The Research Of Internal Financing Control Scheme For The A Power Supply Company

With the globalization and integration of world economy, the competition between corporations has become increasingly fierce, so the focus of enterprise improvement is on their core competitiveness. In the management system of enterprise, the construction and operation of internal financial control system has a significant impact on their future development, so it is very important to strengthen the research on enterprise internal financial control system. As the basic energy industry, the electric power industry is the foundation of national development, but from the current point of view, its internal control system still has many defects.Using the power supply company A as the research object, this paper aims to a in-depth understanding of the current situation of this company’s financial control system, with the relevant methods and tools applied in its analysis. The risk control points for all aspects and stages of financial management are analyzed and classified in detail in this paper. Based on the relevant analysis, it then provides some meaningful recommendations and strategies for the internal financial management of corporations in order to the optimization and promotion of it. According to the study of enterprise financial system control, this paper hopes to promote the development and implementation of the internal control system of financial management in domestic, and which can eventually produce the value-added benefits for the enhancement of comprehensive competition ability of enterprises in our country.The main contents of this paper are divided into the following parts. Firstly, it gives an overview of the current works, main findings and significance of internal financial control system, then it introduces the relevant concepts of the system, and how to define the financial risk with the analysis of its types, characteristics and causes. This paper further analyzes, studies and summarizes the current situations and issues of company A’s financial risk control system, as it is regarded to be the practical foundation of the internal control promotion in financial system. Finally, it provides the corresponding solutions to the existing problems of company A, to be more specific, it gives the recommendations in seven perspectives, first, to attach a great importance of internal financial control into the awareness level and to create the needed environment for it; second, the government should vigorously promote and supervise the implementation of enterprise internal financial control management; third, to strengthen the construction of internal control system for financial risk assessment in the risk evaluation system; fourth, in terms of policy institutions, it should establish the internal accounting control into the financial control system; the fifth, to secure the implementation of a comprehensive budget management for the realization of all goals in internal financial control; the sixth, to establish internal audit system to ensure the effect of the implementation of internal financial control; the seventh, to improve talented team constructions and the level of internal financial control.