The Study Of Changqing Oilfield Company Internal Control System

The section 404 of SOX Act brings forward strict norm on the internal control of enterprises, that is, the listed companies should establish the perfect intenal control system according to COSO framework recommended by section404. The Changqing Oilfield Company is the district filiale of Petrochina listed on the US stock markets. According to national and listed state's regulation, as well as the increasing competition in & abroad, to enhance intenal control of Changqing Oilfield Company, to improve the management level, to introduce new management principles, to build environmental adaptive intenal control system, is not only the main content of core competitive capability improvement, but also has great contribution to the reality of integrated strategy target.Internal control's evolution and theory are interpreted as the research starting point, on the basis of absorbing the internal control with such domestic and international research results, according to the characteristic of Changqing Oilfield Company, try hard to structure the framework and implement of internal control of Changqing Oilfield Company.First of all, the article defined the factors and connotations of internal control and mainly discusses the basic theory of internal control which explicates the theoretie foundation. And made the explanation and introduction to the internal control newestframe, "Enterprise Risk management integrated Frame".Then, analyses the existence problerm of the internal control of Changqing Oilfield Company, and tallies up the internal control of Changqing Oilfield Company .Finally, on the basis of the above research, discuss the framework and implement of internal control of Changqing Oilfield Company.In the framework of internal control of Changqing Oilfield Company, we pay high attention to discuss the aims and the framework elements of Changqing Oilfield Company, the thesis discuss the specifie executive scheme of Changqing Oilfield Company in the direction of COSO Control Framework, from the aspects of environmental control, risk assessment, control activities, information & communication and Surveillance.And, research on the valuation of effeet system, it presented main content, program, procedure and standard. Finally, the thesis has discussed some guarantee company internal control smooth implementation measure.The thesis through the detailed elaboration, has provided the mentality and the suggestion for the enterprise internal control system construction, also has to the related enterprise uses certainly for reference.