The Study Of Internal Control In SANY Nigeria Company Limited

Internal control is not only an important part of materializing modern enterprise management,but also the basis of implementing enterprise's production and operation activities. The perfect effective internal control is regard as the effective means for the modem enterprise to strengthen economy management, to enhance the economic efficiency, the safeguard of reliable financial information, the protection of security assets integrity, as well as achieve the strategic goal of enterprises. The world's most developed capital market, will the United States has from the legislative level, the internal control Tiji the establishment, maintenance, evaluation and reports as the operator's important responsibility, our internal control system of norms is looking to move closer to international standards.。WTO for China's enterprises not only brings opportunities-the vast international market, as well as challenges one-and some of the world advanced enterprises with equal competition in the market. As the construction machinery industry international subsidiary, Sany Heavy Industry undertaking Sany Nigeria company to explore international market, responsibility. In this paper, the theory based internal control framework, combined with Sany subsidiaries in Nigeria a case study of internal controls on how to improve the international subsidiaries internal control system.This article firstly studies the internal control theory. Then, it analyzes the actuality of the internal control of Sany Nigeria Co., Ltd with the main clue of sales business, regarding to its storage management control, cost planning, fund budget, etc. carefully analyze the Sany Nigeria subsidiary of the internal control environment, and reveals its internal control system problems; Finally, from the sound system of internal control system, a risk assessment system and the creation of good internal control environment and improve internal oversight of internal controls such as optimization system. This article attempts to apply theories of internal control within the control of international subsidiaries construction, forming a more comprehensive internal control system.