The Internal Problems And Its Countermeasures Of Hunan Ordnance Industries Group Corporation

The internal control system of enterprises is an important part of modern business administration, which makes the business activities of enterprises more economical, efficient and effective. The success of an enterprise is bound up with the supervision and restraint mechanism of the enterprise internal management. At present, the problems in enterprise internal control and management seriously affect the economic benefits of enterprises and hindered the development and growth of enterprises. Therefore, how to make the enterprise internal control reasonably and efficiently is the breakthrough point of competition advantage for enterprises.This thesis introduces the background and research significance of the topic first, then highly generalizes researches on the related theories of enterprise internal control at home and abroad, which provides a solid theoretical basis for the research on the internal control system of state-owned enterprises. This thesis takes Hunan Ordnance Industries Group Company Ltd. as researching case, describes the present situation of enterprise internal control, analyses the problems of enterprise internal control in the company, according to the five elements of enterprise internal control, the basic system and the methods. In this company, due to the insufficient knowledge of the importance of enterprise internal control and management, the relaxed enterprise internal control and management and the low-level control, the development and growth of the company is seriously hindered. Begins with the actual situation of company development, using the related theories of enterprise internal control, the author expounds her own points of view about how to perfect the internal control system and promote the sustained, healthy development of enterprises, meanwhile, comes up with some reasonable and effective strategies of strengthening enterprise internal control management. For an enterprise, internal control and management should, from the perspective of overall-risk, establish an internal control and management system featured by an all-around, entire-process and full-staff participation, instead of mere internal accounting control, for the traditional internal accounting control has no longer withstood various risks brought by the current market economy-oriented society. For the purpose of exercising efficient internal control so as to ensure the enterprise to remain invincible in drastic market competition, it is vital to establish an internal control and management system suitable to enterprise’s demand for self-development.