The Enterprise's Internal Control Evaluation System Design On The New COSO Report

After a series of financing scandal exposed to China and abroad, internal control as an important means of enterprise internal management arouse unprecedented attention from the whole society. Under this background, the committee of American famous COSO released the new COSO report concerning internal control, namely Enterprise Risk Management-Integrated Frame based on The Bill of Sarbanes-Oxley . Development of internal control evaluation derive from gradual progress of internal control theory and practice. The introduction of the new COSO report will trigger a new round research boom of internal control and internal control evaluation.Referring to the current situation of internal control development in China, on the one hand, scholars rarely involve evaluation system in the study of internal control of companies and the existing evaluation system studies are based on COSO Internal Control-Integrated Framework; On the other hand, government sectors have been enacting relevant regulation on internal control, but few of them involve evaluation system initiatives; Furthermore, listed companies in China have not attached too much importance to the internal control evaluation, which leads to discontinuous, random and even invalid evaluation. Let alone the establishment of evaluation system. In the light of the foregoing, this thesis is dedicated to study of establishment of internal control evaluation system for companies in China, in a hope to establishing internal control evaluation system for those companies, thereby facilitating the continued development and perfecting of their internal control.Firstly, this paper briefly analyzed the background of internal control evaluation research, and revealed the theoretical and practical significance. Secondly, overviewed the theory and introduced the basic theory of internal control and internal control evaluation, analyzed the similarities and differences of the new COSO report and COSO Internal Control-Integrated Framework. The third part of the articles, focused on the system analysis of internal control evaluation theory, including the evaluation purpose, evaluation entity, evaluation criteria, evaluation object, evaluation procedures and evaluation methods. At last, we try to build a comprehensive evaluation index system in the light of the new COSO report eight elements and the use of qualitative and quantitative methods. At the same time, we used the Fuzzy Comprehensive Evaluation Theory and the BP neural network theory to quantify the results of qualitative assessment. Taking one bus company as example to show how to apply the comprehensive evaluation model in detail.