外文翻译---对企业财务风险的预警和控制.docVIP

湖北汽车工业学院科技学院 毕 业 设 计（英文翻译） 译文内容 On the corporate financial risk early warning and control（对企业财务风险的预警和控制） 译文出处 2010 International Conference on Future Information Technology and Management Engineering 系 别： 经济管理系 专 业： 财务管理 班 级： KT953-3 学生姓名： 王冰 学 号： 20099530318 指导教师： 姬潮心 On the corporate financial risk early warning and control Liu Jingzhong Economic and trade department Shang Qiu Polyltechnic Shangqiu, Henan Province, China sqzyljz@; 窗体底端 Abstract - Financial risk that a firm will be unable to meet its financial obligations. This risk is primarily a function of the relative amount of debt that the firm uses to finance its assets. A higher proportion of debt increases the likelihood that at some point the firm will be unable to make the required interest and principal payments. Early warning and controlling financial risks effectively can provide a safe and steady operating environment. This paper believe that through analyzing the financial situation, preparing the cash-flow budget, establishing the financial risk index system and computational model to warn early the financial risk. On the other hand, through establishing effective capital structure, selecting correct fund-raising methods and keep the assets highly liquid to control the financial risk effectively. Key words: Index Terms -financial risk; early warning index; control effectively 1.INTRODUCTION What is financial risk? The financial risk is finance achievement and the risk of financial standing.The financial risk separates the narrow sense and the broad sense.The narrow sense financial risk is fallen into debt the causable by the business enterprise, concretely say to mean business enterprise because of lend funds but increment of lose the possibility of the ability of repaying debt and the variability of the business enterprise profits (shareholder income);The broad sense financial risk means the finance system of business enterprise in objective exist