Research On Internal Control Of T Company Purchase Process Based On SAP System

Since the reform and opening up,with the rapid development of China,China's enterprises continue to grow and develop.As an effective means of controlling internal risks and preventing hidden dangers and protecting the safety of assets,there are increasing interests on enterprise internal control.Procurement activities involve not only the flow of goods but also the flow of cash,make it a hot zone of fraud and economic crime.Due to the lack of effective internal control mechanism,many enterprises have encountered serious problems such as high procurement costs,poor procurement and procurement corruption,and brought huge crisis to the survival and development of enterprises.In addition,with the rapid development of information technology,SAP system has been widely used in the enterprise,making the enterprise internal control environment changes tremendously and brought new challenges.Under such background,it is of great practical significance to study how to adjust the methods and processes of enterprise internal control and adapt it to the information management so as to ensure the effective implementation of internal control in the context of SAP system.This paper summarizes the domestic and international research status on the internal control of procurement process,sort out the concept of the development of internal control process and introduce the SAP system and its modules.This paper uses the five elements of internal control proposed by the COSO report to investigate and evaluate the status of T Company's procurement process and find out the main problems in internal control of the Company's procurement process.On this basis,the paper analyzes the risk of T Company's procurement process and establishes the internal control points of the procurement process,including the demand determination,the application for purchase,the selection of suppliers,the signing of the purchase contract,the acceptance and the payment.According to the principle and system of internal control,new requisition process and purchasing process are designed based on SAP system for T Company.In the new requisition process and procurement process implemented a series of internal control initiatives,including the authority of the control,approval of the control,the arrival of the number of control,the arrival of the cost of control and payment control.