Research On The Improvements Of The Internal Control In Zhuzhou Tianqiao Crane Co.,Ltd.

The financial fraud events of Enron case and Worldcom case break the orders of the capital market and make it suffering from an unprecedented challenge. Afterwards, the related regulators realized that it necessary to strengthen the internal control of enterprises to solve those sort of problems. The regulators in our country forcibly demand the listed companies to implement the standard internal control in recent years. The process of internal control in the listed companies of our country varied from different levels and they are weak to resist risks so that it is must to promote the improvement work in internal control powerfully. By improve the internal control, it is able to improve the ability to resist risks in an intricately economic environment, it can coordinate the relationship of levels of managements in enterprises. What's more, it will satisfy the regulatory requirements of national regulators as well.Zhuzhou Tianqiao Crane Co., Ltd.(hereinafter referred to as "TQCC") is a listed company in manufacturing industry. This paper takes TQCC as the research object based on the related theories of internal control. It takes the investigative method to do the research of improving the internal control of TQCC, which the interviewing, accumulating materials and statistics analysis are involved. The method is based on both the theories of risk management theory which is in the lead of the internal control and the basic specification of internal control that guides companies to construct their internal control in our country and the actual situation of TQCC's internal control construction. The paper makes the 5 points of internal control theory as the frame, firstly introduces the topics of the meaning, background, domestic and international internal control to make a preliminary position in the construction of internal control by clearing the general level of the internal control that our country makes at present. Secondly, the paper has described systematically the actual situation of company's internal control and the problems that exists in the system, and then points out the reasons and figure them out one by one, proposing solutions. Finally, in order to implement the improved scheme smoothly, the measurement is going to authorize the improving group of internal control, provide the leadership as the security, plan and resolve the steps for it and set up a desired effect for the group. And then, it's necessary to feedback and evaluate the improving work and to be in convenience of guiding the direction afterward. It is excepted to achieve the target of internal control to make the financial statements reliable, to improve the operational efficiency, to control risks and realize the strategic development by improving the internal control of TQCC.