Analysis of the Early-warning System for University Finance Based on Ratio Analysis:A Case Study of One of Our Key Universities
Zhipeng Wu · Journal of Zhejiang Shuren University · 2008
The paper designed a financial early-warning system for university finance by using the financial evaluation method based on the ratio analysis.Taking as a case for study the financial data of one of our key universities in 2003,the paper educes by employing the early-warning system in analyzing its financial operation that it is poor in its developmental potential,short-term solvency and managerial ability,holding that it is necessary to give an intermediate warning to the university for its 2003 financial status.Finally,the paper suggests that the early-warning system be established for the financial management of all universities,and puts forth measures to reduce and evade financial risks from the perspective of early-warning.