The Study On The Improvement Of Internal Control System In Jilin Petrochemical Company

As the economy develops to a certain stage, an important component of modern corporate governance, internal control system has become a measure of the level of corporate governance standards. The continuous development of its own system for enhancing the ability to withstand risks have a very important role. Western countries compared to China, the early exposure to a market economy. Therefore, the Western countries the level of the market economy to be more in-depth research and thorough study of the internal control systems and more careful. China's enterprises to enhance the level of internal control should be good at learning to developed economies. Continually improving the internal control system for internal control has become an important business development assistant, so that internal controls can effectively solve some business units in the internal management of the missing part, combing the business unit management process, strengthen the means of control units to reduce The business risks. In this one, how the various business units to realize the importance of internal controls, active use of the internal control system to solve their own problems, identify and improve their own internal control system approach for the internal control system to be effective in business management more effective significance.As a large state-owned Jilin Petrochemical Company, a subsidiary holding company, in the construction of the internal control system on the one hand, to comply with the requirements of head office, but also to other features for the company to refine the document outline specific job. This paper attempts to analyze the Jilin Petrochemical Company's internal control system of the building process and the criteria established by the internal control system, combined with the practical problems encountered in work, with the classic standards of the COSO framework to measure than that of Jilin Petrochemical Company in the internal control system shortcomings and omissions. This paper attempts to COSO framework ideas, from the control environment, risk assessment, control activities, information and communication and monitoring COSO framework consisting of the main five elements starting on the company's internal control system in detail to supplement, to internal control system in Jilin petrochemical company operating in all branches reflected on, can really play in the effective management of the purpose, but also hope that through the internal control system continues to improve and perfect, so that the internal control system can really Jilin Petrochemical Company's long-term stable development of escort.