A Study on Financial Innovation and Risk Management Methods from an Accounting Perspective

\nWith the continuous development of global financial markets and rapid technological advances, a growing number of innovative products and services in the financial sector have emerged, providing new impetus to economic growth but at the same time bringing new risks. We study financial innovation and risk management methods from an accounting perspective, examining how accounting plays a key role in ensuring financial stability and transparency. First, this paper summarizes the definition and classification of financial innovation and analyzes its positive and negative effects on economic development. Second, our main focus is on the fundamental roles of accounting in risk management, which involve supplying financial data for decision-making, overseeing financial innovation and operational risks, and evaluating the efficiency of risk management actions. In addition, this paper discusses the risk management methods from the accounting perspective, such as improving the accuracy and transparency of financial reports, selecting and adjusting prudent accounting policies, strengthening internal control and external audit mechanisms, and improving the accuracy of asset and liability assessment. Enhancing accounting standards and regulatory frameworks to better align with the evolving trends in financial markets is recommended. Furthermore, we will strengthen the professional training of accounting personnel, improve the risk management capabilities of financial institutions, and promote the integration of accounting innovation and financial innovation.\n