Design Of Internal Control System For CT Group Company

Sound and effective internal control is a good method to resolve many potential problems for enterprises.Risk-oriented internal control as a model of a modern internal control represents the development trend of internal control in modern enterprises,in addition to concerning the traditional control;It concerns more about the effectiveness of risk management mechanism and sound corporate governance structure,and play an important role in improving their risk management and corporate governance.In this paper, used COSO latest Risk-oriented internal control theory and the "basic norms of corporate internal controls". According to internal control theory and the situation of CT Group Company,the necessity of constructing internal control framework and the rule for designing are put forward Furthermore,internal control framework for CT Group Company is designed from control environment,risk evaluation,controlling measures,information and communication supervision and circuit planning.The innovation and the characteristic of this paper are as follows:It improve enterprise internal control system by means of establishing internal control handbook. Moreover, this Internal Control System as proposed is derived from the daily activities including purchasing and payment, sales and collection,inventory and production.This system is designed for risk analysis, risk control and other business activitiesThis thesis is based on actual practical findings,such as actual risk management collaborating with internal management,even through this new method is much improved from Traditional internal control,it still require further development and enhancement,which will be further analysis at a later date.