Internal Control Of Construction Listing Corporation In China

To establish and perfect the internal control is an important job of the relevant departments of the state continue to emphasize, especially after America's "Enron event" and "WorldCom", "the domestic aviation oil and grain ", "Huge deposit forgery case of Qilu Bank", according to the company's management out of control, the illegal operation, making false account behind are reflections of the lack of internal control, which increase the requirement to establish and perfect the internal control. Since the 18 th CPC National Congress, the development of China's economic has entered the new normal, the construction enterprises contribute a force to be reckoned with, in which enterprises are facing many risks and challenges. Although building enterprises annual business increased rapidly and the output volume is increasing year by year, the profits grow slowly, profit margins continue to decline. In many enterprises, construction material loss is relatively serious. In the bidding process, enterprises would accept too low bidding price in order to achieve the bid, which may directly result construction enterprises overall economic efficiency to be low. So we need to establish an effective and suitable internal control system for the characteristics of construction enterprises. At the same time, we should strengthen management, improve the implementation of the system of internal control to play the advantage of management of the enterprise in the fierce market competition.This paper on internal control is related to the development of the theory which is the foundation of the research, it analyzes the characteristics of the construction industry on the basis of the analysis of the characteristics and difficulties in industry control. It uses case study method, and takes A company for example. Then it analyzes the problems which existing in the internal control system of construction enterprises. Specifically, this paper firstly describes the practical significance of the research on the internal control of the construction company, and the research on internal control and internal control of the construction company at home and abroad. Then it starts with the internal control of the construction company, defines its concept and analyzes the characteristics. And then elaborates on the difficulties and the key risks of the internal control of the construction company. Then, this paper takes the A company as an example, analyzes the problems in the internal control of A company and further studies the improvemental measures for these problems. The measures are to set up a reasonable organizational structure, improve the performance management system, actively promote the internal control culture, and identify project risks and improve the bidding process control actively, establish risk database and set up risk management department, and pay attention to the budget preparation, strengthen the continuous management of the construction process, improve the asset management system, and improve the informatization degree, strengthen supervision system and promote joint audit. The conclusion summarizes the defects in the internal control of construction listing corporation, and expounds the importance of improving the internal control system for the healthy and sustainable development of construction listing corporation.