A Systematic Construction of Financial Risk Evaluation and Control for Our National Colleges and Universities
|School||Harbin Engineering University|
|Course||Management Science and Engineering|
|Keywords||Public Universities Financial risk Risk control Risk Assessment|
The Public Universities charged with the important task of China's higher education, the development of a direct impact on the improvement of the overall quality and the construction of the national economy. With the public universities have begun large-scale enrollment, infrastructure and school conditions obviously can not keep the admissions requirements, the problem of insufficient funds for construction needs increasingly emergent, financial risk resulting intensified. This caused a huge shock to the Public Universities and directly spread to the construction and development of higher education as a whole. This is a serious problem encountered by the present and in the future public colleges and universities in the survival and development. The financial risks faced by the Public Universities There are many types, the most significant is the diversification of sources of financing due to debt risk and foreign investment in the improper use of funds or structure caused by an irrational operational risks, financial risks to the development of the public colleges and universities has caused tremendous impact. Therefore, public colleges and universities, financial risk control more and more to the attention of the public university financial managers. However, the Public Universities financial risk issues of research in an exploration phase on the financial risk of Public Universities generate and conduction analysis also lack of systematic research; the Public Universities financial risk evaluation system is also not a unification of the standard; about Public college financial risk control strategy analysis is also a lack of authoritative research. Based on the Public Universities in China's own characteristics, collate relevant information through in-depth investigation and analysis of the causes of the public colleges and universities financial risk, and learn from the experience of corporate financial risk control, developed applicable method of Public Universities control financial risks of, in a timely manner expose the financial potential risks. Without changing the existing public university cash basis of accounting models and frameworks, designed to reflect-run colleges and universities operating capacity and solvency indicators, Z-score model to establish financial control system to evaluate the financial risk of the public colleges and universities. . Empirical Analysis of the 2006-2008 financial statement data for the case to H universities to calculate the financial risk evaluation of the three-year colleges and universities, comprehensive and objective evaluation of H college financial position and operating risk, making the H control financial risks Suggestions. Finally, the case of the H colleges and universities to promote the status of combination of our public do college financial risk of particularity and financial risk control, China's public do college financial risk control measures, public colleges and universities of the financial risk management work has a certain significance.