Firm's Internal Accounting Control Under The Network

The most important function of accounting is to convey effective and real accounting information, depending on which the investors and related parties make judgments and decisions. Whereas, there are a lot companies who disclose fake accounting information, especially in marketed company. Those false accounting information causes the distortion of market signal, incorrect strategy. Whether that we can settle the problem of false accounting information disclosure lays in the complete and effective internal control.Internal control of a firm is a hot issue currently in both the practice and the academic fields. This issue is vital when China is merging in the global economy and building its modern enterprises system. As is believed that internal accounting control is the core part of internal control, it still relies on the competence of internal control system. This article emphasizes on the challenge and opportunity that internal accounting control face under the new circumstance-the network, the rapid development of Internet and information technology. This article also apposes several ways to improve it.This article contains four parts:Part one presents the latest development in this field and study theory of the article.Part two is the theory summarization. This part summarizes and makes comment on related theory of internal control, and makes clear the concept and content of internal accounting control.The wide use of Internet and IT leaves deep impression on enterprise, both on the way of production and the operation conception. Part three goes in this field and analyses systematically the challenge and opportunity these changes brought to internal accounting control.Part four is the most important part of this article. It presents the principle, the main content and key control measurement to build internal accounting control system under the network. This part concludes the study results of the article and apposes the question needing further discuss.