The Research Of Internal Control Issues On Sales And Collection Cycle For H Corporation

With the growing momentum of market economy,internal control,as an important means of enterprise management and operation,plays a crucial role in the process of enterprise operation.Therefore,the quality of internal control construction determines whether an enterprise can make long-term development.As an important link in the whole operation process,product sales and account collection will directly affect the economic benefits of enterprises.At present,scholars at home and abroad have made a lot of contributions to the research on internal control of sales and collection,but most of them are inclined to theoretical research,and there are relatively few practical implementation cases involved.For the fierce competition in the current market economy,if an enterprise wants to stand out in the competition,it is the primary task of the enterprise to do a good job in internal control construction.China started late in the research of internal control system,and the enterprise lacks relevant experience in the actual system implementation,so there are many problems.The object of this paper,company H,is a wholly owned subsidiary of a state-owned holding enterprise in China,which mainly produces adhesive products.At present,the company is in the growth stage,the internal control is also relatively weak,lack of practical experience,and at this time the adhesive product market is in the period of seizing market share,expand the company’s sales scale,so improving and solving the problems existing in the company’s internal control is crucial to the company’s future business development.According to the related theory at home and abroad,based on the H company specific development,starting from the five elements of internal control,internal control,risk assessment,control activities,information communication and supervision and so on five aspects,the current study in this article the H company in terms of sale and payment of internal control system construction present situation for analysis and research,through the analysis of H company,the shortcomings of the five elements of internal control,optimization of targeted Suggestions,truly help H company to solve real problems,to avoid in the future operation and development brings to the enterprise risk and loss.At the same time for the development of relevant industries also have a certain help and reference.