Research On The Optimization Of The Internal Control System Of SN Parts Company Based On The New Framework Of COSO

This paper based on the review of internal control theory, to borrow the internal control theory mainstream concept, analysis and research the new COSO framework,and on the basis of the framework of analysis, to further explore the internal control theory basis. It pointed out that the construction of internal control theory and practice closely integrated internal control theory as a tool and methods to solve practical problems.Along with the rapid development of China’s automobile industry, the importance of auto parts gradually prominent. But now, China’s domestic auto parts low level of manufacturing industry as a whole, extensive management, cost control is weak, the existence of these problems seriously hindered the development of enterprises, but also to the production and management of hidden hazards, this paper argues their own internal control system imperfect is an important cause of the above problems. Establish and improve the internal control system is to solve the above problems an entry point.This paper studied SN company is one of the typical auto parts enterprises, enterprises to develop an internal control system, but there are some problems in the actual operation of the column and the production process, these problems reflect the theoretical framework and practice to do gymnastics detachment, not to join the internal control framework and can not be a better guide enterprises to implement internal control, in this case, the urgent need to improve the business updated internal control framework.In this paper, by theoretical research, combined with the company SN practice cases, from the COSO internal control elements of the SN level control status of each of the company’s internal analysis to identify deficiencies and suggest improvements.Paper is divided into six parts: opening first discusses the background and significance of the article, the relevant domestic and international research, research, research methods and routes; secondly, review of internal control theory development process,and outlined the new COSO the specific content of the frame; then from the COSO internal control five elements of view, the company’s internal control status of SN analysis to identify SN in the implementation of internal control deficiencies.The company analysis found the presence of authorized tedious business, be sure to ignore the assessment of risk, procurement and production processes in the salesprocess was not sufficiently transparent, the information is not shared within the group,information flow compensation is not conducive regulatory and internal audit issues.Combining these issues raised Optimizing Strategies: Optimizing License, complete the business through the establishment of employee information database authorized to increase the assessment of fraud risks, redesign business processes to improve procurement and sales, the group completed the integration of information.