The Research Of Risk Oriented Internal Control Based On Zhengzhou Coal Group

Coal industry, as one of the important basic industries in China, takes great responsibility for transmitting direct energy and conversing energy, thus it is the main force of national economic construction. Most of the coal enterprises are backbones of the regional economy, and play an important role in both regional employment stability and economic growth. In recent years, domestic coal industry declines and the price of coal level pl ummets seriously due to national industrial policy adjustment, and the loss of many enterprises is sever, which makes them have to choose merging and reorganization or transformation and upgrading. At the present stage, the risk that coal enterprises face presents a tendency of diversity and the moral operation and the effective internal control are facing more and more problems, which lead the government to pay high attention to the management and risk response level of coal industry. It is imperative to speed up the internal control building. As the core of enterprise management, internal control is the key of the enterprise, and a proper evaluation is the first step for a better internal control. Thus, a research on how to build the risk-oriented internal control system will have a profound theoretical and practical significance for coal enterprise.Firstly, this thesis reviews the internal control and risk management research status both at home and abroad, and conducts a systematic analysis for risk ma nagement and internal control characteristics. Secondly, the paper analyzes the risk-oriented internal control system and elaborates the five elements of internal control and their basic function in internal control system. Thirdly, the research takes Zhengzhou Coal and Electricity Company as an example and points out the present situation of inefficient internal control and its specific causes. Fourthly, the thesis conducts an integrated assessment with risk matrix method, with regards to the risks of Zhengzhou Coal and Electricity Company, among which the thesis chooses wall score method to evaluate financial risk separately and explores the specific measures of constructing the internal control measures. In the end, it summarizes the specific methods on building the risk-oriented internal control and puts forward specific improvements for Zhengzhou Coal and Electricity Company.