The Establishment Of The Company's ICS.

Internal Control is a traditional but dynamic topic, the purpose of which is to avoid risks. The establishment of the Internal Control Systems is to establish a set of internal self-regulative, self-restrain controlling systems for the operational mechanism and norms within the enterprise. Internal control has attracted more and more attention since the Ance affair happened and the new China accounting principal came out. With terminating the unpractical Internal Control System (ICS), China groups and enterprises start to design and build a new effective ICS to make sure that corporation will benefit from its financial system indeed. The new ICS should consider various factors including the corporation management structure, organization structure and all-round budget, and it can not only solve the present corporate management problems, but also have a development prospect in a long run. So we should consider problems in multi-angles to extend the function of financial center when we build an appropriate internal center system. This essay will take American Right Group establish ICS as an example to talk about what we should concern most in building an effective ICS. Analysis of the focus and keypoint for the enterprise to establish or update the internal control system.