Research On Early Warning Of Financial Risk Based On Improved Power Coefficient Method

With the rapid development of the national economy and the constant changes in the economic environment,corporate financial risks have gradually become a major concern in corporate operations.The media industry needs to invest a lot of capital in the early stage,and there is a high degree of uncertainty in the later stage.The financial risk will gradually increase with the development of the enterprise,and it will face various unknown financial problems.Therefore,the establishment of a good financial risk evaluation system can help companies in the film and television industry to better discover risks,cope with risks,and allow enterprises to develop healthily.Based on the above background,this article conducts relevant research on the literature of financial risk early-warning models.Compared with traditional financial early-warning models,it is found that the efficacy coefficient method is more feasible and adaptable for enterprise financial risk early-warning measurement.Secondly,taking Huayi Brothers,a large company in the media industry,as a case,by constructing a good early-warning model,combining Huayi Brothers' financial index data for the past five years,and calculating the calculation results in detail,we get the Huayi Brothers Five The comprehensive early warning results of the past year are light police,light police,China police,China police,and heavy police,indicating that the financial risks of Huayi Brothers have gradually become serious.According to the results obtained by the financial risk evaluation system,corresponding countermeasures are provided,such as the corresponding collection of accounts.Management by stages,establishment of a sound internal control system,etc.Finally,the case analysis is summarized,and the countermeasures for financial risk prevention during the development of the media industry are given.