Research On How To Improve B Power Company’s Internal Control

In the November 12, 2013, the Central Committee of Communist Party of China eighteenth Third Plenary Session adopted the "CPC Central Committee on deepening reform of the overall number of major issues", following the re-opened the Third Plenum of the Chinese reform curtain. As an important part of the national public utilities, electric power industry has been in the reform of the cusp, "Electricity System Reform Program" has been introduced in the past 13 years. Power industry itself is technical, financial, management focused intensive high-risk industries, these years of reform and development to promote the cross-power supply and settlement, the main business is more diverse, operational risks common, ever-increasing management costs. Internal control system and the current power enterprise and not with the deepening of reform has improved significantly, and even with a little short board drawbacks, such as: internal control system does not sound very good, or the current internal control system does not meet the business management demand; division for their own jobs, companies can not grasp the principle of separation of incompatible duties, so that the internal checks and balances is not enough and so on.Internal control is designed to prevent a risk management, financial risk, improve operational effectiveness of control activities, for modern enterprises, improve internal control is effective it should have the basic features. Also, the management of internal controls to achieve corporate strategic goals and business should be combined to improve the emphasis on internal controls, will ensure the effectiveness of internal controls as a long-term task to complete. Internal control theory development is still relatively immature in our country, the problem of how to establish compliance with the internal control system of Chinese enterprises is still a Cheng to be explored, and how companies will make up into a pre-post feedback, how to implement internal control theory from top to bottom, in order to better achieve the purpose of internal control, also requires companies to explore the practice.Based on the above background, this paper studied abroad for internal control evaluation system were reviewed and combing, and B power companies as samples, by studying the Investigation of its internal controls and problems, propose solutions to the problem of response measures, combined with the internal control the general principles and elements to explore methods to improve internal controls.