Research On Disclosure Of Internal Control Of Chinese Listed Companies

Publishing various information outward is a necessary way for listed companies to set up their own image to the social public, get involved in the social economic activities, and also satisfies the social public the demanding to the listed companies'information. The internal control is the reasonable guarantee of the operating results, the risk guard and the quality of financial report, so the information user may understand whether the design of company internal control is consummate and the execution is effective. And the judgment can make out whether its operation condition and the financial report are reliable In this circumstance, publishing the information of internal control turns up. For the sake of protecting the investors'benefits and the healthy and stabile development of stock markets, internal control information disclosure's science, accuracy and sobriety must be guaranteed.Internal control disclosure has been paied more and more attention from all over the world in recent years. After several years of internal control's voluntary disclosure, the USA has issued rules to require public companies to implement mandatory disclosure. In the year of 2000, China Securities Regulatory Commission (CSRC) issued rules to demand listed commercial banks, stockjobbers, insurance agents to disclose their internal control compulsorily. CSRC also has issued relevant rules on other listed companies. However, the rules of disclosure have been put in use for short time and the study on reasonableness and effectiveness of rules is very limited. Based on the above considerations, this article analyses the current situation of listed companies'disclosure of internal control in our country, and tries to bring forward some suggestions on the problems.