Case Study On Internal Control Of Company Y's Aircraft Leasing Business

In recent years,in order to meet the diversified travel needs of the general public,the civil aviation transportation industry has developed rapidly.The use of aircraft as a means of transportation has been widely used,which has stimulated the airline's demand for the type and quantity of aircraft and stimulated a variety of aircraft acquisition channels.At present,aircraft used by airlines are generally acquired through both purchase and lease.However,due to the characteristics of high value and long usage time of the aircraft,airlines need to invest a lot of capital and technical to purchase a plane.The acquisition of aircraft through leasing can ease the capital and technical pressure of airlines,and can also obtain professional services while acquiring new aircraft.Therefore,leasing methods have become a popular variety with its convenient and flexible features.Benefiting from the rapid development of China's science and technology and the level of the national economy,China's aircraft leasing business has grown rapidly in a short period of time,and the market competition has become increasingly fierce.However,in China,the aircraft leasing business started late and the market development is not yet mature.The experiences of foreign companies cannot fully adapt to the market environment in China.Various current conditions have caused localized aircraft leasing companies to face enormous challenges in their operations and management.Under this background,if China's aircraft leasing industry wants to maintain sustainable rapid development,it will not only need to provide support at the national level in terms of policies,laws,and regulatory environment,but also provide a good industry eco-environment.It also requires that all leasing companies start from their own.The use of norms,scientific management methods and means to ensure the healthy growth of enterprises.In this paper,based on the review of the development status of internal control theory at home and abroad and the internal control research of the leasing industry,a variety of research methods such as literature research method,case study method,quantitative analysis and qualitative analysis method are used comprehensively to understand Y aircraft leasing companies.The relevant background,the analysis of its internal control system,a profound analysis of the effectiveness of its internal control and existing deficiencies,and propose improvement programs for internal control deficiencies.The program mainly emphasizes two points: First,the internal control system should be based on risk control as the main purpose,establish a system and continue to improve in practice;Second,based on the improvement of the internal control system,advance the internal control informationization process and establish Fit the company's actual internal control information system.This research provides a theoretical reference for the construction of the internal control system of aircraft leasing companies in China,and is beneficial to the development and improvement of the aircraft leasing business in China.