Cash Flow Internal Control Analysis Of BETT Company

With the reform of China’s power system, the rapid escalation of UHV power grid of UHV construction, the rapid development of power industry in northern Hebei Province. Improve the internal management of the transmission and Distribution Company to promote the power of enterprise management mechanism, a sound management system and management approach, the progressive realization of the scientific management, and optimal allocation of resources, improve the efficient operation of the management to achieve the management of grid refinement. Is the only way to sustainable development of the northern Jibei Province Beijing Transmission and Distribution Company. Capital management in a central position in the electricity business operations management, funds management activities of all the business activities of the modern enterprise management material basis for it everywhere in the power production and operation management activities, how the effectiveness of its management, directly affects the power enterprises the rise and fall. Only enhance the power of corporate cash flow management, in order to control the operational risk of the electricity companies to enhance their core competitiveness, and enhance the utilization efficiency of the whole enterprise funds, thereby accelerating the development of the enterprises themselves. Theory of development within the enterprise cash flow control, including internal control systems, internal control structure, internal control framework, COSO report in four phases. Beijing Transmission and Distribution to send as a traditional state-owned enterprises in China, analysis of cash flow management and control measures, will help improve the level of control of state-owned enterprises in China’s internal cash flow, concrete from the following three aspects:(1) implementation of a comprehensive budget management,(2) to strengthen the centralized management of funds,(iii) the implementation of the internal audit system.