Control Self-Assessment Research Based On The Coso Framework

Control Self-Assessment(CSA) is an internal control audit method, it's formed an assessment team by internal auditors and managers, then with the help of internal auditors, managers organized their staffs to process the audit to assess the internal control on adequacy and effectiveness of their department. After that, based on the results of their discussion, go a step further, give the suggestions of improvement and form an official report, finally, hand to the manager to implementation of the improvement process. SOX 40 required that in addition to the listed company's annual financial report had disclosed the appropriate of it, and should also be self-assessment of the effectiveness of internal control. China's "Application Guidelines for Enterprise Internal Control" also required that listed companies to use methods of CSA, issued by fiscal year internal control self-assessment report.Under this background, this paper will departs from existing law and regulatory requirements of their own needs, research on the effectiveness of internal control self-assessment as well as their influential factors. The paper will process as follow steps: First, research deeply on the internal control and their assessment theory and methods, especially on CSA-base on the 2014 version COSO framework to summarize the advantages and the needs for its implementation of the demonstration; Secondly, our relatively intricate to sort out the complicated laws and regulations, through the "Internal Control Guidelines" and "Shanghai and Shenzhen Stock Exchange Internal Control Guidelines," the focus of analysis, summed up the four standard measure of its effectiveness: External report readability, legibility, internal find and solve deficiencies in internal control, improve enterprise management level. Then, based on four goals, the current Chinese enterprises to implement internal control self-assessment of the effectiveness of empirical research; Third, after obtaining the status of CSA implementation, research deeply on their willing of implementation. Based on the UTAUT, established the model of CSA willing, analyzed by REM to get four factors include Performance Expectancy?Effort Expectancy?Social Influence and Control Integrity; Fourth, research on the influence factors of the conditions of CSA, which include implemental environment and ability, analyzed by deferent methods of logistic regression and fuzzy math, then established the model of consistency weight, calculate and complete the research; Fifth, through the establishment of weights associate consistency model, completed the study factors whole system; Ultimately, summarize research findings, proposed the implementation of factors that need to focus on internal control self-assessment, provide the assistance to enterprises to effectively implement internal control self-assessment, but also to outside investors do investment decisions, regulators certain significance when formulating laws and regulations.