Internal Accounting Controls

The title of my article is Enterprise Internal Accounting Control. The first detail definition of "Accounting Control" was raised in 1963.At that time, being a component of internal control, accounting control is defined as methods and procedures to ensure the safety of assets and the accuracy and reliance of financial data. After that, In 1972, the concept of accounting control was re-defined, but this new definition changed little. From the first time accounting control appeared to now, it has been 40 years. It seemed that there is no need to study it any more, but actually it deserves. With the waves of global economic integration, a lot of foreign companies entered Chinese market. In face of competent opponents, Chinese enterprises face tough challenge, especially their management thoughts and methods. They need renew constantly to adapt the requirement of new trend. Meanwhile, accounting, which has been playing an important role in enterprise management, also faces the challenge to reform and the opportunities to development. Compared with other management control, accounting control, which runs through the whole process of enterprises management, has gradually becomes the core of internal control. Therefore it is more essential to make a systematic study of accounting control. The article includes five parts. Part one is the theoretical explanation of the concept of internal accounting control. Studying the objectives, principles, procedures and approaches of accounting control. With the audit theory, developing the theory system of accounting control. Part two is the analysis of the problem about some enterprises1 weak internal accounting control. Part three is to analyze the reason why these enterprises are lack of accounting control, especially the control circumstances. Part four is some advice for building the system of internal accounting control. At last, I use two examples to show how accounting control works in enterprise's operation.