摘要企业财务风险的探究在财务领域里面是个重要的研究课题。当下我国经济正处于全球化的进程当中，近年来全球经济一体化出现一些波折，国内经济也处于低迷阶段，制造业、造纸印刷业等传统工业受到严重冲击，大量的中小企业处于破产边缘，因此越来越多的企业开始注重财务风险方面的问题，企业财务风险的管理已成为国内外学者重要研究的课题。企业财务风险主要包括筹资风险、投资风险、经营风险、营运风险等。本文通过对中山昌和造纸厂财务风险现状的分析，认为其主要存在资产负债率过高、短期偿债能力较弱、投资渠道单一、盈利水平较低、应收账款回收时间长、存货流动性差等问题。针对这些问题提出了一些可行的建议：加强筹资、投资、营运风险的管理，加强内部控制以及全体员工财务知识的学习等，希望对相关行业的财务风险管理提供一些借鉴意义。关键词：财务风险风险管理内部控制AbstractTheexplorationofenterprisefinancialriskisanimportantresearchtopicinthefinancialfield,chineseeconomyisintheprocessofglobalization,inrecentyears,theglobaleconomicintegrationhassomeupsanddowns,thedomesticeconomyisalsointhedownturnstage,manufacturing,paperprintingandothertraditionalindustrieshavebeenseriouslyaffected,alargenumberofsmallandmedium-sizedenterprisesintheedgeofbankruptcy,Therefore,moreandmoreenterprisesbegantopayattentiontotheproblemoffinancialrisk,themanagementoffinancialriskhasbecomeanimportantresearchtopicofscholarsathomeandabroad.Thefinancialriskofenterprisesmainlyincludesfinancingrisk,investmentrisk,operationrisk,operationriskandsoon.BasedontheanalysisofthefinancialriskstatusofZhongshanChanghePaperMill,thispaperarguesthatitsmainproblemsaresuchashighasset-liabilityratio,weakshort-termsolvency,singleinvestmentchannel,lowprofitlevel,longrecoverytimeofaccountsreceivable,poorliquidityofinventory,etc.Somefeasiblesuggestionsareputforwardfortheseproblems:strengtheningthemanagementoffinancing,investment,operationrisk,strengtheninginternalcontrolandlearningofthefinancialknowledgeofallstaff,etc.,andhopetoprovidesomereferenceforthefinancialriskmanagementoftherelevantindustries.Keywords:FinancialRiskVentureManagementInternalcontrols目录TOC\o"1-2"\h\uHYPERLINK\l"_Toc6590"一、引言PAGEREF_Toc65901HYPERLINK\l"_Toc4818"二、昌和造纸厂财务风险现状PAGEREF_Toc48181HYPERLINK\l"_Toc3455"（一）筹资风险分析2HYPERLINK\l"_Toc30701"（二）投资风险分析PAGEREF_Toc307015HYPERLINK\l"_Toc11581"（三）营运风险分析PAGEREF_Toc115817HYPERLINK\l"_Toc1467"三、昌和造纸厂财务风险管理存在的问题PAGEREF_Toc14678HYPERLI