Research On Internal Control Of Changchun ZH Ltd.

With the continuous development and progress of market economy, thecompetition between enterprises are becoming increasingly fierce, which in the fiercemarket competition if you want to stand out, to seize a place, it is necessary to form asound internal control and management system. Internal control environmentconstitutes a company’s overall atmosphere, largely affects the overall quality ofcorporate accounting information. Currently, many listed companies faced with theproblem of distortion of accounting information, which is not due to these companiesnot established internal control system, but because of its series of problems in theseinternal control environment, which led to the company’s internal control andmanagement the system can not be effective, thus affecting the authenticity of thewhole enterprise accounting information. Based on that, how to improve themanagement of the internal control environment, a major enterprises to improve thequality of accounting information and an important guarantee of authenticity.This paper selected for the study Changchun ZH Ltd., through studies of theinternal control of enterprises, to provide the corresponding theoretical guidelines forChinese enterprises to improve their internal controls. ZH Ltd. in Changchun in theactual operation of the process, faced with personnel, equipment, innovation, marketcompetition, financial turnaround and internal management issues, which greatlyaffected the effectiveness of internal controls across the enterprise. At this stage,Changchun ZH Ltd. in internal control at this stage of the process, the main problem inthe following aspects: First, the shortage of personnel, equipment, low level; Second,innovation capability is weak, low market competitiveness; Third, the financial turnaround difficulties; four internal management loose. ZH Ltd. in Changchun reasonwhy internal control issues facing the foregoing, mainly due to the internal controlmanagement concepts behind; enterprise management awareness of internal controlweaknesses; corporate governance mechanisms are inadequate; incentive mechanismis not perfect; budget management is not standardized.The serial internal control problems faced by Changchun ZH Ltd., are not thecompany alone all the difficulties, but also most of our companies face similarproblems in internal controls. The author of Genesis ZH Ltd. Changchun internalcontrol issues and conduct research and analysis, from the internal control elements,departmental functions, operational decision-making processes and financial control ofthese four levels starting to improve internal Changchun ZH Ltd. provides controlcountermeasures ZH Ltd. and Changchun in the future the new situation of internalcontrol development elaborated to provide the corresponding theoretical guidelines forthe internal control of the development of similar enterprises.