The Reconfiguration Of TX Company’s Internal Control System

The research of the internal control system often focused on the public enterprises and large enterprises, but don’t pay more attention to the small and medium-sized enterprises(SMEs). The weaknesses of internal control are the most serious problem to restrict the development of the SMEs. Therefore this thesis researching the internal control system of SMEs comes to be meaningful.This thesis chooses the case study as the type of thesis and a small and medium-sized science and technology company as the research object, through field inspections to in-depth research the internal control of this company. The research starts with the all issues which constraints the development of this company, then systematic analysis the defects of the internal control and the risk, at last to make suggestions to rebuild the internal control system to make up the deficiency to prevent these issues from happening again. The objective of this case study is to improve the theoretical research of China’s internal control of SMEs, to provide the countermeasure and the template of practical operation for establishing internal control system for SMEs, to provide the reference for decision-making for the government and regulators for SMEs. At the beginning of this thesis, the article studies the background, meaning and purpose of research and describes the research contents and methods. Then it introduces and analyzes the internal control theory and Chinese SMEs situation and existing problems of internal control. The next part comes to the part of the case study. At first it gives a brief introduction of A company, summaries the issues of A company and find these issues can be avoid by a prefect internal control system. The next is to analyze the internal control of A company by the frame of internal control five factors and the risk which A company are facing. This analysis is aimed to find the weakness and risk of the internal control system. Then it comes to the part of rebuilding the internal control system. According to the demand of application guidelines for enterprise internal control it rebuild the internal control system for A company to solve the issues. The last part is to points out the insufficient research and outlook.