A Study On The Internal Accounting Control Of Family Business In China

As a pillar industry of the private economy, family business plays an important role in improving the living standard of the residents and solving the employment. It is an indispensable important force in the national economy. According to the Ministry of commerce,about 150 thousand of the family enterprises are produced every year In our country. Compared with 1990, the recent momentum for the development of family enterprises in China has been relatively stable, the average life expectancy by original 3-5 years to seven years now, which China’s economic development to create more new power. But the management of family enterprises, especially the aspect of financial management, enterprise internal accounting control system is imperfect, the structure of the organization, internal audit role play to a series of problems such as insufficient, these problems not only harm the interests of the enterprise, also hindered the long-term development of family businesses.Based on the theory of internal accounting control, this paper expounds the concept, system and method of internal accounting control, Using case analysis method, to Sanquan foods of the family enterprise as an example, from the enterprise’s internal accounting control system of currency funds internal accounting control, fixed assets of internal accounting control, procurement and payment of the internal accounting control, cost of internal accounting control, present situation of marketing and receivables internal accounting control to analyze the control process, critical control points and implementation. Establish Sanquan food internal control evaluation index system, Sanquan foods accounting internal control comprehensive score obtained. Further analysis of the Sanquan food internal accounting control system of some problems.Good internal accounting control system is the long-term development of China’s family enterprises need. In this paper, through the analysis of China Family Business Internal accounting control, and combined with Sanquan food this case, and puts forward the ideas and methods of perfecting the China Family Business Internal accounting control, including the perfect enterprise internal accounting control system, the realization of the separation of ownership and management rights, deepening the construction of corporate culture,etc.,Some feasible suggestions are put forward from the angle of the government and the society, for other family enterprises have some reference.