房地产开发企业财务风险识别与防范研究1

1房地产企业财务风险识别及防范研究--以A公司为例摘要我国的房地产行业正在迅速发展，但房地产行业在我国起步较晚，根基还很薄弱，行业规范化程度低，房地产投资存在上下产业链长，专业性强，投资额大，投资周期长，不确定性和风险程度高,受宏观政策调控影响较大的特点，这些特点决定了我国的房地产行业面临着一定的财务风险，财务风险受企业内外部因素的共同影响。房地产企业提高自身的财务风险识别与防范能力，可以提高其管理水平，提升经济效益。本文采用理论和实例相结合的方法,从国内外研究现状出发，总结了前人在财务风险的识别与防范上的研究成果，在此基础上进行了房地产企业财务风险的识别与防范研究，并以在行业里具有代表性的A房地产公司的实例进行应用阐述，希望对给其他公司的财务风险识别与防范提供一定的借鉴作用。关键词：房地产企业财务风险识别防范AbstractInChina,therealestateindustryisdevelopingfast，butitisstillveryyoung,ithaspoorfoundationandimpefectindustrystandardization.Realestateinvestmentisprofessional、uncertainlyandhighrisky,ithaslongindustrialchainbothupstreamanddownstream,needslonginvestmentperiodandlargecaptain,andgreatlyinfluencedbymacropolicyregulation,sorealestatecompanyfaceshugefinancialmanagementrisk.Toimprovethefinancialriskidentifyingandprecautionabilityofrealestatecompaniesisawaytoimprovetheirmanagement,andthismakeseconomicbenefit.Thispaperusesthemethodofcombiningthetheorywithpractice,beginswiththesummaryandanalysisofresearchonfinancialriskidentifyingandprecaution,thentheauthortriestofindthewaytoanalysisfinancialriskidentifyingandprecautiononrealestateindustry,finallytheexampleofcompanyAisusedtoshowhowtoindentifyfinancialriskandhowtopreventfinancialrisk,wishingtogiveadviceforotherrealestatecompanies.Keywords:realestatecompany，financialrisk,riskidentification,riskprecaution目录第一章绪论.............................................1第一节研究背景及选题意义...........................................................................................1一、研究背景...........................................................................................................................1二、选题意义...........................................................................................................................1第二节国内外文献综述....................................................................................................2一、国外文献综述...................................................................................................................2二、国内文献综述.....................................................................................................................3第三节本文的研究内容和创新之处..............................................................................6一、本文的研究内容.................................................................................................................6二、本文的创新之处.................................................................................................................6第二章房地产企业财务风险识别与防范理论基础..................7第一节房地产企业财务风险识别与防范相关概念界定...........................................7一、房地产企业.....................................................................................................................7二、房地产企业财务风险.....................................................................................................7第二节企业财务风险识别与防范相关理论.................................................................8一、权衡理论.........................................................................................................................8二、投资组合理论................................................................................................................8第三章我国房地产企业的财务风险类型及影响因素..................................9第一节房地产企业筹集风险以及影响因素分析........................9一、房地产企业筹资风险.......................................................................................................9二、房地产企业筹资风险影响因素.......................................................................................9第二节房地产企业投资风险及其影响因素分析.......................12一、房地产企业投资风险.....................................................................................................12二、房地产企业投资风险影响因素.....................................................................................12第三节房地产企业资金回收风险及其影响因素分析............................................14一、房地产企业资金回收风险.............................................................................................14二、房地产企业资金回收风险影响因素.............................................................................14第四节房地产企业收益分配风险及其影响因素分析............................................16第四章房地产企业财务风险识别与防范.............................17第一节房地产企业财务风险识别................................................................................17一、定性财务风险识别.......................................................................................................17二、定量财务风险识别.......................................................................................................19第二节房地产企业财务风险防范................................................................................21一、企业整体的财务风险防范措施.....................................................................................21二、企业局部财务风险防范措施.........................................................................................22第五章案例分析：A公司财务风险识别与防范.............................................26第一节A公司面临的财务风险.....................................................................................26一、短期偿债能力分析......................................................................................................27二、长