Case Study On Internal Control Optimization Of Monerty Fund Of Z Company

Internal control is an important means of sustained and stable operation,ensuring the realization of its strategic objectives.Monetary fund internal control is to ensure that the enterprise's cash security,integrity,and ensure that monetary fund business cycle program legal,compliance,reasonable,to ensure maximum efficiency in the use of monetary fund taken systematic checks and balances,procedures and methods of coordination of operations.Z company is a large state-owned military listed companies,fully reinforced,has a pivotal role in the field of transport and special machines.Therefore selecting the company as a study object has a representative.This paper introduced and described the internal control of monetary fund for the significance of corporate governance from the perspective of the development In the course the study,first of all,we defined the definition of the cash,currency fund and other related concepts.Then,according to the five core elements of the Basic Standard for Enterprise Internal Control issued jointly by the five ministries and commissions,we adopt the theory and practice research methods in-depth analysis the internal control of Z company's monetary fund from the company level(including internal control environment,risk assessment,control activities,information communication,internal supervision)and the business level(including budget,payment and auditing).Through analysis and research,the author thinks that there are some defects in the Z company's internal control of monetary fund:1.Unreasonable monetary capital system;2.Backward currency fund risk assessment tool;3.Weak monetary fund system execution;4.Monetary fund information communication is not smooth.5.Superficial internal supervision of monetary fund.And the deficiencies in the operational level are:1.The large deviation of monetary capital budget;2.Unreasonable monetary fund receipt and payment;3.Weak monetary fund auditing internal control.According to genetic analysis,the author puts forward some suggestions on optimization of Z corporation internal control of monetary fund:1.Improve the internal control of monetaryfund training;2.Strengthen the risk assessment of monetary fund;3.Execution of internal control activities by system;4.Construct a monetary fund information communication platform;5.Strengthen the independence of the monetary fund internal supervision;6.Implement the monetary fund budget assessment incentive system;7.Assess the rationality of procurement fund;8.Improve the independence and authority of the Monetary fund audit.This case study will not only help improve the present situation of Z company's monetary fund internal control,but also can provide reference for the construction of internal control of monetary fund of large-scale military manufacturing enterprises.