M公司财务风险及其防范措施研究

发布时间：2018-02-02 14:07

本文关键词： 中小企业财务风险风险分析风险防范　出处：《湘潭大学》2015年硕士论文　论文类型：学位论文

【摘要】：随着我国市场经济的持续深入发展,我国中小企业在迎来重大的市场机遇的同时,也面临着竞争激烈的市场环境和更为复杂的各种风险。这些风险增加了企业经营活动的不确定性,极大限制着中小企业的稳健发展,其中以财务方面的风险尤为严重。目前,中小企业为了迅速占领市场份额、提高经济地位,把营销工作作为公司战略重点,而大大忽视了企业财务风险在经营管理过程中的造成的严重性,企业自身的抗风险能力处在较低的水平。在发现企业财务管理方面存在的漏洞后,没有对其造成的财务风险进行有效和评估,等到事态严重时才意识到危机,造成许多不必要的经济损失。因此,正确认识财务风险的重要性,采用科学的方法对财务风险进行识别并有效防范与控制是中小企业管理者急需面对的一个重要课题。本文以财务风险管理理论为基础,选取中小企业M公司作为研究对象,通过对该公司财务报表项目和各类财务指标进行分析,以及运用Z分值模型对其进行综合评价,了解该公司当前的财务风险状况和主要财务风险点。在此基础上,从M公司的财务现状出发,着重从以下方面揭示其财务风险的成因:第一,从外部环境的影响来看,国家政策调整使得市场环境变差,营运成本受主要原材料价格波动的影响大;第二,从筹资活动来看,其筹资成本高,负债利息压力大和资金结构不合理;第三,从资产管理方面来看,其不重视存货管理以及材料采购计划不合理;第四,从应收账款回收角度来看,其销售人员业绩考核没有和应收账款的回收挂钩,应收账款呆账严重;第五,从财务部门内部角度来看,其财务部门不受重视且财务人员风险防范意识薄弱。针对上述M公司各个环节存在的主要财务风险管理漏洞,本文建议M公司可以采取以下措施来防范财务风险:第一,适度负债,建立合理的资金结构,并积极把握高新技术项目优惠政策;第二,重视现金、存货和固定资产的管理,制定科学的采购计划;第三,应收账款回收需与销售人员挂钩,制定合理的催收程序;第四,提升M公司财务工作效率。如果M公司能采取这些切实可行的措施,可能会帮助企业走出财务困境,获取更高的利润。
[Abstract]:With the continuous development of the market economy in our country, the small and medium-sized enterprises of our country welcome the important market opportunity at the same time. Also facing the fierce market environment and more complex risks, these risks increase the uncertainty of business activities, and greatly limit the steady development of small and medium-sized enterprises. The financial risk is especially serious. At present, in order to quickly occupy the market share and improve the economic status, small and medium-sized enterprises take the marketing work as the strategic focus of the company. The severity of enterprise financial risk in the process of operation and management is largely ignored, and the ability of resisting risks is at a lower level. After discovering the loopholes in the financial management of the enterprise. The financial risk caused by it has not been effectively and evaluated, and it is not aware of the crisis until the situation is serious, resulting in a lot of unnecessary economic losses. Therefore, the importance of financial risk is recognized correctly. Using scientific methods to identify and effectively prevent and control financial risks is an important task for managers of small and medium-sized enterprises. This paper is based on the theory of financial risk management. Select M company of small and medium-sized enterprises as the research object, through the analysis of the financial statement items and various financial indicators of the company, as well as the use of Z-score model for its comprehensive evaluation. Understand the current financial risk of the company and the main points of financial risk. On this basis, from the M company's financial situation, focusing on the following aspects to reveal the causes of its financial risk: first. From the external environment, the adjustment of national policy makes the market environment worse, and the operating cost is greatly affected by the fluctuation of the price of the main raw materials. Second, from the point of view of financing activities, the financing cost is high, the debt interest pressure is high and the fund structure is unreasonable; Third, from the point of view of asset management, it does not attach importance to inventory management and material procurement plan unreasonable; 4th, from the point of view of the recovery of accounts receivable, the performance appraisal of its sales personnel is not linked to the recovery of accounts receivable, and the bad accounts receivable is serious; 5th, from the point of view of the financial department, its financial department is not paid attention to and the risk prevention consciousness of financial personnel is weak. Aiming at the main financial risk management loophole in each link of M company mentioned above. This paper suggests that M company can take the following measures to prevent financial risks: first, moderate debt, establish a reasonable capital structure, and actively grasp the preferential policies of high-tech projects; Second, pay attention to the management of cash, inventory and fixed assets, and make scientific purchase plan; Third, the collection of accounts receivable should be linked to sales personnel, and a reasonable collection process should be established. 4th, improve M's financial efficiency. If M can take these practical measures, it may help enterprises out of financial distress and make higher profits.
【学位授予单位】：湘潭大学
【学位级别】：硕士
【学位授予年份】：2015
【分类号】：F275

【相似文献】