Research On Internal Control Of Baking Firms

After entering 21 st century,internal control plays more and more important role in enterprises,but many of the internal control systems established can not achieve the effects as expected.In our country,the idea of internal control became very popular in enterprises after its introduction,the government authorities accordingly issue the relevant regulations of internal control system.All these factors,to a larg e degree,raise enterprises’ the awareness of risks control and improve their operation and management mode.As for baking industry,it developed rapidly in the past 20 years.And now,its situation becomes very complicated and the market competition gets much fierce.To gain the competitive advantage,enterprises all come to work on cutting invested cost and strengthen the control of risks.In the baking industry,the purchase business of raw material has diversified and personalized features and the annual purchase cost is huge,which have a great effect on the enterprises’ profits directly.Therefore,the enterprises,it is in urgent need to improve their current operation and management mode,standardize the purchase business,take purchase risks contr ol into purchase management system,enhance gradually the management level of purchase management and reduce the unnecessary cost,so that the enterprises can be more competitive.In the more and more complex internal and external environment,it is in g reat need that baking industry should establish the complete set of internal control system.This paper is to make the empirical research through C company’s internal control in its purchase business.Here is the framework of this paper: In the Introductio n,it introduces the background,research status and meanings of this research and gives out the research methods,routines and purposes;In the Chapter Two,it introduces the theoretical achievements related,such as researches on enterprise internal control standardization and purchase;In Chapter Three,it sketches baking industry characteristics and information about C company,and emphatically points out the major defects of internal control system in the purchas e business module in C company.In this paper,it also analyzes the causes of the defects and figures out the internal and external reasons;In the end of this paper,taking five elements of internal control as the entry point,it raises a series of feasible optimization measures against current problems in purchase internal control in C company.By the study of the internal control of procurement activities in C Company,it can be found that C company there lacking of full-time internal supervisory agency,no completely established purchase risks assessment mechanism,no multiple incentive mechanism,low level informatization,difficulties to make purchase plans,weak suppliers management and so on.Finally,In order to improve the internal control system of C company’s purchasing business,this paper combines the internal control system with with the actual situation of the purchase business activities,takes five elements of internal control as the entry point and puts forward corresponding suggestions.As a single case study,this paper will provide beneficial reference to many baking industry enterprises on their internal control of purchase business;...