Research On Purchase Internal Control In ZDT Jiangxi Electronic Power Corporation

As the Chinese economy steps into the New Normal process,structural reform of the supply front of energy industry is launched in the whole country.How to reduce inventory,cost and develop weakness demand the energy industry make changes.However,part of companies doesn't pay enough attention to the internal control of procurement operations,which causes problems of the low-quality materials,high cost and corruption,thus lays high risk to the operation of the company.The essay summarizes the theories and papers related and research the State Power Investment Cooperation Jiangxi Electric Power company to find the problems of procurement operations and tries to analyze the reasons and give advices in the end.Specifically speaking,the essay is composed of five parts.The first part is introduction and introduces the research background and significance,research on theories and papers as well as the research methods and structure of the essay.The second part illustrates the theories of internal control of procurement operations,which contains the explanation of conceptions and the introduction of related theories.The third part mainly talks about the basic information of the company.The forth part shows the procurement operations problems of the company and reveals the inner reasons from the five elements theory of internal control.The last part is the most important part of the essay,which gives suggestions to improve the efficiency of internal control of procurement operations.From the research,the internal control of procurement operations of the company is not efficient,whose reason are that there exist loopholes in the rules of procurement system,procurement budget,procurement investigation,supply chain management,contract management,acceptance check management,payment and payment management.According to these problems,the essay analyzes the inner reasons from the perspective of internal control and gives the suggestions from four aspects:optimizing the internal control of procurement purchase,establishing of the overall system of supervision,reinforcement of management of risk assessment and formulation of efficient communication mechanism.