The Research Of S Company Internal Control Of Monetary Fund

Many enterprises because of the lack of sound and effective internal controlsystem, which resulting in loss of property management confusion, waste, reducework efficiency and economic benefit, also may cause corruption. The monetaryfund because of its high liquidity, low safety, poor management controlcharacteristics, especially can be directly used to pay the characterisitics, somonetary funds into intentional corruptions, theft, misappropriation of object, moneyis very easy to loss, caused difficulties in production and management of enterprises.According to statistics, law enforcement departments at all levels in China in recentyears in the economic crime case, seting up a private coffer, illegal embezzlementcase is often seen. It involved big sum of money and many people, which is astruck dumb. The failure of internal control, especially the failure of internal controlof monetary fund is the fundamental reason for these cases. In this environment, eachenterprise on the internal control of monetary fund must ensure strict high standardrequirements. Therefore, to establish and perfect the internal control of monetaryfund system is very important.The whole process of monetary funds have been throughout the economicenterprise activity, is the business activities of the "blood", so the currency fundscontrol must always is the focus of enterprise internal control. In order to sum up theexperience and lessons of the enterprises in the internal control of MonetaryFund, improve internal control and strengthen the small and medium-sized enterprisemonetary fund, I chose Lou Di S new materials company Limited by Shares (here inafter referred to as "S") study the internal control of Monetary Fund, tries to designmonetary fund internal control system and improvement of the premise, in the toensure the safety of the monetary funds, maximize the effectiveness and efficiencyof monetary funds, provide good reference for the internal control of monetaryfund construction enterprise China roll and prepare the listing of small and mediumenterprises.This paper selected topic background and the significance, the domestic andforeign literature explains. Secondly introduces the monetary fund theory andmanagement internal control theory. Then introduced the basic situation of S companyinternal control of Monetary Fund, analyzing problems and its deficiency from themonetary fund division of duties, authorization control, accounting controlsystem, budget control and internal control system. Then according to S company’sinternal control of monetary fund problems and put forward the basic train of thought, method and corresponding suggestions of perfecting internal control, includingthe division of job control, to improve the monetary fund authorization control, toimprove the monetary fund accounting control system, improve the comprehensivebudget control, improve the internal audit function, at last, the author of S thecompany money income and expenditure process needs to improve, the specificbusiness process operation.