Research On Financial Risk Identification And Control Of AS Multinational Group

As China's "one belt,one road" step has been accelerated,more and more Chinese enterprises have begun to invest overseas.Chinese state-owned enterprises headed first,followed by HUAWEI,Tencent and other large private enterprises,which have also accelerated their layout of oversea SMEs.As an early established and top ten consumables enterprise in China,AS multinational group actively seeks oversea locations while rapidly increasing domestic and foreign trades.It has successively set up subsidiaries in India,the United Arab Emirates,Kenya and Uganda to expand its sales field.However,due to their small size and chaotic internal management,same as other small and medium-sized private enterprises,it encountered many uncertainties from culture,politics,environment and other aspects in their foreign investment and self-management.If we don't raise our vigilance and do a good job in prevention and remedial measures in advance,it is very easy to make wrong decisions and cause huge economic losses or even bankruptcy to enterprises.In view of this,this paper makes an in-depth study and analysis on the financial risk of AS multinational group.Based on the literature review,this paper first combs the related concepts and theoretical basis of financial risk.Then this paper introduces the industry background of AS multinational group and financial management status in the past five years.Based on the group's financial status,through serveral local interviews with AS group executives,I fully tap their financial data,and identify their potential major financial risks by using relevant ability indicators.At the same time,I initiate questionnaires method and analytic hierarchy process further evaluate the impact coefficient of each risk factor on the financial risk of AS multinational group,and rank the impact coefficient in high and low order.Focus on the analysis of the internal causes and external environment changes of its financial risk,I establish the financial risk management framework of AS multinational group,put forward corresponding risk control schemes,optimize suggestions and supervision and guarantee measures one by one,and draw the conclusion on.Through the above analysis,combined with the actual business situation of AS multinational group,this paper puts forward the risk control measures for specific risk factors one by one,and the supervision and guarantee measures for improving the internal business process control system,standardizing the major decision approval process,improving the financial budget management,strengthening the internal risk audit of the company,and enhancing the awareness of risk prevention.It has practical significance for the future development of as multinational group,and can be used for reference for other multinational private enterprises to optimize their own risk control structure and prevent financial risks.