Research On Financial Risk Early Warning And Evaluation Of DC College

Independent colleges are a new form of education that has emerged after the adjustment of the institutions of higher education in China.They are an effective extension of the educational resources of higher education and are an important part of the higher education system.Independent colleges are completely different from public colleges originally reorganized by faculties,but are undergraduate colleges based on a new form of education.After a short period of development,independent colleges have made remarkable progress.However,compared with public colleges and universities,there are obvious gaps in all aspects.In recent years,there have been many outstanding problems in the independent colleges.The construction of the second campus bears a high proportion of liabilities and has formed a negative effect of scale.Compared with the low tuition fees of public colleges and universities,independent colleges are in a disadvantaged position in terms of student competition and may not be able to complete the admissions plan.Independent colleges are not universities that are supported and constructed by state or local financial input.All expenditures for school development are funded by the sponsors.In contrast,the gap is obvious,independent colleges are obviously facing more internal and external risks,and financial risk as an important part of them,has a profound impact on the sustainable development of independent colleges.Based on the analysis of domestic and foreign literature,this article elaborates the concept of financial risk and early warning related theories of independent colleges,and uses the DC college located in the southwestern border province of China as an analysis prototype.According to the key links of the DC college's funding movement,the financial risks of the DC college are divided into four aspects: fund raising,capital investment,capital recovery and overall imbalance.The types of risks and the main influencing factors of the DC college are analyzed,and the financial risks faced by the DC college are comprehensively evaluated by constructing a financial risk early warning model.In this paper,19 financial indicators are selected to constitute the DC college's financial risk early-warning indicator system.Based on a scientific and rigorous attitude,The analytic hierarchy process and The efficacy coefficient method are used to conduct an actual analysis of DC College's financial risks from 2012 to 2018.Since the beginning of this year,the comprehensive degree of financial risk of the DC college has been refined and summarized from the general financial phenomena to provide reference opinions for independent colleges to identify,reduce and prevent financial risks in the future.