A Mobile Corporation Financial Risk Internal Control System Optimization Research

In2007America subprime mortgage crisis triggered by the global financial crisis,has a great impact on the world economy, resulting in multinational economicslowdown, even some countries experienced negative growth, China’s economy hasalso been a profound influence. In our country, perplexing economic situation,economic recovery is not stable, uncertain factors, economic downward pressure isstill larger, state clearly the continue to Wenzhongqiujin total tone, comprehensivelydeepen the reform, expand open, innovation driven, adhere to the China characteristicnew industrialization, informatization, urbanization, agricultural modernization.With the development of our market economy and the deepening of reform, hasgreatly changed the environment of the mobile communication enterprises. To getmore development opportunities at the same time, all kinds of risk of mobilecommunication enterprises have also increased: the development of OTT businessscale, virtual operators to enter, the rapid decline in voice, short message and othertraditional business, the mobile Internet business gradually mature,"camp to add"policy. Mobile communication industry is the basic industry of our country socialistmarket economy and an important pillar, is also a high input, high risk industry.Therefore, must establish a risk prevention system of internal oriented enterprisecontrol, effectively guard against and defuse the risks of enterprises, so as to realizethe healthy operation of the mobile communication industry in China and the soundand fast development of national economy.China Mobile Communications Group A Co. Ltd as a wholly owned subsidiaryof China Mobile Communication Corporation, follow the pace of mobile group, fromthe beginning of2006, according to the requirements of the regulatory at home andabroad and internal control, formulate, implement a series of effective financial riskcontrol strategies and measures. At the same time, through the implementation andpromotion of financial centralized accounting, improving financial risk management,improve the efficiency of the financial management, reduce the risk of internal control.But with the management problem of A Mobile Corporation rapid development inrecent years of neglect and cover up day by day, the financial risks remain.Optimization and improvement of A Mobile Corporation financial risk internalcontrol system is not only the internal, external regulatory requirements, but also theneed of their own development of A Mobile Corporation.In this paper, the A Mobile Corporation as the object of study, in the existingmode, centralized accounting and financial early warning, combined with thecompany’s budget management, asset management, absorbs the domestic and foreignresearch results, in order to optimize, perfect for the development strategy of the company’s financial risk internal control system as the goal, based on the internalcontrol mechanism, financial risk characteristics of a comprehensive study of thecompany, accounting, financial early warning, to the comprehensive budgetmanagement, asset management four aspects optimization of A Mobile Corporationfinancial risk internal control system from the finance concentration, at the same timewere normalized to the internal control system of financial risk through testing, andthrough the implementation of the internal control of IT curing, and strive to achievecontrol, guard against and defuse financial risks of A Mobile Corporation.