Study On The Risk Control Of F Province’s Financial Investment Appraisal

Financial investment is a very important part of the government budget expenditure,and it plays a significant role in the promotion of economic development,public goods and services,macroeconomic regulation and control.As a central part of financial function,financial investment appraisal is a considerable means to realize the fine management of financial budget expenditure.In recent years,with the rapid growth of the scale of government financial investment,the appraisal’s volume and scope also will be expanded.However,due to the uncertainties of the financial investment appraisal,such as regulations,systems,technology and others,it can’t make sure that financial funds could be used in a timely,safe and effective way.Therefore,it is necessary to study the risk control of the appraisal,through analysis,to find the reasonable and targeted preventive measures to reduce the risk of appraisal,to maximize the financial funds to the maximize efficiency.In this paper,we adopt the method of combining normative analysis and empirical analysis to systematically study the risk control of F’s financial investment appraisal.First of all,based on the concept and theory of risk control of financial investment appraisal,describe the risk of financial investment appraisal mainly comes from the financial appraisal institution and personnel,the risk of the investment project,the project management,the practice environment and so on,then gives the research methods of risk control.Secondly,we analyze the present situation of F’s financial investment appraisal,and point out the main problems in the risk control:neglecting the control of some subjective factors;lacking the quantitative analysis of risk;the poor external environment and so on.Thirdly,we use AHP and fuzzy evaluation model respectively to analyze the risk of F’s financial investment appraisal.Through the use of AHP,we found that the main factors influencing the evaluation of F’s financial investment are the risk of the assessors,the risk of the laws and regulations and the potential risk of the audited units etc..Through the further analysis of the fuzzy evaluation model,we found that the main risk factors of the F’s financial Investment appraisal are the assessors and the potential risk of the audited units.Finally,in this paper,we focus on the risk control measures of the financial investment appraisal,by enhancing awareness of the reviewers,guarding against the knowledge,technology and moral hazard of the assessors,standardizing the risk constraint system,establishing a common control mechanism for the financial appraisal institution and the project unit,to prevent the occurrence of risk.Based on the study of the risk control of financial investment appraisal,we can further promote the healthy development of financial investment,and provide the basis for F’s financial sector to strengthen and improve the management of investment appraisal,also provide a reference for the risk control of financial investment appraisal in other provinces and regions,it is a very important practical significance.