Study On The Internal Finance Control Optimization Of Ningxia Yonvey Coal Industry Co.,Ltd

Since the reform and opening up,the number of Sino-foreign joint ventures has increased year by year,and Sino-foreign joint ventures play an important role in China’s economy.Sino-foreign joint ventures for China’s economic construction to add a lot of money,an increase of fiscal revenue,to our country brought advanced technology,effectively promoted China’s export earnings,for our country to create a large number of employment opportunities.Sino-foreign joint ventures in China’s development there is a deeper impact,Sino-foreign joint ventures to improve the enterprise management system,financial system,for our country to cultivate a large number of management,will operate,familiar with international practice management.Companies that are well-managed have a proven,mature internal control system.Ningxia Yongwei Carbon Industry Co.,Ltd.is a Sino-US joint venture established in 2008,from the beginning to the present,the implementation of the internal control system and the implementation of the system has been the company’s management to explore the problem.The purpose of this paper is to analyze the existing problems of financial internal control of Ningxia Yongwei Carbon Industry Co.,Ltd.,and then put forward the proposal of perfecting financial internal control.This paper analyzes the internal control measures implemented by Ningxia Yongwei Carbon Industry Co.,Ltd.,and analyzes the information and communication,internal environment,risk assessment and identification and control activities in the internal control framework of the enterprise.And supervision,etc.At the same time,summed up the enterprise in the implementation of internal control problems,including the dual leadership issues between China and the United States,the financial management system bubble serious,monitoring problems,content control activities problems Wait.Specific analysis of the causes of such problems,including the cultural differences between the management of both Chinese and American personnel,financial staff lack of risk management awareness,management management concept behind,weakening the various monitoring mechanisms.And then clear Ningxia Yongwei Carbon Co.,Ltd.internal control system should follow the principles of the principle of mutual containment,the principle of program positioning,cost-effectiveness principles,coordination and coordination principles,the overall structure of the principle.Internal environment improvement,proposed the establishment of a modern corporate governance structure,the implementation of "a company" concept;set up job authority,balance the joint venture in the enterprise power and status;the establishment of internal audit system to strengthen the internal control and other programs.Strengthen the awareness of risk prevention,put forward to create full participation in the internal control culture,performance and pay to guide the risk prevention awareness and other programs.Strict control of operational activities arising from the risk,including the need to avoid the use of Indian risk,strengthen the document management,to prevent information security risks.Supervision optimization,including comprehensive budget control optimization,internal audit control optimization.Ningxia Yongwei Carbon Co.,Ltd.improvement program to go through the following five steps to complete the implementation of the work,including based on the framework design and project planning stage,the consolidation of the substantive process and the initial data preparation phase,system development and system and personnel preparation phase,Trial operation phase,feedback rectification stage.We will provide some safeguards measures for the implementation of the improvement plan of Ningxia Yongwei Carbon Industry Co.,Ltd.,including strengthening the internal control and risk management committee,guiding the internal supervision atmosphere,perfecting the people’s education mechanism,establishing a reasonable agent incentive system,Differences,and cultural identity.It is hoped that the results of this paper will help Ningxia Yongwei Carbon Industry Co.,Ltd.to improve the internal control system and improve the risk prevention and control ability.At the same time,this article on Ningxia Yongwei Carbon Co.,Ltd.internal control to improve the thinking of other enterprises in the same industry to strengthen the internal control system,improve the level of risk management has a reference role.