Prevention and control of financial risk

Based on the rational understanding of its meaning and characteristics, the cause of financial risk is analyzed, and the countermeasures of its prevention and control are proposed as follows. (1) Improve the enterprise' adaptability and the ability to meet emergencies. (2) Enhance financial personnel's risk awareness and quality. (3) Realize the integration among responsibility, power and profit. (4) Set up a perfect and efficient control mechanism of financial risk. (5) Adopt rational methods of financial risk management to decline financial risk to the lowest level.