The Research On The Internal Control Of The Company CM

With Effective internal control system could help enterprises secure their securities and reduce operation risk.In contrast,if the internal control system failed because of limited management level,it could lead to many negative consequences.These facts are very bad for the development of enterprise.CM is an husbandry public company,but it's internal control system has many problems due to many factories,including both inside and outside company.This article aims to provide several customized plans to help CM optimize it's internal control system bases on the weakness I find from research and analysis of CM's current operation situation.This article will use interviewing method,walk-through test,questionnaire method,and analytic hierarchy process to evaluate CM.By interviewing and sending questionnaires to employees and managers,acknowledging the key control points of CM,and combining with other internal control evaluation methods to make judgments to CM.The conclusion that CM internal control system does not have major drawback,but there are several weak parts and they need to be fixed.The major problems of current internal control system are: insufficient independence of internal control system,the HR management is lacking standardization,employees are shorting of positivity,risk management system has not been built,budget and purchase are carried out inaccurate,and lacking of supervision.At last,the article proposed plans that specifically customized for CM to help it optimized its internal control system,and they are as follows: CM should pay more attention to it's procedure of performance assessment,use rotating systems on key positions,build risk management control system,enhance complaining and reporting mechanism,searching outside information,improve working efficiency,reinforce CM's function of supervision.Besides,risk points of purchasing and budgeting are discussed and better flows are designed.For example,how to select and evaluate suppliers,procurement acceptance,budgeting control,using rotating systems on key positions,complain system and inside advises acquire.