The Research On Internal Accounting Control Over Engineering Projects

In the recent years, our country has taken an active fiscal policy, and accelerated infrastructure construction. The investment in basic establishment is increasing every year, and becomes the basic factor of promoting the economic growth. However, because of lacking in effective internal accounting control, there are numerous problems, such as huge losses led by decision-making errors, peculating funds, budget over criteria, and etc. These problems can be found everywhere, and seriously affect investment returns. So, in the current period of sustained rapid economic growth, strengthening internal accounting control over engineering projects has become the urgent affairs. The internal accounting control is the internal mechanisms of engineering projects self-regulation and self-restraint. Establishment of sound internal accounting control over engineering projects will have a great realistic significance in preventing errors and frauds in the process of engineering project construction, improving capital efficiency, and standardizing the market order from the origin.At first, this paper summarily analyzes the problems of our current internal accounting control over engineering project from the internal accounting control environment and the internal accounting control activities at all stages of engineering project construction. To resolve the above problems, this paper respectively dissertates detailedly at how to improve internal accounting control environment of projects construction units, and how to regulate internal accounting control activities at all stages of engineering project construction respectively with two chapters. In the chapter of improving internal accounting control environment of the engineering project construction units, the paper describes some concrete measures, such as strengthening the law consciousness of the construction unit principals, establishing an efficient organizational structure, establishing a clear division of work and approval authorization mechanisms, improving moral level and the operational capacity of accountants, bringing full play to supervising and coordination functions of the internal audit, and etc. In the chapter of regulating internal accounting control activities at all stages of engineering project construction, this paper dissertated respectively at how to carry out internal accounting control activities at every link of every phase according to operation flow of engineering...