The Evaluation Of Enterprises Internal Control

April 26,2010, the Ministry of Finance in conjunction with the Commission, the Audit Commission, the SASAC, China Banking Regulatory Commission, China Insurance Regulatory Commission and other departments issued a "complete internal control guidelines." The complete guidelines published in May 2008 with the "basic norms of internal control", jointly constructed for the internal control system of norms. This is a comprehensive upgrade of listed companies and non-listed medium-sized enterprise management level of an important measure for China to cope with a major international financial crisis, institutional arrangements. In this context, evaluation of internal control is meaningful.Internal control is a process by corporate boards, management and other staff affected to ensure the reliability of financial reporting, effectiveness and efficiency of operations and compliance with existing regulations, primarily by the control environment, risk assessment, control activities, information and communication, and supervision of five factors.Internal control evaluation is the decision-making board of directors or similar body on a comprehensive evaluation of the effectiveness of internal control, the formation of evaluation findings, the evaluation report issued by the process. Practice in internal control, internal control evaluation is a very important part.This set of internal control through the application process, from internal control, internal control evaluation and the relationship between the two analyzes the domestic and internal control and internal control evaluation of the development process, in line with theory and practice of combining principle, to COSO's enterprise risk management framework and the U.S. Sarbanes-Oxley Act and the relevant requirements, combined with the recent release of our departments, "complete internal control guidelines", built to control self-assessment and internal audit within the core Control Evaluation System. Then, with a business entity as a case around their business effectiveness and efficiency of the authenticity of financial reports, laws and regulations to comply with three goals, internal control evaluation system from starting construction and analysis of the implementation of the measures and results, Finally, a complete analysis, for Evaluation of Internal Control of practical problems, put forward a corresponding improvement strategies.