Research On Internal Control Of Enterprises In The Procurement Of Business

Nowadays, more and more countries begin to notice the importance of internal control, because itdetermines a company’ development.《Sarbanes-Oxley Act》and 《Enterprise Risk Management-Integrated Framework》show that western countries especially the USA, have achieve a new higher altitude.at the same time, we are construct internal control,too.Procurement operation is the key in a company. because it determines the cost and the profit.,so theinternal control of procurement can reduce the cost and improve the efficiency and can enhance thecompetitiveness. And then discusses the internal control of procurement framework, separately from theinternal control environment, risk assessment process, business process, information and communication,supervision and other aspects the elaboration and analysis, to build the enterprise internal control ofprocurement of the complete system.According to XY company’s procurement aspects of internal control present situation and theexistence question, from the system design, system construction and operating process and puts forwardsome improvement suggestions, in order to promote the company to further improve the internal controlsystem, improve business performance and core competitiveness.