In The United States Listed On The Main Board Of The Internal Control

Internal Control plays an important role in the survival and development of the enterprises. According to the Sarbanes-Oxley Act(hereinafter as "SOX") ordinate in 1992, all the public enterprises in American should perform the internal control system, including the Chinese corporations.The public corporations listed on the main market of American confronted fierce competition and strict laws. Thereafter,many countries and districts all over the world have enhanced or improved the standard for internal control of enterprises,especially public companies, by enacting related laws, acts or establishing internal control regulations and rules.The Internal control—Integrated Framework and ERM Framework promulgated by the Committee of Sponsoring Organizations of the Treadway Commission become the criterion referenced and basis for both risk management and internal control.Since the Ordination of Internal Control Regulations in 2007 in our country, the Internal Control guidelines related of the Regulation released in 2010 gave clear guidelines for the enterprise development,implementation and evaluation of internal control system.The enterprises listed on the main market of American or planning to listed abroad which should implemented two systems of law regulation confronted new challenges.This article starts according to logic like"ask questions-analysis the problem-to solve the problem".The first two chapters is "ask questions", which also describe the general theory of internal control.The third chapter is "analysis the problem",which analysis the regulatory environment of the internal control system for enterprises and the new criterion of internal control which took the COSO Framework as reference. On that basis,this article analysis the status and defect of the internal control systems of the corporations listed on the main market of American,and attempts to analysis the reasons for its defective in-depth. The fourth chapter is "solve the problem",which reference to the Ministry of Finance "internal control regulations" and other relevant laws and document,put forward the methods and ideas to design the internal control system of our listed companies in the main market of U.S. according to the COSO internal control framework. The enterprise internal control system is divided into five subsystems and a central control system which is the objective of the role and the five core subsystem. The five subsystems, including the internal control environment subsystem, risk prevention and control subsystem, monitoring and evaluation sub-system, communication and information management system of control subsystem, control activities system. Then the design ideas were described in detail.In practice, this article takes the A company as an example, take the designing of internal control system of A company to provide effective methods and procedures for our enterprises listed on the main market in U.S.