CashFlow Interal Control Research Of The XT Communications Corp

The internal control which have the concerned ranged widely and the comprehensive strong characteristic is the important component of the modern enterprise management, and it is the early-warning system and protection system of the stable development for the enterprise. The development of the internal control theory has experienced the four phases, which are the internal check, the internal control system, the internal control structure, and the internal control framework. The issue of the COSO report marks the new stage of the internal control theory. For the introduce the development of the internal control theory, as the trade in the New York and Hong Kong security market, the sound internal control have more important for Chin Mobile. Analyzing the cash flow internal control system present situation and questions of the China Mobile's subsidiary XT communications companies, according to the spirit of the COSO report, he establishment of the internal control system of the cash flow in the XT company will be follow the five aspects:1. To create the control environment of the cash flow management; 2. To strengthen the assessment and prediction of the risk affected the cash flow; 3. To standardize and improve the various control activities of the cash flow; 4. To enhance the information communication, and to establish and improve the information system of the cash flow; 5. strengthen the monitoring of cash flow. Using this theory, we show the idea to improve the internal control of the cash flow on the communications industry, to hope that give the inspire for the internal control of the communications industry, and can provide certain reference value for the specific implementation of the internal control on the communications industry.The paper is formed by six chapters. The first chapter introduce the research background, significance, research content and the basic structure of the paper. The second chapter briefly introduces the development history of internal control theory, objectives, principles and methods, and emphatically introduced the main contents of the internal control framework COSO report of the element and main characteristics, the third chapter mainly introduced the currently situation of the XT mobile companies cash flow management. The fourth chapter mainly evaluate the cash flow internal control of the XT mobile companies, include the success and insufficient, and analyze the reason of the insufficient; the fifth chapter proposed the inspire to improve the cash flow internal control of the XT mobile companies by the main spirit of the COSO report.the sixth chapter is summarized.