Research On Internal Control Of Current Account In Shaoxing Electric Power Supply Company

Internal control is a key link in the process of enterprise management,which plays an important role to strengthen enterprise's organization and management,achieve the management goal,as well as a symbol of modern enterprise management level.Electric power industry is the basic industry of the country,which plays an extremely important role in national economy.Large investment,scattered equipment and intensive capital are the typical characteristic of it.With the accelerated development of electric power system reform,market mechanism steadily move on both ends of the power grid.Interregional power trading is continuously innovating and customer structure become more complicated.Sales and purchasing information management level are more refined.Meanwhile,the end of the financial management link will be affected owning to the lagged adjustment of front business.,especially obvious in the current account management.State-owned power supply,the large investment size,the high current account management risk of the electric power industry as well as the whole transformation of it make enterprise current payment risk prevention significant.So it is necessary for power industry to reduce the current risk management by effective internal control measures,in order to ensure the safety of power supply enterprise capital assets and achieve business development goals smoothly.This paper takes Shaoxing Power Supply Company as the research object and analyses the present situation of internal control of company's current account using literature analysis methods,field research method,quantitative analysis method.Comparing the five elements of internal control of COSO report,it points out that there are five kinds of problems in the internal control management.According to these five questions,the internal control system is optimized respectively improvement suggestions are as follows: Build enterprise culture attaching importance to the current account management;Build collaborative management system between business department and the finance department.Establish and improve the current account risk assessment system;Unify standard between business management of current account;Innovate collaborative classification and management means between business department and the finance department.Develop management integration platform of current account.Construct the monitoring platform of current account.Build quantitative performance evaluation,etc.Put forward reasonable suggestions to improve the internal control of the current payment and improve the level of internal control.Shaoxing Power Supply Company is the city level subsidiary of the State Grid system,so the background of current account internal control construction,the present of operation and management,and the problems of internal control can represent the problems existing in the internal control construction of similar power supply enterprises to a certain extent.Therefore,the internal control improvement ideas and optimization measures proposed by the Shaoxing Power Supply Company have some reference significance for the other city power supply companies to some extent.