The Construction Of Internal Control Evaluation Index System In Listed Companies

In recent years, there are some phenomenon appearances frequently in domestic and foreigncountry, like financial fraud, accounting fraud, business failure, huge assets losses even bankruptcy,and so on. These problems make the enterprise internal control becomes the focus of internationaland domestic concerned about. Therefore, our country has issued a series of policies about theinternal control, such as the ministry of finance and other five ministries jointly issued the "basicstandard for enterprise internal control" in2008June,"the supporting guidelines for enterpriseinternal control" have released by April2010. They co-constructed to the evaluation system of thechina's internal control, improved the management level and the risk prevention ability of the listedcompany in our country.This paper makes the theory of internal control, performance evaluation theory and riskmanagement theory as the theory basis, to build a complete set of internal control evaluationsystem with principle of the overall, objectivity and systematic, and the quantitative andqualitative combined analysis. This system is based on the evaluation index of the internal control,quantifies the internal control quality with the internal control evaluation index, and the greaterindex, the more effective of internal control. Then calculate the internal control evaluation index of31listed companies in the coal industry, and using empirical analysis to find the relation betweenthe internal control evaluation system and the evaluation index. And reveals the internal controlcondition of China's coal industry currently by empirical analysis, to identify internal controldeficiencies and take appropriate measures. Ultimately, to improve the internal control level andrisk control ability of the listed company, achieving the five goals of the internal control. Thestructure of this paper is as follows:The first part is the introduction, mainly introduces the paper's background, significance ofresearch, domestic and international literature review, and research ideas, methods, content andinnovation.The second part is the basic theory of the listed companies' internal control evaluation index.This section defines the concepts of internal control evaluation and the function of internal controlevaluation index, and then introduces the overall framework of listed companies' internal controlevaluation index system.The third part is the construction of the listed company's internal control evaluation indexsystem. Firstly, shows the follow principles for constructing internal control evaluation indexsystem. And then to introduce the listed companies' internal control evaluation index system basis theory briefly. Finally, to show the calculation methods and processes of the listed companiesinternal control evaluation index. The design ideas is based the listed companies internal controlevaluation index system, to the internal control of the five goal as the starting point, designs astrategy index, report index, management index, asset safety index and the index with legitimacyand regulatory for the evaluation of internal control basic index, and the correct index withsignificant deficiencies of internal control, and integrates to determine the internal controlevaluation index.The fourth part is the application and inspection of the listed company's internal controlevaluation index.31listed companies in the coal industry as an example, based on the third part tocalculate the31listed company's internal control evaluation index, and determine its internalcontrol operation quality level, this section is mainly used to prove operability of the listedcompany's internal control evaluation index system.The fifth part is the relevance of the inspection between operation quality and performance ofthe listed company's internal control. A sample of31listed companies in the coal industry, throughthe SPSS software to test the relation of internal control evaluation index, economic value added pershare (EVAPS) and earnings per share (EPS). So as to prove the scientific nature of this research,and to analyze test conclusions, putting forward relevant policy suggestions.The sixth part is the conclusion, summarizes the paper, and describes the development of helisted company's internal control evaluation index.