Listed Companies Internal Control Theory And Practice

Internal control has many fuctions.It can protect asset safety and full, it can guarantee the safety and integrity of property. It can check accounting data's veracity and reliability ensure the truth and reliability of accounting documents, and promote enterprise's operating efficiency.Internal control system is an important component in modern enterprise management,and is also absolutely necessary among many fuctions of management.Enteprise operation failure and accounting information falsity often hanppens in listed company. It brought tremendous loss to many investors.So it is urgent for us to research internal control from the aspects of theory and practice.Many experts and governments in the world have paid more attention to internal control in recent years.A lot of criteria and law is issued in succession.Interaal control standard committee set up in our country last year.SEC asks listed company in American to follow the law about internal control strictly.If listed company wants to stay in American capital market,They have to face the challenge and opportunity and comply with the law.According to the fact in our country,We should set up criterions system and law.Internal control theory includes its orign, development,goals,contents,methods evaluation.Among the five elements of internal control: control environment,risk appraisal, control activity, information and communication, monitoring, control activity is most important .The control before , during and after the enterprises' business should be taken into consideration.Problems in listed company in our country include faultiness of corporate governance,non-institutionalization of risk evaluation, lack of good accounting control, imperfect interna control system, insufficient attention to internal audit , disclosure faultiness and etc.Control environment,risk appraisal,control activity,information and communications,monitoring should be consummated. Executions examinantion corporate governance structure information disclosue and lawmaking is the key to interna control.