Financial risk early warning model

With college expansion, merging schools, and building university towns, the situation has worsened so much that university funds cannot make ends meet. Analyzing the causes of financial risk using the method of discriminate analysis, establishing early warning model, and taking effective preventive measures have become the most important financial tasks in the university. The author believes that to strengthen the university financial risk, early warning and prevention is a prerequisite to ensure the comprehensive strength, financial operating performance, and financial development potential of university financial, conducive to improving and strengthening the macro-financial management. It is also very necessary and effective to ensure a healthy teaching order and orderly development. For the development of education and financial balance, it plays a very important role. Especially with the reform and development of education in China, the number of colleges and universities have continued to increase, and the financial management of universities faces a complex situation. © 2013 Springer-Verlag.