Research On Financial Risk Management Of S International School

With the needs of China's economic and social development,private international schools have begun to flourish in China in recent years,and China's international education has also made remarkable achievements.With the continuous growth of the number of students studying abroad,the exchange and cooperation in international education have been expanding,showing a blowout trend.In the past decade,new formats of international education have emerged in China,opening a new mode of running international schools,And has been fully recognized by the market.Due to the nature of running a school and the fact that international education does not belong to inclusive education,private international schools generally have little financial support from the government.Promoting private international schools needs to be responsible for their own profits and losses and independent accounting.The financial risk management of private international schools has its own characteristics.Only by paying effective management response to the financial risk can we ensure that the financial risk is controllable.In today's rapidly changing market economy,if private international schools want to survive in the fierce competition,they must constantly avoid and reduce various risks,especially financial risks.Minimizing the losses caused by financial risks is the core of the school's financial management and the fundamental guarantee for the long-term healthy and sustainable development of private international schools.S international school is a private international high school invested by M company with independent legal personality,independent management and accounting,and enterprise management.Its business scope is mainly engaged in international high school education and services,with a certain degree of business and capital autonomy.This paper mainly adopts the financial risk identification methods such as comparative analysis method and ratio analysis method in the financial statement analysis method,and the financial risk evaluation methods such as Z-value early warning model and F-score model.Based on the financial statement data of s international school from 2018 to 2021,this paper identifies and evaluates the financial risks in the operation process of s international school,and puts forward countermeasures and suggestions.Through the analysis of relevant data in the financial statements of s international school,it is identified that s international school has financial risks in terms of operation and capital liquidity.The main factors are as follows:(1)the main business of s international school is greatly affected by the international political and economic environment,which will affect the enrollment scale and capital flow of the school;(2)S International School's capital structure of heavy assets brings certain long-term debt repayment risks;(3)The management team of s international school does not have a strong sense of cost management,and there is a deviation in the management focus;(4)S international school has a single marketing method and has not formed a brand effect,which leads to difficulties in enrollment and insufficient students,resulting in financial risks.This paper uses Z-value early warning model and F-score model to evaluate the financial risk of s international school.The research results show that s international school is facing higher financial risk,because s international school has great deficiencies in cost control,solvency,asset profit,financial structure,cash flow repayment,asset creation and so on.In view of the financial risks faced by s international school,this paper puts forward countermeasures and suggestions from the aspects of internal system construction,brand effect,cost control,evaluation mechanism,etc.,so that s international school can effectively reduce financial risks and make its operation more stable and sustainable.Financial risks exist objectively for every international school and cannot be completely avoided in the development process.With the increasingly complex and deepening market economy,financial risk management is becoming more and more complex.Many international schools are in crisis because of improper financial risk management.Through the research on the financial risk management of s international school,this paper has certain practical significance.On the one hand,it provides a certain scientific basis and guidance for the business decision-making and management of s international school,so as to avoid and resolve the adverse effects of financial risks to a certain extent;On the other hand,I hope it can provide some useful references for international schools that conduct independent accounting and assume sole responsibility for their own profits and losses in financial risk management.