WK外贸公司财务风险管理案例

【Abstract】wWw.shuoshilunwen.com After China’s accession to WTO, China’s economy grows degree, of market, with increasing uncertain risk, and many businesses, especially foreign trade enterprises are faced with more financial risk. WK foreign trade company founded in 1953.It is the establishment of new China’s first professional foreign trade companies. In the past, WK as a state-owned foreign trade companies, long-term supported by national preferential policies, but since the accession to WTO, countries began to adjust policies.Based on the WK company’s financial risk calculation, combined with the financial statements on the financing of risk, investment risk and operational risk, found that WK’s debt ratio is too high, and it rises the financing risk; WK company’s investment risk is also high; WK company’s inventory turnover, asset turnover accounts receivable turnover rates and higher liquidity, lower business risks, but on the rise.According to financial risk identification and assesent results, we analyze the causes of the financial risk both from external factors and internal factors. The external factors mainly include the international relations, the changes of national policy, exchange rate movements, financial crisis, and the environmental impact. The internal Influencing Factors largely subjective lack of awareness of the financial risks, weak risk prevention and control, financial lack of scientific decision-making and so on.After the analysis above, some measures are proposed to against the financial risks, including establishment of the Audit Committee, funding diversification, building foreign exchange risk prevention system, the traner of foreign investment risk, and actively explore the market response to the financial crisis, strengthen the management of accounts receivable, and familiar with the tax rebate policy guidance to prevent the risk.