Jinbei Corporation’s Sales And Collection System Of Internal Control Improvement Research

In recent years, with se veral major internationa l financ ia l fraud and accountingfraud cases, the China’s ministry o f finance, secur ities regulatory commiss ion,insura nce regulatory co mmiss ion, the aud itor and the China bank ing regulatorycommissio n jointly iss ued "a comp lete set of interna l contro l guide lines forenterprise ". Along with the basic interna l contro l nor ms for enterprises ", we havefor med our country e nterprise inter na l control basic norms s ystem. Whic h requiredthe listed companies、the lar ge and med ium-sized unlisted companies set up perfectinterna l contro l. Ind icating that China’s rele vant departments has focused on theconstr uction o f the interna l contro l s ystem. Due to s low GDP growth, the globalfinanc ia l cris is, domestic economic structure adjustment and so on reasons, the wiremanufactur ing industr y overall downtur n whic h is second to the auto motive industr yin our country. How to make use of the interna l contro l of modern mana ge ment tools,improve the leve l of enterprise risk mana ge ment, improve the effic iency of thepayme nts and sales process, and truly achieve cable wire industr y bigger and stronger,it had shown great research significance.To optimize jinbei co mpany inter nal contro l s ystem, this paper based on theinterna l contro l standard syste m in our country a nd ana lyze the jinbe i companysystem deep ly by us ing modern mana geme nt, corporate gover nance and riskmana ge ment theory. By careful ana lys is of co mpany’s sales and collectio n industr yenvironme nt and the inter na l control environment factors such as cases, we found thejinbei company some proble ms such as weak inter na l contro l enviro nment, riskassessment process, lack of contro l activities and objectives are not clear, the interna lsupervis ion does not reach the designated positio n, etc. After fundamenta lly ana lyzedthe root causes of it, we comb ining with the inter nal contro l theory and practice,based on the company’s current inter nal contro l system of the proble ms. This paperputs forward improve ment op inio n to makes every effort to improve jinbei companyinterna l control syste m and to improve the ab ility o f corporate governa nce. We hopethis paper can give the related enterprise sales and collectio n cycle inter na l controlsystem some certain reference significance for the optimized improvement.