In the enterprise, the financial early warning system is established, which is based on the enterprise financial information. The purpose of the establishment is to monitor the risks in the operation of the enterprise. Its role is to better predict the risk that may exist in the process of enterprise management, and to help enterprises to avoid the potential financial risks, and to ensure that the operation of the enterprise is really healthy.
1 main principles of enterprise financial early warning system
The establishment of enterprise financial risk early warning system can be very good for the enterprise financial risk and the risk of the operation of the detection, the potential risks that may exist should take some measures to prevent, so as to ensure the economic benefits of the enterprise.
1.1 prediction principle
The financial early warning system of the enterprise should be able to monitor the development trend of the enterprise financial risk, and can prevent the potential financial crisis. In addition, the early warning system can also be found in the financial control index to reflect the financial situation of the indicators, and a comprehensive analysis, according to the business situation of enterprises in the past to carry out the possibility of financial risk.
1.2 principles of unity
When the enterprise in the financial risk early warning system is established, the foundation is now the implementation of the accounting system, and its financial information collection, the collection scope, collection methods and caliber and other aspects must be unified. In addition, in the detection of enterprise financial position, should be the enterprise as a whole to consider, so as to ensure the integrity of the detection index itself, in the time of risk prediction can be more comprehensive and scientific.
1.3 dynamic continuity principle
In the enterprise of financial risk detection in itself, is a highly dynamic continuous management process, can not only timely to the financial risks that may arise in the future prediction can also carries on the analysis to the current business development trend, early warning system to enterprise past development and future development together, in the previous operating conditions analysis based on, for its future development forecast. In addition, the continuous dynamic were financial indicators for monitoring can also will management guard against financial risk ability and the state of the financial risk of the enterprise is reflected, so as to ensure the advanced sex of early warning detection system itself.
2 in the enterprise, the financial risk early warning system is mainly composed of
2.1 the organization of financial early warning
In the enterprise, the organization of financial early warning is made by the enterprise internal to the management of personnel, business operators and modern management of the common composition of the modern management, if necessary, should also conduct the relevant experts. The agency not within the overall control of enterprises, only to senior corporate management personnel responsible for, not on the daily operation and management of enterprises interference, so enterprises when establishing the relevant agencies should adhere to the independent duty and persons in charge of the principle, so as to ensure the financial early warning organization will not be influenced by other institutions, the real role to play.
2.2 identify financial risks
For the enterprise, the risk of its existence mainly includes the financial risk and management risk, the enterprise has the business management risk is because the enterprise management and the market have certain change, this will give the enterprise the profit brings the uncertainty. Financial risk is the risk that the financial information, the change of the shareholder's rights and interests of the memory, mainly includes the bad investment risk, the income distribution risk, investment risk and the risk of capital recovery. And the establishment of financial early warning system can be very good for the existence of the potential risks of enterprises to predict. Therefore, the early warning system should pay attention to the collection of data inside and outside the enterprise, through data analysis and accounting to identify potential risks.
2.3 analysis and processing of financial risk
In the case of financial risk identification, it should also be analyzed, through the analysis to remove those who have little impact on the enterprise financial information, and then focus on the risk of large information, and based on the existence of risk aversion measures to develop, reduce the probability of occurrence of business losses. In order to guarantee the validity of the financial risk early warning system, the relevant departments should pay more attention to the operation data, the management should also pay attention to the financial index data and the actual data contrast, so that we can carry out the prevention strategy for the different risk, reduce the probability of financial risk.
Some strategies for the construction of the financial early warning system of the 3 Enterprises
3.1 to ensure the correctness of the financial warning indicators
When the enterprise is in the choice of the financial early-warning index, it should be taken into consideration from the quantitative and qualitative aspects. The qualitative indicators can reflect the actual production and management changes, which have a great impact on the stability and development of the enterprise. The qualitative indicators mainly include the characteristics of the industry, enterprise management, business management and market conditions. The quantitative indicators mainly reflect the financial situation and the actual situation of the enterprise, which mainly includes the ability of the enterprise to gain profit, the ability of the enterprise asset management, the ability of the enterprise to repay the debt and the development potential of the enterprise. Enterprises in the selection of indicators, the indicators must be considered, the existence of the indicators, the emphasis on qualitative indicators and quantitative indicators, so as to better reflect the company's financial situation.
3.2 the establishment of financial information identification method
3. 2. 1 the univariate analysis using go through financial indicators of enterprise financial risk prediction of enterprise financial early warning system can through the financial data and financial statements of the enterprise. Through the calculation of came out a series of indexes in the net interest rate of assets of enterprises, corporate cash flow and debt ratio, enterprise assets and liabilities rate, then the index and critical value of the comparison of certain, value judgment is not really achieve the warning value. Although this method is simple, but can only carry out an analysis of an index, it is difficult to achieve the comprehensive forecast of enterprise financial risk.
3. 2. 2 the synthetical analysis method of multivariate analysis of enterprise financial information through various financial indicators to carry out multivariate linear model to determine the establishment of, and through numerical to the judgment of the enterprise's financial risk, the method itself is a very comprehensive method, can well reflect the financial risk of the enterprise, and to take timely measures to deal with.
3.3 to improve the financial information control system, do a good job in enterprise information management
The validity of financial control can guarantee the enterprise financial information is true and reliable. Enterprises in establishing the early warning system of financial risks should pay attention to the improvement of financial information control system, and continuously improve the early warning information of the actual transfer efficiency, ensure the decision-making can get relevant information as soon as possible and apply it to enterprise decision, improve scientific and effective decision, helping enterprises to better growth.
3.4 to establish the risk consciousness, improve the overall quality of the financial personnel
For enterprise development and risk prevention awareness is very important, so enterprises must truly pay more attention to the financial early warning system construction, enterprises should also be paid attention to the propaganda work, help employees to establish risk awareness, to ensure that the employees in work to handle all the details and reduce the probability of risk. Now many enterprises in the quality of financial personnel is relatively poor, which is the financial warning mechanism of the function is very bad, so should pay attention to the improvement of the quality of financial personnel, the introduction of training and personnel and other means to better use.
4 knots
The establishment of enterprise financial risk early warning mechanism is necessary. The establishment and function of the enterprise can help the enterprise to reduce the probability of financial risk and help the enterprise to make the right decision, so that it can better participate in the market competition.
Reference
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