Research On Internal Control System Of Hefei Meiling Co., Ltd.

Along with the establishment and improvement of our socialism marketing economy, the economic environment which faced by the enterprises of our country is becoming more complicated. The pressure for the enterprises' survival becomes more and more demanding after China entry WTO. The topic is on how to increase the popular enterprises' competitive edge by theory researchers. Establishment and improvement of internal control for the enterprises is the important part of improving enterprises' management and increasing enterprises' competitive ability. But we can see, there are many problems about internal control of Chinese enterprises. Such as the blur of internal control's concept, the weakness in the risk consciousness, the deficiency of supervisory dynamics and so on. So strengthening internal control has become urgent.The paper starts from the concept of internal control. Then it expounds the components of internal control in the new COSO Integrated Framework, the targets of internal control, and the research actuality in our country. Based on all above, the paper analyses the current situation of internal control of Mei Ling joint-stock limited company in Hefei from four aspects which are control environment, risk assessment, control activity and monitoring. And then it puts forward some suggestions of perfecting internal control which aims at the emerged problems. Finally, the paper points out that improving the internal control needs not only the efforts of the enterprises' themselves but also the outside support.