The Cost Control Of Transnational Shipping Enterprise Based On COSO Internal Control Frame

The shipping industry is now under the environment of the fierce global competition, various companies all attempt to reduce cost and enhance service to gain the market and customers. It has become an important aspect of improve enterprises economic benefits by means of reinforcing the shipping enterprises cost control and promoting enterprise management, because it is impossible to improve the transportation revenue in a large scale.According to the research of shipping industry cost control, whether the theorists or the shipping enterprises still linger on the general introduction and the elaboration. Moreover, the research still mainly focuses on the selection of accountant pattern. And it doesn't insufficiently analyze the cost control system tending to be the principle research and how to comprehensively improve the cost control. The research lacks of relevant management frameworks and systems according to the enterprise strategic target.In the view of the theory development and the present condition of cost control, it has the high theory value and practical significance to establish a cost control management framework which conforms to the present status and development requirement of shipping industry and which guides the construction cost control management system domain a brand new theme in cost control field.This thesis discussed: how to make use of the COSO framework, the management effect and the benefit, the reliability of the financial report, following proper regulations to provide the reasonable guaranteed internal control framework, constructing the shipping enterprises cost control management system, providing practical significance and operational solution for the shipping industry even the entire service industry cost control management and finally achieving the effect management of cost and reduction of the operation cost.The treatise first generally analyzes the domestic and overseas COSO framework and cost control research results, elaborated the relevant theory of the COSO framework and cost control. As an important tool of cost control system, the thesis then utilized the core factors of the COSO framework to briefly analyze the cost control of the transnational shipping operation department in five aspects, namely the control environment, risk evaluation, control activities, information and communication as well as supervise. Thus to discover the problems exist in the cost control and to improve the defects. And finally it established the management framework of the cost control and completed the relevant cost control system.The innovation of the thesis lies in: It based on the cost control theory and confirmed key points designs evaluation index and definite the scale of the cost control to establish a complete cost control management system by means of utilizing the COSO framework as the target of cost control, and eventually put forward the practical method of establishing transnational shipping enterprises cost control system under the COSO framework. The method could not only improve the management of the enterprise cost control, control the cost risks and reduces costs, but also it could strengthen the internal control of the enterprises and perfect the enterprise management and operation system, The thesis also mentioned some problems in the cost control process and worked out the solutions to the problems, which provide the facts for the analysis and solution of the transnational enterprises cost control application under the COSO framework. All these could be applied and used for the shipping enterprises and the service industry.