization strategy and prevention, financial early-warning
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