A Case Study On Internal Control System

Currently,our country is faced with a serious economy crisis.Against the backdrop of rapidly changing of external environment and aggravation of the trade inner competition,the real estate enterprises should perfect their internal work by constantly develop internal management and control standard,apart from maintaining capital chain and ensuring the opening of the financing channels.For real estate enterprises,the construction and perfection of internal control system is not only an important business support,but also a guarantee for living though the severe winter of the land estate market.Therefore,on the basis of some comparatively mature internal control system at home and abroad for reference while combining with our enterprises' actual conditions,it's meaningful to explore how real estate enterprises could choose reasonable and effective internal control models as well as the necessity and improving measures of constructing and perfecting internal control system.In this thesis,the method of case study is used.A real estate enterprise--S Holdings Limited--is taken as the research object.Starting with the concept and characteristics of internal control,the developing process and research status of internal control,the principles to establish internal control system and steps to review internal control,and through the introduction of the business background in S Holdings Limited,followed by the present condition of internal control in S Holdings Limited,I try to makes a close combination of the theory of internal control construction and the practice of perfecting internal control system carried by S Holdings Limited.Basing on the requirements of SOX Act,1 examine the three levels--Corporate Governance Level,Business Process Level and Information Technology General Control Level--of the internal control system,identify and evaluate the effectiveness and problems of some of internal control measures. Furthermore,I sum up some thoughts and methods for perfecting enterprises' internal control so as to lay a good foundation of internal control for the real estate enterprises to promoting management level,increasing economic benefit and competitive power of trade.