Optimization Of Internal Control Of Private Small And Medium - Sized Manufacturing Enterprises

The large number of private small and medium enterprises(hereinafter referred to as SMEs) is growing,and its role in the national economy has become increasingly important. However, private SMEs, there are still fragile chain of funds, short life cycle and other issues, survival and development situation is not optimistic. Although the relevant departments to start giving attention to its external environment is gradually improving, as in 2015, National People’s Congress and Chinese People’s Political Consultative Conference which will focus on the issue of financing issues for discussion, in order to broaden its financing channels desired. But the management of its internal controls above still exist many problems, which undoubtedly is a reason for such private SMEs unsustainable development. In addition, China’s introduction of the internal control guidelines and other relevant specifications more suitable for state-owned enterprises, listed companies, and these poor adaptability for private SMEs. Therefore, in order to improve the living conditions of the private small and medium enterprises, private small and medium enterprises must be based on its own characteristics to optimize their internal controls.Based on this, select the private small and medium enterprises in the production-oriented enterprises as the research object, the internal control relevant to the basic theory and research results are summarized for reference, based on the combined production of small and medium private enterprises own characteristics exist for private small and medium manufacturing enterprises internal control system design and implementation of the study, further analysis of its main internal control deficiencies, that the current production of small and medium private enterprises internal control should be addressed organizational structure is irrational, lack of enforcement, awareness of risk control is weak, poor communication and inadequate internal supervision five main issues. And the corresponding optimization advice in theory, its recommendations from management institutionalized, equity diversification, clarity of responsibility and authority, risk control and internal restoration of effective oversight to improve. Finally, in order to better verify the reasonableness of the proposed optimization and operability proposed chosen a private company for the small and medium manufacturing enterprises--X objects, through field visits, interviews and other forms of information gathering, we hope the case study approach production of small and medium private enterprises to explore the specific operation of internal control optimization, combined with the optimized feedback X company to make further adjustments to provide practical suggestions for optimizing the production of small and medium private enterprises internal controls.