With the rapid development of economy in recent years, enterprise merger and acquisition has become an important means and positive way to promote the optimal allocation of resources and realize the reorganization of property rights, and more and more enterprises have appeared in China. However, there are a lot of risks in the process of M&A, among which financial risk is an important factor affecting the success of M&A.. This paper analyzes the financial risks in the process of enterprise merger and acquisition, and puts forward the strategies to avoid risks, so that enterprise merger and acquisition has practical significance and value.

With the rapid development of economy in recent years, M&A has become a trend. Mergers and acquisitions have become an important means and positive way to promote the optimal allocation of resources and realize the reorganization of property rights, and more and more enterprises in China appear. However, there are a lot of risks in the process of merger and acquisition, among which financial risk is an important factor affecting the success of merger and acquisition. This paper analyzes the financial risks in mergers and acquisitions. And put forward the risk avoidance strategy, which makes the enterprise merger and acquisition more effective. Enterprise merger and acquisition has practical significance and value.