Study On The Disclosure Of Internal Control Defects In China’s Listed Companies

Since 2012, the listed company were enforced to announce that implement internal control information in our country, required the sample listed company have to implement internal control self-assessment report to outer according to relevant regulations, especially for the insufficient internal control information, and audit internal control of the company efficiently and specially by accounting firm. But from the implementation of last three years, it is not satisfied about the implementation of the internal control. Therefore, to disclosure of the internal control defects, On the one hand it can make the enterprise realize to disclose internal control information, especially the lack of internal control defect information, promoting enterprises to improve the internal control information disclosure mechanism further and improving the quality of internal control reports; on the other hand, it can warn investors to pay more attention to the disclosure of the internal control’s defect, so that it can promote enterprises to improve internal control report disclosure quality of pressure and motivation.This article is based on the Companies publicly issuing securities information disclosure rules No. 21 of the annual general provisions of the internal control evaluation report published by ministry of finance. After the implementation of new regulations Study of listed companies to disclose internal control deficiencies situation, disclosure quality and other issues, and then make recommendations for improvement.Firstly, it mainly states the relevant theories of disclosure of internal control defects, including the definition, division and classification of internal control defects and the theoretical basis of disclosure of internal control defects.Secondly, Taken Shenzhen motherboard 468 listed companies as the research object, sorting out from 2013 to 2014, the company present situation of the disclosure of internal control defects and statistical analysis to the quality defects of internal control disclosure of listed companies. After summarizing the pervious part of disclosure of internal control defects and disclosure quality, conclude that the problems existing in the disclosure of internal control defects including: disclosure of internal control defects ratio is low, and the detailed slightly oblique Defects of internal control standards is not unified, lack of comparable quality of disclosure of internal control defects remains to be further improve the internal control self-evaluation report format, and the diversity of disclosure. From two aspects: internal and external of probing into the cause of the problem, analysis the external regulators internal audit include the company’s management agencies and stakeholders, including all aspects of the reason.Finally, Aimed at the problems in the disclosure of internal control defects and reasons, and from two aspects of internal and external advice: the disclosure of internal control defects management awareness and perfecting the supervision and administration institution of internal control, then strengthen the construction of internal control and internal control system of defect report. On internal control evaluation standard of unity Strengthen regulatory oversight and disciplinary stimulating effective demand of internal control defect information.