The Study On Internal Control Of Financing Activities In HY

Under the condition of market economy,due to the market fast changing,combined with the increasingly fierce competition between enterprises,besides the quality of services and products,enterprises put their focus on the internal management of enterprises in order to strive for survival and development in the severe market competition in modern society.The core of internal management is internal control.Internal control is the key point of the enterprises management,which is also an important part of the good management of the enterprises.If there is no internal control,enterprises are prone to lead to policy mistakes,so as to make the raise funds use efficiency uncertain.Rational and effective internal control helps prevet frauds and improve the working efficiency,to seize key control points in enterprise management,can effectively protect business interests,and helping achieve the strategic goals of enterprises.HY is a state-owned listed company,which comes to colliery,real estate,waterworks.Regardless of the industry,financing is always the first step before start working.Thus the demand for capital increased year by year,however,the internal controls in financing is very weak.It is also can not prevent funding risks effectively.Therefore,companies should strengthen internal control and management,in order to create conditions and safeguards for the smooth conduct fund-raising activities to promote the strategic objectives of the enterprise.This subject report includes six parts.The first part is introduction.This part focuses on the significance and purpose of the research and introduces the background.The second partis the theory summarypart,it mainly summarizes the theories related to innternal control of financing activities.The third part starts to introduces thebasicsituation ofthe case company.The fourth part describes HY Company’s financing activities and internal control problems,the reasons for the defects are also discussed.The fifth part is to introduce the success case of COSCO,including its current situation and internal controls of financing.The six part,also the last part,basing on the successful experience of COSCO,overall strategy on how to improve the HY’s financing internal control is proposed.On the basis of the case study,the thesis focused on helping enterprises find the problems with the system of capital internal control and offers the solutions to them.In practice,this study provides a feasible solution for HY enterprises to improve management,reduce financing risk and financing costs,while it also has reference significance for similar enterprises to strengthen internal control on financing activities.