A Case Study On Fixed Assets Investment Internal Control Of T Coal Corporation

The coal industry is an important basic industry related to the lifeline of national economy and energy security.With the deepening of structural reform of supply side in the coal industry and the stricter requirements of national safety law on coal mining safety,coal enterprises pay more and more attention to fixed assets investment.Fixed assets investment is the expansion and reproduction of fixed assets,the expansion of production scale,and the improvement of production technology.As an important link in the production and operation activities of coal enterprises,the problem of redundant investment,excessive investment,and inadequate investment management in fixed assets investment has appeared among most coal enterprises,resulting in overcapacity,cost increase,and low efficiency in the whole coal industry.The success of fixed assets investment will directly affect the success of coal enterprises.Enterprises must take measures to prevent and reduce the risk of fixed assets investment.The internal control of fixed assets investment is a process of overall control over the decision-making,implementation,and investment results of fixed assets investment,which guarantees the successful development of fixed assets investment business.Therefore,how to fully introduce the idea of internal control in fixed assets investment of coal enterprises and improve the internal control of fixed assets investment has become one of the problems that coal enterprises need to solve immediately.By combining theory with practical cases,this thesis takes the meaning,objectives,methods,key processes,and risk points of internal control of fixed assets investment as the theoretical basis.In the form of a case analysis,taking T Coal Corporation as the research subject,this thesis makes a thorough and detailed analysis of the fixed assets investment situation of T Coal Corporation.Firstly,this thesis explains the general situation of T Coal Corporation,then introduces the fixed assets investment management organization and the status of decision-making,implementation,and supervision mechanism of T Coal Corporation respectively.Then it describes the risk assessment process of T Coal Corporation,lists the control activities designed and implemented by T Coal Corporation to deal with the above risks,and describes the current situation of information,communication,and supervision of T Coal Corporation’s fixed assets investment.It points out the defects of internal control risk assessment and control process of T Coal Corporation in fixed assets investment.Finally,based on literature review and in-depth analysis,the thesis puts forward corresponding solutions to the problems in fixed assets investment management of T Coal Corporation.Through the analysis and research on internal control of fixed assets investment of the coal company,the internal control of fixed assets investment,which is relatively deficient in the internal control research,will be strengthened.