The Study On Internal Control Of Financing Activities In High-tech Enterprises

Internal control is the key point of the enterprises’management, which is also an important part of the good management of the enterprises. If there is no internal control, enterprises are prone to financial dilemma, eventually leading to the enterprises’bankruptcy. Therefore, including high-tech enterprises, all enterprises must take internal control seriously. High-tech enterprises should strengthen internal management and grasp the key point to prevent loss of business interests.It is said that science and technology is the first productivity. High-tech enterprises of booming development, have quickly and widely changed our production and life style, and have promoted the rapid development of productivity. And with the development of high-tech enterprises, the competition among high-tech enterprises is also becoming increasingly fierce. The development of high-tech enterprises needs money, technology, information, market and many other elements, undoubtedly money is the most important started elements. High-tech enterprises should get enough funds without delay. with the development and innovation needs. In the research and development of new products to the market, use funds effectively and constantly improve the efficiency of funds. At the same time, grasp the result of funds use. That can provide scientific basis and decision support for enterprises to organize and manage financial flows. Only the internal control of financing is perfect. financing activities could be smoothly operated, and then enterprises" strategic objectives could be realized. Enterprises" financing failure cases happened commonly. The poor internal control is the source of the failure.There are five parts in this paper, including:The first part is the introduction, including the background of the paper, the purpose and meaning of the research. Some popular internal control theories at home and abroad are stated in detail. The ideas and the positive study in this paper are put forward.In the second part, the definition of the high-tech enterprises’financing activities is introduced. So we would have a deep understanding of financing activities in high-tech enterprises. According to the characteristics and process of financing activities in current high-tech enterprises, the flow of internal control for financing activities can be reached.The third part is an important part of this paper. In this part, taking Sanjiu Group as example, the importance of internal control for financing activities is analyzed in detail. Then we can easily get the defects of internal control of financing activities in high-tech enterprises. And the reasons for the defects are also discussed.The fourth part is the core of this paper. First the overall strategy on how to improve the country’s high-tech enterprises’financing internal control is proposed. And then we count and classify the financing ways of high-tech enterprises in Second-board Market. Finally specific measures of the improvement of high-tech enterprises" financing internal control are put forward from three aspects:bank loan, commercial credit, stock and bonds.The fifth part, also the last part, sums up the article as a whole, and proposes some efforts which could be made in the direction of future research.In this paper, through the comprehensive and systematic analysis of financing activities in high-tech enterprises, we try to find the key problems and then design the suitable solution which will help high-tech enterprises improve management level and economic benefits. Meanwhile, as more and more foreign companies coming to China, this paper also has reference significance for similar enterprises to strengthen internal control on financing activities.