The Study Of Internal Control In FD Group

As China’s economy is increasingly internationalization, more and more advanced management concept to begin to enter the large state-owned enterprises, wholly foreign-owned joint venture, even some small and medium-sized enterprises. Growing of enterprise scale, makes the internal control of enterprise has increasingly become the focus of attention. How to standardize enterprise operation, risk prevention, improve the enterprise internal control mechanism, strengthen risk management, is the guarantee of sustainable development of enterprises.After China joined the WTO in2002, the Chinese government adjust the policy of auto industry, promote the further development of the automobile industry joint venture cooperation. Volkswagen, GM, Honda, Toyota and other companies implemented aggressive expansion in China. A number of large foreign auto parts suppliers have to invest in China, to establish joint ventures. FD group co., LTD. Is a Sino-US joint venture auto parts company, mainly produces include automotive electronic products, products include navigation, audio entertainment, on-board system, etc. In the automotive industry booming, FD company also continue to grow stronger, successfully acquire five factories which located in central China, north China and south China.As a joint venture company, or as a group, FD is faced with how to improve the internal control mechanism.Based on analysis the status of FD company, this paper point out why the situation exist, what’s the problem, how to solve it.The study cover most operation departments, sales, purchase logistics, finance, information technology and so on.In the field of study, using the tools such as draw flowcharts, establish an effective comprehensive budget management, use Balance Scorecard etc. Finally, according to the FD Group integration, propose the key points to improvement.