Jilin Oilfield Company Internal Control Under ERP Environment

Since2001, accounting scandals and accounting scandals that American stock marketshave been hit hard, the imperfection of internal control is considered to be one of the rootcauses of a series of financial scandals, in order to restore investors on the American stockmarket, the United States market and Accounting Firm’s occupation moral faith, the UnitedStates on July30,2002promulgated the "Sarbanes-Oxley act". The act of the overalldescription of the internal control.This thesis starts from internal control theory, made a detailed introduction to the maincontents of the five elements of internal control in China under the framework of COSO.Jilin Oilfield Company is a regional corporation affiliated to PetroChina Co Ltd, for theconstruction of internal control system in accordance with the overall plan of oil, to COSOframework for the establishment of internal control system framework, to fully andeffectively guide the construction of the internal control system.In the new economic situation, enterprises pay more and more attention to scientificmanagement, internal control should be based on the actual situation of enterprise innovationconstantly, more and more enterprises begin to make use of the advanced informationtechnology to management of enterprises. ERP is a kind of management system, is a fusionof the management concept and management thought and advanced information technology,with the aid of certain technical means the management thought of curing to enterprisemanagement. The internal control system, management with ERP system to obtain therequired information; the enterprises facing the risk, the ERP system will help enterprises toreduce all kinds of risk management, improve the level of risk management.The article through the analysis of the current situation of internal control of Jilinoilfield in Jilin oilfield, finds out the existing problems in the process of internal controlexecution, and then study the successful implementation of ERP system of Jilin oilfield ofinternal control, the new challenges facing Jilin oilfield, internal control and ERPenvironment to adopt the corresponding measures taken and the results achieved.