A Case Study Of Internal Control Information Disclosure Of Bao Iron Company

With the development of market economy,the number of Listed Companies in China is growing rapidly.At the same time,financial fraud incidents occur frequently,internal control fails,and there are many cases of irregular disclosure in information disclosure.This paper mainly studies the status quo of internal control information disclosure of listed companies,hoping to analyze the factors affecting the quality of internal control information disclosure of listed companies through case studies,and find out the reasons for improving the quality of disclosure.By selecting the contents of internal control self-evaluation report and internal control audit report of Baosteel Co.,Ltd.from 2016 to 2018,this paper analyses the present situation of internal control information disclosure of Baosteel Co.,Ltd.and combines the internal control of the company.The system tries to find out the factors affecting the disclosure of internal control information and the measures to improve the quality of the disclosure of internal control information.The quality of disclosure is affected by the enterprise’s own operating conditions.It is also related to the audit level of intermediary agencies,the supervision of the SFC and the soundness of relevant laws and regulations.In view of these factors,this paper puts forward some suggestions on improving the quality of internal control information disclosure from two aspects of internal and externa l supervision.Based on Baosteel and referring to the general situation of internal control information disclosure of Listed Companies in recent three years,this paper makes a systematic analysis of internal control information disclosure of listed companies,and finally draws the conclusion that the current domestic laws and regulations on internal control information disclosure of listed companies are not perfect enough,and the operation situation of listed companies is not perfect enough.Generally speaking,the information disclosure of internal control of listed companies is getting better and better.