An Optimization Study For The Internal Control Evaluation Index System Of Qingdao A Shipbuilding Heavy Industry Co., Ltd

Internal control refers to the division of responsibilities betweenthe business organization and a system of economic units and organizationsestablished in economic activities of mutual restraint. The internalcontrol evaluation is an enterprise of the board of directors orequivalent governing body of the effectiveness of internal controls toconduct a comprehensive evaluation form evaluation findings, the processof evaluation reports issued. A complete internal control evaluationindex system is needed among them.China issued <the basic norms of internal control> in2008, thenissued <Guidelines for Enterprise Internal Control>(including18setsof application guidelines,<Enterprise Internal Control EvaluationGuidelines> and <Enterprise Internal Control Audit Guidelines>) in2010.Among them, the latter gives us some specific provision and guidance forhow to build the enterprise internal control evaluation index system.However, there are still some problems in our internal control relevantdocuments currently issued. Meanwhile, a lot of companies do not improvethe internal control standards based on the actual situation of their ownassessment of the enterprise, but copying follow these "guidelines". Sothat the internal control evaluation index system is incompatible withthe situation of the enterprise.In this context, I choose Qingdao A Shipbuilding Heavy Industry Co.,Ltd. as the research object, for an optimization study of its internalcontrol evaluation index system. Qingdao A Shipbuilding Heavy IndustryCo., Ltd. is a manufacturing subsidiary of a listed company. Its mainbusiness includes ship repair, construction and refitting, which make thecompany have strong and excellent results. Qingdao A company issued<Qingdao A Shipbuilding Heavy Industry Co., Ltd. Internal Control Manual>and <Qingdao A Shipbuilding Heavy Industry Co., Ltd. Internal ControlEvaluation Manual> in2012and other rules after that, in order tostrengthen the company’s internal control system. It can be seen, A Company, as a good performance in accordance with national requirementsand the establishment of internal control evaluation system manufacturingcompany, has a strong research representation.The purpose of this article is: through the optimization of itsinternal control evaluation index system constructed, we can proposeoptimization suggestions for the company’s internal control evaluationindex system. And from the point to the surface, we can make generalrecommendations to build the enterprise internal control evaluationsystem, further reflecting the extent applicable to our current internaldocuments issued for enterprises and relevant departments to furtherimprove its internal control evaluation system for reference.This article uses the following methods:1literature study: throughthe literature search, reading and analyzing, the article gives thevarious researches on the introduction of internal control evaluationsystem, which mature and attract research;2survey: collect a company’sinternal control system and its evaluation methods with purpose and plan,and fieldwork issues of the system implementation;3Case analysis: takeA company as a case study in depth evaluation of its internal controlsystem and make relevant optimization recommendations;4Comparative Law:compare A company’s internal control evaluation index system with<Guidelines for Enterprise Internal Control> for our study, summarize theadvantages and disadvantages of the building of A company internal controlevaluation index system;5level analysis: divide the optimization ofinternal control evaluation index system into macro and micro levels,combine with in-depth analysis of the case.Results of this study are: by the analysis A company’s internalcontrol evaluation index system, some suggestions which are proposed:1increase in suitable projects as quantitative indicators;2richqualitative indicators testing methods;3combine with the qualitativeand quantitative indicators to overall the internal control evaluation;4increase some chapter which is worth in <Guidelines for EnterpriseInternal Control>;5further tap the own characteristics of the enterpriseto enrich the evaluation index system. In addition, through this research,the paper also draws the following conclusions:1Production and operation of enterprises should be based on their characteristics, follow theevaluation index system of internal control principles, and build theirown best suited evaluation index system with all-round, multi-angle;2.Construction of the enterprise internal control evaluation index systemis a dynamic process, according to their own business environment changesand flexible adjustment;3Our country should increase business researchefforts, and improve the formulation of <Guidelines for EnterpriseInternal Control> to meet the needs of more companies.