A Study On Internal Control Self-Assessment System Of Enterprise

Since the21st century, due to internal control failure of major financial fraud cases emerge in endlessly. On March8,2013, a "Wan Fusheng fraud listed, ping an securities admitted that internal control is weak" news appear in the major of finance and economics website, ping an securities as Wan Fusheng IPO sponsors did not perceive the business listed before the financial statements there are serious inflated revenue and profit, the amount of up to hundreds of millions of Yuan. The relevant person in charge of ping an’s truth is due to inadequate internal control links exist, this fully shows that ping an securities failed to timely and accurately for the internal control self-assessment, resulting in the securities market "earthquake". Practice frequent outbreak of internal control failure problem has caused high attention of internal control evaluation in the theoretical circle. In May2008, the ministry of finance and other five ministries and commissions jointly issued the "enterprise internal control basic norms", and published in April2010the form a complete set of guidelines, evaluation of internal control guidelines in a certain extent to pointed out the direction of the enterprise’s internal control evaluation. But due to the relevant evaluation guide only shows a general framework, the enterprises in the actual operation there are still many difficulties and problems.Internal control self-assessment is to improve the enterprise internal control system and ensure its effective implementation of the important means, is to control the internal control. Through internal control self-assessment, to help enterprises to find and plug up loopholes in control in time, establish a sound internal control system, with the goals of the internal control is of great significance. To make internal control self-assessment first must establish a perfect internal control self-assessment system. This paper tries to build such a system of internal control self-assessment,. makes every effort for the internal control self-assessment provide theoretical support and practical guidance.This paper mainly adopts normative research method, and it can be divided into six parts. Part one, it’s the introduction. It mainly includes the intents and meaning of this paper, and some innovations.Part two, it’s the theoretical foundation and literature review. It mainly includes the development of internal control self-assessmentandthe current assessment patterns.Part three, this part is mainly about the new five elements of internal control self-assessment. This method is proposed based on clearing the internal control object location and elements subdivision, according to the five elements theory andnew two elements theory of "control structure"+"corporate culture" in Basic norms of internal control. It aims to advance theposition of corporate culture in the internal control.Part four, this part mainly analyzes the internal control self-assessment reports of the corporation which are listed at home and abroad, and discovered the existing five major problems existing in evaluation mode.Part five, this part is the main body of this paper. It is aimed at established a rounded internal control self-assessment system, which includes in assessmentbody, assessment object, assessment mode and assessment report. The "target-element" matrix which the author proposed, can resolve the problem mentioned above, and offer a reference for the internal control assessment. The selection of assessment indexes are the reference of the basic elements of Basic norms of internal control, and refer to high risk element of the Institute of finance and accounting team of Nanjing University. However, the selection of assessment method is according to fuzzy comprehensive evaluation method of the analytic hierarchy process.Part six is the summary of this paper; it points out the shortage and provides a guide for the further study.