Research On The Problems And Countermeasures Of Internal Control In Changchun Gas Limited Liability Company

December2001one of the largest U.S. energy company Enron, suddenly filedfor bankruptcy protection, after scandals of listed companies and securities markets,particularly in June2002of the world’s communications companies accountingscandals," completely undermined investors’ capital confidence in the market "(report to Congress,2002). The U.S. Congress and the government to acceleratethe adoption of the bill in order to change this situation in Fig. Act first sentence:."Comply with securities laws in order to improve the accuracy and reliability ofcorporate disclosures, thereby protecting investors and for other purposes " tosubstantive regulation from disclosure. Although the bill passed in a hurry, but it stillhas experienced nearly20times the public hearing, while the U.S. Congress on thebill related personnel launched a debate more fully, and to limit as much as possiblethe negative impact on the economic operation of the Act.When the international capital market reforms sweeping internal controls,internal control and management of wind propulsion, internal control problems ofChina’s listed companies to be overlooked. Gome Chairman Huang Guangyu in2010due to internal trading, bribery and illegal transactions felon;2012Liu Zhijunaccepting huge bribes and valuables others and involve a number of centralenterprises. The scandal exposed the existence of the internal control systemmanagement of serious flaws in some of our businesses. Weakness of internal control,leading to greatly increased business risks companies. Thus, companies have asystematic construction of a scientific nature, importance and urgency of internalmanagement practices workable system becomes evident.Since the reform and opening up, the progress of the social productive forces,highly developed information technology, global economic integration accelerated, the risk faced by foreign enterprises have gradually increased. Complete internalcontrol system and perfect the internal control system is constrained, standardizecorporate governance guidelines behavior is a major measure of risk aversion. In thispaper, the status of internal control of the Company, Changchun Gas and problemsencountered, based on analysis of the causes and solutions.Enterprise is a combination of multiple contractual relations, internal control"internal " on the corporate governance structure should be set up to start. Establishand improve the function of the Board is the most fundamental of internal controls."Enron,"" Xerox " and " WorldCom " serious financial fraud and failure are directlyrelated to the proliferation of internal control functions of the Board. Meanwhile, thebusiness relationship between the person and the external economic ties andcontractual relationships in modern enterprises play an increasingly important role ininternal control "internal" and sometimes extends beyond the boundaries of corporatelaw, the independent auditor, supplier resources, customer credit and demand andgovernment regulators into corporate internal control system."Control " and "anti-control " is the eternal contradiction of a pair, the purpose of internal control isto continue the pursuit of business " under control " to ensure that all types ofbusiness and contractual relationship continued orderly operation to ensure thatcompanies have a good strategic objectives and management team, and thedevelopment of sustainable and efficient manner in accordance with establishedobjectives and value for various categories of contracting parties to find and createvalue. Internal control is a business born, it is built on business and managementprocess, and with close contact, harmony, different aspects of the same thing is not tolet go. Changchun Gas Co., Ltd. is one of the people born in Changchun industry,primarily responsible for pipeline transportation of natural gas, natural gas supply,pipeline engineering contractor specializing in the design and municipal sectors. Wasfounded23years municipal state-owned enterprises, but also the existence of thisresource is extensive, market passive management is not in place and other issues,like other state-owned enterprises, seriously hampering their development potential.Implementation of internal controls can detect and correct a variety of fraud andillegal acts, will help ensure the security of assets, integrity, operating results and financial condition to ensure true and reliable is of great practical significance.This article uses the case study method and system science methods, internalcontrol theory as a starting point to study the internal control system under cosoframework, in-depth analysis of the company’s internal control Changchun Gascircumstances. Internal control environment, risk assessment, control activities,information, communication, and internal control problems in four aspects, scientificorganizational structure, effective management system, the seamless flow of control,maneuverability strong information platform to optimize internal control systemoptimization goals.