Effective Identification of Financial Risks in Financial Management

You-Ze Xing ( Qingdao University, Qingdao, Shandong, 266000, China )

https://doi.org/10.37155/2972-4813-0202-5

Abstract

In the face of the sweeping wave of financial globalization, the accurate identification and efficient management of financial risk have become top priorities for financial institutions and regulatory agencies. This paper delves deeply into the critical role of risk identification in financial management, outlines the types of financial risks commonly encountered in corporate management, and proposes a comprehensive set of effective identification strategies. By utilizing both quantitative and qualitative analysis, developing risk warning systems, enhancing internal control and auditing, integrating financial technology, and cultivating a risk-aware culture, financial institutions can precisely capture risks, strengthen the financial security defenses, and steer towards stability.

Keywords

Financial management; effective identification; financial risk

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References

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