Research On The Internal Control Information Disclosure In The Annual Reports Of Chinese Listed Companies

At present, in the capital market, with the increasing of investment risk, the investors need to fully understand the company's internal control information, so as to making rational investment decision. The information disclosure of the listed company's internal control can effectively protect the interests of investor, and optimize the allocation of resources in the financial markets. In recent years, more and more investors have realized that only concerned about the company's financial position, operating results, cash flow is not enough, in a way, the investment risk of internal control failure is greater than the decline in operating performance, so investors are increasingly concerned about the quality of information disclosure of listed company's internal control. The Ministry of Finance, Securities and Futures Commission, the Audit Commission, China Banking Regulatory Commission and China Insurance Regulatory Commission jointly issued "the Basic Norms of Enterprise Internal Control" in the 2008; the same departments jointly together issued the "Supporting Guidelines for Enterprise Internal Control "in the 2010, which marks the Chinese legal system of internal control has formed. However, in our listed companies, the quality of internal control disclosed information still exist many problems, such as lack of the disclosure of internal control deficiencies, neglect content, attention to form and so on.Firstly,the paper reviews the relevant theories of internal control and internal control information disclosure, then it describes the necessary of the internal control information disclosure and the influenced factors. Secondly, the paper discusses the characteristics of the internal control information disclosure and the development status, which to find out the problems disclosed. Lastly, this article puts forward some countermeasures according to questions discussed above. We can improve the information disclosure quality of internal control in our country and improve the disclosure mechanism of the information of internal control through these measures: Firstly, perfect the information disclosure system of internal control of listed companies in China; secondly, make full use of the supervisory function of internal audit; thirdly, regulate the behavior of certified public accountants; fourthly, make listed companies positively disclose the information of internal control.