The Impact Of Internal Control On The Accounting Information Quality

As an important means, internal control can improve the efficiency of enterprise management and protect company assets, and affect the formation and disclosure of accounting information, which has a pivotal role to improve the quality of accounting information. In order to improve the quality of accounting information of enterprises, the various countries and organizations make the laws to standardize enterprise accounting management system. But, the enterprise's accounting management failures and all kinds of financial fraud is still level. One of the important influence factors is internal control.The article first reviews the related studies for the internal control and accounting information quality include international and domestic research theory development. Then it discusses the internal control theory and the accounting information quality. Firstly the article introduces the basic theory of internal control, meaning, elements and principles. Then this paper introduces the connotation and characteristics of the accounting information quality. It also analyses the two methods to measure the quality of accounting information. The third part discusses the effect of internal control of accounting information quality. This part firstly introduces the two objectives of accounting information, and the strengthening of internal control for the target. Then It analyzes the influence on the formation process and transfer process of accounting information. The essay discusses the deficiency of the internal control, such as principles of cost and benefit, the collusion fraud, functions of unauthorized and the lag of system, which have the impact on the quality of accounting information. The fourth part is the case analysis for ZS company. It first introduces the ZS company background and the current status of the company's internal control. Then it introduces the accounting information distortion problem, due to imperfect internal control, which divided into accounting treatment and information disclosure. Finally, it put forward the corresponding improvement suggestion for ZS company's internal control.